Temasek-backed Indian fintech firm Pine Labs eyes IPO in a year, says CEO

Visual from Pine Labs website

Indian fintech firm Pine Labs is considering an initial public offering in as little as a year, its chief executive said on Thursday, as the company made a foray into the online payments space that it sees as a multi-billion dollar opportunity.

Pine Labs, which counts venture firm Sequoia Capital, Singapore state investor Temasek, and U.S. firms PayPal and Mastercard among its backers, offers services and tools such as inventory management and payment terminals to merchants across Asia and the Middle East.

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