Pine Labs, a Singapore-based merchant commerce platform, received an investment from Mastercard (NYSE:MA).

Led by Lokvir Kapoor, founder and chairman, Pine Labs leverages a cloud-based platform to offer a wide range of payment acceptance and merchant commerce solutions.

Its stored value platform includes issuing, processing and distributing digital gift cards for corporate customers.

The company’s customer base includes prominent large, mid-sized and small merchants across India, South East Asia and the Middle East.

Pine Labs works closely with a range of financial institutions and partners who are responsible for the design and delivery of the instalment financing service to merchants and consumers. | To read full story, visit https://startuparound.com/read/1579906808.844654/Pine-Labs-Receives-Investment-from-Mastercard?ref=audio_experience