Pine Labs gears up for next phase of growth, plans to foray into new mkts

Digital retail payments platform Pine Labs is gearing up for the next phase of its journey.  It is planning to bring in the latest solutions that aim at proving better customer experience, foray into new markets and categories, and eventually go for an initial public offering (IPO) which may happen over the next two years.

In the next couple of years, the Noida-based firm is also expecting the total payment volume (TPV) on its transactions to rise more than four-fold to $100 billion from $23 billion. 

That would put Pine Labs in the league of US-based financial and merchant services firm Square