1 of 1
Story summary
- India’s fintech market is projected to grow from $50 billion in 2024 to $150 billion by 2028, led by digital payments.
- Pine Labs holds about 30% of the card acquiring market and serves far more offline merchants than online-only competitors.
- Revenues rose from INR1,500 crore to INR2,200 crore.
- Gross Transaction Value grew from INR4,397 billion in FY22 to INR11,434 billion in FY24.
