EconomyIndia’s Pine Labs profit jumps more than four-fold as digital payments adoption grows
Indian fintech company Pine Labs reported a more than four-fold rise in first-quarter profit on Tuesday. The company attributed the increase to broader adoption of digital payments and the infrastructure supporting them in India. The result highlights the financial impact of expanding digital-payment use for the firm.
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India’s Pine Labs profit jumps more than four-fold as digital payments adoption grows
Economy