Merchant commerce platform Pine Labs acquired API infrastructure start-up Setu


Merchant commerce platform Pine Labs acquired Bengaluru-based API infrastructure start-up Setu. Pine Labs' third acquisition announcement this year.


Setu has seen significant demand for their products over the years, with their APIs being used by start-ups, retail businesses, banks, insurance companies, and loan organisations, among other industry verticals. Setu's current and future use cases include Aadhaar eSign, BBPS bill payment, payment collection integration through WhatsApp, FASTag payment collection, and more.

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