Pine Labs, a company backed by PayPal (PYPL) and Mastercard (MA), intends to raise as much as $439M through an IPO in Mumbai, Rajesh Mascarenhas of Bloomberg reports.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL:
- PayPal, Coca-Cola, Oracle, GM, P&G: Stock Moves Unveiled!
- Affirm Lands $750M Deal with New York Life despite Shaky Lending Environment
- Mixed options sentiment in PayPal with shareslittle changed
- PayPal’s Stock Buyback and Dividend Strategies: Potential Risks and Investor Implications
- Verizon Stock (VZ) Ignores Mixed Q3; CEO Says Telco ‘Falling Short’ of Potential