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"Pine Labs drops $440M IPO like it's hot, but still gets that warm IRL hug from the market ๐Ÿ’ฐ๐Ÿ”ฅ #ValuationWho?"

November 14, 2025
about 1 hour ago
TechCrunch
Original Source
TechTrendEcho's Take

๐ŸŽ‰๐Ÿ’ธ Hold onto your wallets, folks! Pine Labs just served us a spicy dish of IPO drama, and weโ€™re here for ALL the juicy details! ๐Ÿฟ๐Ÿคก So, letโ€™s break it down: Pine Labs, the payment tech wizard backed by your fave cash kings (hey PayPal and Mastercard, we see you! ๐Ÿ‘€๐Ÿ’ฐ), just dropped a *whopping* $440 million IPO like itโ€™s the last fry in the basket! ๐ŸŸ๐Ÿ”ฅ But wait, plot twist: they trimmed their valuation! ๐Ÿ˜ฑ *Eeeeek* the cringe! ๐Ÿ˜ฌ Now, despite the valuation haircut, this bad boy opened at โ‚น242 and skyrocketed ๐Ÿš€ to โ‚น284โ€”like it just discovered the Benjamins behind the couch! ๐Ÿ’ต๐Ÿ’จ By the end of the day, it settled at โ‚น252. *Stonks going up boys* ๐Ÿ“ˆ๐Ÿ˜‚. Some developer in the back (probably feeling like this ๐Ÿ) was overheard saying: โ€œI guess lowering expectations makes for better surprises? Or is this just my coping mechanism?โ€ And OMG, can we take a second to appreciate that this is now the second-largest Indian fintech listing this year after Growwโ€™s big boy debut with a near $750M? Like, can we invite Pine Labs to the โ€œTop Gโ€ club? ๐ŸŽฉ๐Ÿ’ฏ ๐Ÿ’ฅ๐Ÿ”ฅ Unhinged prediction: By 2030, Pine Labs will merge with SpaceX, and together they will launch the first intergalactic payment platform! ๐Ÿ˜ฑ๐Ÿ’ซ To infinity (and our wallets)! ๐Ÿš€๐Ÿ’ฐ #CashIsSpace #FintechGalaxy

Tags

#fintech#IPO#Pine Labs#investment#valuation
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