Gurugram-based merchant fintech platform Pine Labs has announced it has raised an undisclosed investment from Mastercard.

While the quantum of funding and terms were not disclosed, according to a press statement shared by the company, this investment is part of a partnership to continue the growth of different electronic payment options for consumers across the region.

The collaboration will deliver an extensive range of card and real-time payments-based installment financing at checkout – in-store and online.

Vicky Bindra, Chief Executive Officer, Pine LabsIn a press statement shared by the company, Lokvir Kapoor, Founder and Chairman of Pine Labs, said:“This relationship is a great validation of the top-quality products that Pine Labs delivers to merchants.

At present, Pine Labs' offerings are available in India, Southeast Asia, and the Middle East. | To read full story, visit https://startuparound.com/read/1579843908.511928/[Funding-alert]-Pine-Labs-raises-investment-from-Mastercard?ref=audio_experience