Pine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment processing into lending. International revenue saw significant growth, with expansion plans in several countries. UPI transactions now dominate merchant checkouts, driving new device adoption. Pine Labs anticipates Apple Pay's entry into India later this year.

July 28 : Indian fintech firm Pine Labs on Tuesday posted a more than four-fold increase in first-quarter profit, driven by increased adoption of digital payments and the…

Revenue from operations rose 20% to Rs 736.9 crore from Rs 615.9 crore. The growth was led by its issuing and acquiring platform, which expanded 31%, while its digital…