- 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