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Announced

Pine Labs to invest in Mosambee.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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payment solutions

Domestic

Payments / Commerce

Majority

India

Acquisition

Private

Single Bidder

Friendly

Pending

Synopsis

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Pine Labs, a merchant commerce platform, agreed to invest in Mosambee, a fast-growing end-to-end payment solution provider in India. Financial terms were not disclosed. "At Pine Labs, we continue to focus on deep technology and SaaS. Ever since its founding, Mosambee has made tremendous in roads into elevating the merchant experience through cutting-edge fintech solutions. They were a natural fit for us due to our shared purpose of making innovative fintech products accessible to all and driving forward the digital payment revolution in India. I look forward to great outcomes ahead and welcome Sameer and team to the Pine Labs family," Amrish Rau, Pine Labs CEO.

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