Pine Labspublic
Pine Labs is a fintech, not an AI company. It provides POS devices, online payment processing, instalment credit, prepaid/gift-card programs (via Qwikcilver) and merchant financing. Customers are retailers, brands, enterprises and financial institutions, with over 150,000 merchants across India, Southeast Asia and the Middle East. It earns money from transaction fees, device and subscription charges, and value-added financial services. It was founded in 1998, raised about $1.2B privately, and listed on NSE/BSE in November 2025. Revenue was ₹2,274 crore in FY25 per Wikipedia; sources differ on FY26 revenue.
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