PayPal-Backed Pine Labs Plans Up to $700 Million IPO in October

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Rajesh Mascarenhas

Baiju Kalesh

BLOOMBERG INDIA PORTRAIT

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Fintech Firm Pine Labs Is Said to Weigh $1 Billion IPO in India

PayPal-Backed Pine Labs Files India IPO Riding on Fintech Boom

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Pine Labs, a digital payments provider in India, plans to raise as much as $700 million from an initial public offering in the second half of October, according to people familiar with the matter

In this photo illustration, a Pine Labs Private Limited logo

Pine Labs Ltd., a digital payments provider in India, plans to raise as much as $700 million from an initial public offering in the second half of October, according to people familiar with the matter.

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