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The chief executive of Pine Labs, an Indian FinTech firm, says the company may go public in as little as a year because of opportunities in digital payments stanley cupe , Reuters reported.We are at a stage where we will want to look at an IPO option in the next 12 months ; time, Amrish Rau told Reuters in a virtual interview, the news service reported. In the next 18 months ; time, I see this onli stanley termoska ne business to be a $25 billion opportunity annually just for Pine Labs. We have an opportunity where we can potentially double our volumes in the next two-and-a-half years ; time.According to Reuters, Rau declined to specify the exchange on which the company was likely to list. The company is valued at about $3.5 billion and is backed by investors including Sequoia Capital, PayPal, Mastercard and Singapore Temasek.Pine Labs, which generates revenue of up to $35 billion annually, serves the hospitality, telecom and electronics sectors, among others. In its marketing materials, Pine Labs lists clients including Burger King, McDonald , Flipkart, Starbucks and Marks Spencer. After its founding in 1998, the company spent its first 10 years focused on smart-card systems for payments and loyalty programs, its website states. Eleven years later, we made our first forays into the world of mainstream payments, giving merchan stanley cup ts solutions and connecting them with banks and financial services,聽the company said.On Thursday Oct. Oljm Contactless Card Usage In Europe Exploding
Corporate travel caught headlines last year thanks to a surge in venture capital for innovators in the travel and expense management arena, as well as a rise in the use of on-demand travel services, like Uber, for business kubki stanley travelers.India is now a main stage in this sector thanks to the launch on Monday Jan. 11 of Ola Corporate. Ola provides consumers with an online car rental and taxi booking service, a top rival to Uber in the country.[bctt tweet=India is now a main stage in the corporate travel market.]Now, Ola is providing a service targeted towards the business traveler on the heels of Ubers 2014 debut of Uber for Business. According to reports, Ola Corporate provides business users with the same digital ride-booking services as its flagship platform, but also provides paperless billing services to streamline the expense management process. Co stanley quencher rporate managers can upload customized ride policies to ensure employees stay aligned with employer rules, reports add. With Ola Corporate, we are bringing the inherent benefits of Olas technology platform to simplify the way executives travel for business, at the click of a button on their Ola app, said Ola COO Pranay Jivrajka in a statement. The corporate dashboard allows for improved stanley cup efficiency and productivity for businesses, taking away the hassle of scheduling pickups and cumbersome billing and payment processes. The service聽is now live across 102 cities in India, reports said. Managers can also track employe |
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