Pine Labs, founded in 1998, became a unicorn in 2020 after raising an $85 million funding round at a $1.68 billion valuation. The company has raised $1.04 billion to date and operates a global payments and merchant commerce platform. Headquartered in Noida, India, Pine Labs enables in store, online, and omnichannel payments while offering analytics, loyalty, and working capital tools. Backed by investors including Fidelity Investments and Lone Pine Capital, Pine Labs continues to scale its payments and fintech capabilities globally.