Indian Digital Payments Fintech Pine Labs Is Now Valued at $2 Billion following New Investment Round  Crowdfund Insider. : Digital payments firm Pine Labs has reportedly secured $75-100 million through an investment round that was led by US-headquartered hedge fund Lone Pine Capital, which is known for financing established US businesses like Uber. Pine Labs is now valued at approimately $2 billion — a significant increase of more than 33% from its previous valuation of $1.5 billion back in January 2020. Earlier this year, Pine Labs had secured funding from Mastercard.