Pine Labs Profit Jumps More Than Sixfold
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08:38:57 AM UTC
SquawkNews
Indian fintech firm Pine Labs NSE:PINELABS reported a more than sixfold jump in second-quarter profit on Thursday, buoyed by rising adoption of digital payment services, sending its shares up nearly 6%.More than 500 million people use the Unified Payments Interface (UPI) in India for transactions r…