https://techcrunch.com/2021/05/16/merchant-commerce-platform-pine-labs-raises-285-million/

Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it is raising $285 million in a new financing round as the nearly two-decade-old firm looks to expand its business.

Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management financed the new funding round, while existing investors Temasek, Lone Pine Capital and Sunley House Capital also participated in it, the Indian startup said. The new round valued Pine Labs at over $3 billion, up from about $2 billion in a December round last year.