BankingInvestments

Pine Labs: Announces New Investment from Lone Pine Capital

  • Pine Labs Asia’s leading merchant commerce platforms serves prominent large, mid-sized and small merchants across Asia and the Middle East
  • Announced it has raised a fresh round of funding from Lone Pine Capital (“Lone Pine”)
  • With this investment, Pine Labs is now valued at over USD $2 billion
  • Thrilled to welcome Lone Pine as an investor during this exciting and transformative phase of Pine Labs’ growth journey
  • The Pine Labs team is leveraging key structural changes taking place across payments and fintech globally
  • Lone Pine’s investment follows the strategic investment made by Mastercard in January 2020, when Pine Labs attained unicorn status
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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