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Detailed stories on technology startups, business and economic current affairs.
The PoS terminal company built a strong, profitable business over more than a decade, and has now remade itself in search of a public listing.

A card payments processor more than two decades old is soon approaching the public markets as a sprightly fintech startup.
Pine Labs could very well be the first Indian fintech company to list abroad. After taking over in March 2020, the company’s chief executive officer Amrish Rau has been on a war footing to restructure the management team and raise capital. A little over three weeks ago, he announced the close of a $600 million fundraise, from asset managers and funds such as Fidelity and BlackRock, as well as existing investors like Sequoia Capital, Temasek and Mastercard.
The round valued …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.