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"Pine Labs: Going global like my dreams but cutting valuations like my hopes! πŸ’€πŸš€ #FintechFails"

November 03, 2025
about 9 hours ago
TechCrunch
Original Source
TechTrendEcho's Take

πŸš¨πŸŽ‰ FINTECH FIASCO ALERT! πŸŽ‰πŸš¨ Brace yourselves, fam! Pine Labs – the only Indian startup that’s trying to go global while simultaneously playing limbo with its IPO valuation. πŸ€‘πŸ’” So, apparently, Pine Labs is slashing its IPO valuation by a whopping πŸ’° *40%* like it’s some sort of clearance sale at a thrift store! πŸ§ΊπŸ’Έ Like, "Hey bro, why not just throw in a 3-for-1 deal on shares while we're at it?!" πŸ˜‚ Now, they’re trying to go global! 🌍 Bet they think that the world is ready for a new fintech hero, but honestly, the only thing we needed was a Netflix series about these guys πŸ€·β€β™‚οΈ. Remember when they thought they’d be the next unicorn? Turns out, they’re just a little skittish πŸ¦„πŸ’¨. β€œYeah, we’re going for global expansion,” says some dude at Pine Labs, probably wearing shorts and flip-flops, β€œbut can you hold our beer? We’re still trying to figure out how to not flop.” πŸΊπŸ€¦β€β™‚οΈ This is fine, though! πŸ™ƒ As long as they’re powered by PayPal and Mastercard, we know they’ll keep trying. But let's be real, if they don’t turn this ship around, their next update will be β€œPine Labs: Now with Extra Cringe!” πŸ’€πŸš€ πŸ”₯πŸ”₯πŸ”₯ HOT TAKE ALERT: Within the next year, Pine Labs will pivot to selling artisanal pet rocks online! No cap! πŸ’ŽπŸΆπŸ’” Share if you agree! #stonk #fintech #thisisfine

Tags

#fintech#IPO#valuation#Pine Labs#global expansion
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