Out to list, Pine Labs is a hardware business pretending to be a fintech

/ Competition, Credit, Fintech, Growth, Hardware, IPO, Lending, Losses, Merchant Acquisition, Merchants, New Products, Payments, Pine Labs, POS, Products, Revenue, Southeast Asia, Strategies, Valuation, VC Funding

Out to list. Pine Labs is a hardware business pretending to be a fintech. Pine Labs was injected with vast amounts of VC money. The hope was that the hardware would trade for higher multiples. The core of the company is its POS machines. Pine Labs has a strong core of large retail chains. The company is trying to grow with new products and in new regions.

Published by: The Morning Context
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