Fave Singapore, operating under the registered entity name Beeconomic Singapore Pte. Ltd. and part of the Pine Labs group today announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) Licence to offer account… Read More
Fave, a consumer fintech platform in Southeast Asia and India, has announced its participation in the SGQR+ POC led by the Monetary Authority of Singapore (MAS). The SGQR+ POC will be limited “to Districts 16 and 17 of Singapore and showcased during the Singapore FinTech… Read More
Today, merchant commerce platform Pine Labs announced a $50 million investment from Vitruvian Partners, a London-headquartered international investment firm. Incorporated in Singapore, Pine Labs’ key investors include Sequoia India, Actis Capital, Temasek, PayPal and Mastercard. Pine Labs serves large, mid-sized and small merchants across India… Read More
Pine Labs, a merchant commerce platform serving merchants in India and Southeast Asia, today announced a partnership with Standard Chartered Malaysia. Standard Chartered’s customers in Malaysia can now access interest-free installment options on credit cards at any offline point-of-sale system powered by Pine Labs. The… Read More
Southeast Asia-based Fave, a fast-growing Fintech firm, has introduced its Buy Now, Pay Later (BNPL) service for Singapore and Malaysian markets, offering more than 6 million Fave users with instant access to interest-free credit options. These flexible payment options are available at more than 40,000… Read More
Payments solution provider Fave has reportedly been acquired by Pine Labs, an Asian commerce platform. The acquistion deal is deal valued at more than RM 185 million (appr. $45 million). With this strategic acquisition, Indian consumers may now use the Fave app at some point… Read More
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