WebWe would like to show you a description here but the site won’t allow us. WebJun 23, 2024 · Pine Labs Acquires Setu in Reported $70M to $75M Deal. Merchant commerce omnichannel platform company Pine Labs is acquiring application programming interface (API) infrastructure startup Setu to ...
Pine Labs acquires API infra startup firm Setu for $75 million
WebJun 23, 2024 · Setu's founders will continue to lead the company and brand name, and the 90-100 employee team of Setu will be retained, Pine Labs said in a briefing. Founded in 2024, Setu offers API (Application Programming Interface) integration for fintech players to work closely with regulated entities like banks, non-banking financial companies (NBFCs ... WebJun 23, 2024 · Merchant commerce platform company Pine Labs is acquiring API infrastructure startup Setu to bolster its suite of digital payments and lending products. … fake exterior window ideas
Pine Labs - Wikipedia
WebJun 24, 2024 · Chennai: Merchant commerce platform Pine Labs on Thursday said it is acquiring Bengaluru-based API fintech infrastructure startup Setu, which is Pine Labs' third acquisition this year. The ... WebFeb 2, 2024 · Noida-based fintech unicorn Pine Labs is in advanced negotiations to acquire Setu, the Bangalore-based API (application programming interface) infrastructure company, two people with knowledge of the matter said. The deal size is upwards of $70 million and the due diligence process is currently underway, one of them said. WebJun 27, 2024 · Pine Labs last raised $50 million in March this year, hot on the heels of a $150 million investment in February valuing the company at more than $5 billion. This acquisition is also Pine Labs’ third in 2024, having picked up a majority stake in payments solution provider Mosambee and Mumbai-based payments firm Qfix earlier this year. fake extra college class names