Pine setu apis 70m75mbhalla the economictimes
WebJun 27, 2024 · June 27, 2024. India-based Pine Labs has completed its third acquisition of the year with the purchase of Setu, an API FinTech startup. By working together, they hope to provide merchants and issuers with improved personal finance management, loan monitoring, credit underwriting and more. Setu provides banks, insurance companies, … WebJun 21, 2024 · API infrastructure startup Setu is being sold to Nasdaq-bound Pine Labs for nearly $70-100mn, ET Now has learnt exclusively from sources. The deal could be announced later this week, and is likely to be in both cash and equity. In fact Pine Labs has called for a press conference on June 23, for a “new business announcement” and ET …
Pine setu apis 70m75mbhalla the economictimes
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WebJun 23, 2024 · The deal is valued at 70-75 million US dollars, company officials said at a virtual briefing. Setu has seen strong demand for its products - their APIs are used across … WebJun 23, 2024 · Setu has seen strong demand for its products - their APIs are being used across diverse industry verticals today including startups, retail enterprises, banks, …
WebFeb 2, 2024 · In January, Pine Labs raised $20 million from State Bank of India. Till date, it has raised over $1.4 billion. (Photo: iStock) Deal may be worth over $70 mn and due … WebFeb 24, 2024 · Sydney, city, capital of the state of New South Wales, Australia. Located on Australia’s southeastern coast, Sydney is the country’s largest city and, with its …
WebJun 23, 2024 · Setu's founders will continue to lead the company and brand name, and the 90-100 employee team of Setu will be retained, Pine Labs said in a briefing. Founded in 2024, Setu offers API (Application Programming Interface) integration for fintech players to work closely with regulated entities like banks, non-banking financial companies (NBFCs ... WebJun 27, 2024 · Delhi-based merchant commerce platform Pine Labs announced that it is acquiring Bengaluru-based API start-up Setu. Pine Labs buys Setu Founded in 2024 by Sahil Kini and Nikhil Kumar, Setu provides low-cost Application Programming Interface (API) infrastructure to businesses launching onboarding, payments, deposits, lending, and data …
WebJun 23, 2024 · Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal valued at USD 70-75 million. The deal will entail a mix of cash and equity. Commenting on the acquisition, B Amrish Rau, CEO of Pine Labs, said: "Setu will make an incredible addition to the Pine …
WebApr 13, 2024 · Infosys net profit rises 12% year-on-year to Rs 5,686 crore in March quarter. Infosys’s consolidated net profit rose 12% year-on-year to Rs 5,686 crore for the quarter ended March. The company reported a 29.8% on-year rise in consolidated revenues at Rs 32,276 crore. Details: This was higher than street estimates as year-on-year revenue ... security codes radioWebJun 23, 2024 · Updated Jun 23, 2024, 1:39 PM IST Pine Labs acquires leading API infrastructure start-up Setu Noida-based merchant commerce platform Pine Labs has said today that it is acquiring... security code scan standaloneWebOutback NSW. Wall of China, Mungo National Park. Outback New South Wales is a land of sacred Aboriginal sites, harsh deserts, and haunting beauty. Mungo National Park in the … purpose of blowing the shofarWebNikhil Kumar, Co-Founder and Chief Evangelist of Setu, started his career building the partner ecosystem at Tally. Featured in Forbes 30 under 30, he has been instrumental in building the India... security code to unlock auto sound systemWebJun 24, 2024 · June 24, 2024, 07:51 IST New Delhi: Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal valued at USD 70-75 million. The deal will entail a mix of cash and equity. purpose of board effectiveness reviewWebJul 7, 2024 · Setu, an API specialist startup that was bought by Pine Labs recently for $70-75mn—has received an in principle approval from the Reserve Bank of India for an account aggregator licence Account Aggregators (AA) are non-banking companies that allows users to share data between financial institutions. It eliminates the need for users to provide … security codes shsWebJun 24, 2024 · The deal is valued at 70-75 million US dollars, company officials said at a virtual briefing. Advt. Setu has seen strong demand for its products - their APIs are used … purpose of board retreat