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PayPal-backed Pine Labs plans up to $700 million IPO in October
The Economic Times· 2025-09-18 21:35
The company, backed by Mastercard Inc. and PayPal Holdings Inc., has started roadshows for the planned initial share sale, the people said, asking not to be identified as the information is private. It cut down its size from a $1 billion targeted earlier, after existing investors scaled back their offer-for-sale portion, they said.The offering comes as the government’s digitization push fuels a boom in the financial technology space and the primary market sees a surge in listings. It includes a fresh issue ...