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SETU FINTECH INFRASTRUCTURE
RBI Innovation Hub boosts its top deckThe appointments follow Sahil Kini, founder of fintech startup Setu becoming new CEO of the company wholly owned by RBI.11 Feb, 2026, 01.58 PM IST- Pine Labs unit Setu receives RBI nod to acquire account aggregator Agya TechnologiesWith this nod, Setu can raise its stake to 100 in Agya Technologies, which till now operated as an associate company of Setu. The acquisiti...20 Jan, 2026, 09.08 PM IST
- Pine Labs secures all three payment licences from RBIPine Labs has obtained all necessary regulatory licenses from the Reserve Bank of India. This includes approvals for offline payments, onli...12 Nov, 2025, 11.29 PM IST
- Setu strengthens top deck with senior execs from Razorpay, PhonePe, WibmoPine Labs-owned fintech appoints Anand Raisinghani as CEO, brings in former leaders from Razorpay, Clear, and PhonePe across key roles.25 Jul, 2025, 04.46 PM IST
- Pine Labs launches new credit issuing stack for businessesCurrently, Credit+ has partnered with Mastercard and Visa, as it looks to launch other card network providers such as Amex and RuPay.30 Nov, 2023, 09.16 PM IST
- Fintech startup DPDzero raises $3.2 million in funding round led by Blume Ventures, IndiaQuotientDPDzero plans to use the funds primarily to “enhance product distribution, expedite product development, and assemble a high-calibre team”.04 Oct, 2023, 10.30 AM IST
- Pine Labs acquires Saluto Wellness to bolster its rewards management playThe acquisition will allow Pine Labs to provide corporate enterprises and brand partners with reward workflow management capabilities for t...23 Jan, 2023, 07.57 PM IST
- Setu gets in-principle RBI nod for account aggregator licencePine Labs acquired Setu in a cash-and-stock deal worth $70-75 million last month.07 Jul, 2022, 05.10 PM IST
- Tata Motors probing Nexon EV fire; Pine Labs acquires SetuAfter a video showing a Nexon electric car on fire went viral on social media, Tata Motors said it has launched an investigation into the i...23 Jun, 2022, 06.48 PM IST
- Fintech startup DPDzero raises Rs 3.9 crore in funding led by Better CapitalThe fintech startup will use the funds to make technology accessible to all cohorts of lenders, allowing them to focus on acquiring new bor...15 Jun, 2022, 10.30 AM IST
- RBI’s UPI-credit card linking plan is not adding up for banks, fintechAt present, about 50 million people avail instant loans across banks, non-banking finance companies (NBFCs) and digital lending fintechs th...10 Jun, 2022, 06.00 AM IST
- Pine Labs picks up majority stake in Mosambee, to bolster offline payments playWith the investment by Pine Labs, Mosambee is now valued at upwards of $100 million.13 Apr, 2022, 10.00 PM IST
- Pine Labs raises $50 million from PE major Vitruvian Partners at a valuation of $5 billionLast month, it had closed a $150 million financing from Alpha Wave Global (previously Falcon Edge) which also included a secondary share sa...29 Mar, 2022, 08.36 AM IST
- Pine Labs in talks to acquire API infrastructure startup SetuSetu’s technology stack is expected to help Pine Labs overhaul and refine its financial data infrastructure at a time when it is actively e...02 Feb, 2022, 11.29 PM IST
- PM monitoring Niti project to ensure credit for bottom of pyramid borrowersWhile details are yet to be finalised, the repayments on these loans will be structured in such a way that future DBT inflows to the benefi...12 Aug, 2020, 10.12 AM IST
- India using public digital infra to achieve economic goals at home, connect globally: Jawed AshrafIndia's High Commissioner to Singapore Jawed Ashraf further noted that building digital connectivity and partnerships with Singapore and AS...29 May, 2020, 12.15 PM IST
- Setu raises $15 million in Series AThe company’s existing investors — Lightspeed India Partners and Bharat Inclusion Seed Fund — also participated in the new financing round.16 Apr, 2020, 08.35 AM IST
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