Setu’s APIs and software is used by hundreds of businesses to reimagine onboarding, payments, deposits, lending, and data empowerment for their end customers. --------- We’re hiring for multiple roles! Check out setu.co/careers to know more!
Location: India, Karnataka, Sada, Karnataka
Employees: 51-200
Total raised: $15M
Founded date: 2018
Investors 2
| Date | Name | Website |
| - | Lightspeed... | lsvp.com |
| - | Alpha Wave... | alphawaveg... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 15.04.2020 | Series A | $15M | - |
Mentions in press and media 18
| Date | Title | Description |
| 25.07.2025 | Pine Lab’s Setu Bulks Up Leadership, Ropes In Ex-Razorpay Executive As CTO | SUMMARY The company has strengthened its leadership team with a host of appointments from fintech majors, including Razorpay, PhonePe and Wibmo Founded in 2018 by Sahil Kini and Nikhil Kumar, Setu is an application programming interface (AP... |
| 29.08.2024 | Pine Labs, Visa launch sound device for digital payments | Visa, a leading digital payments services company, is partnering with fintech company Pine Labs to scale up digital payments acceptance across the country. The partnership aims to upgrade the in-store payment experience of millions of merch... |
| 28.08.2024 | Pine Labs Launches Soundbox Device For Merchants To Accept Mobile & Card Payments | SUMMARY Dubbed ‘Pine Labs Mini’, the soundbox-enabled device allows merchants to accept both mobile and card payments across the Visa, Mastercard, American Express and RuPay networks The device has a built-in ‘tap and pay’ feature through w... |
| 31.07.2024 | API infrastructure platform M2P Fintech to raise $80 M at $900 M valuation: Report | According to three sources with knowledge of the situation, M2P Fintech (formerly Yap), an application programming interface (API) infrastructure platform, is nearing completion to secure a fresh funding round from both new and current inve... |
| 07.05.2024 | Pine Labs-Owned Setu Partners SarvamAI To Build LLM For Financial Services | SUMMARY Called Sesame, the LLM has been developed in collaboration with SarvamAI, and has been trained on custom local data relevant to the sector The model leverages internal company data to help enterprises improve processes such as credi... |
| 25.04.2024 | API Infrastructure Fintech Setu Appoints Anand Raisinghani as CEO | API infrastructure Fintech Setu has announced the appointment of Anand Raisinghani as its new CEO. Anand is said to vast experience in “building high-performance teams and joins at a time when consent-based structured data sharing via the A... |
| 23.04.2024 | Pine Labs’ Setu appoints former SAP India VP Anand Raisinghani as CEO | Setu,an API infrastructure company, has appointed Anand Raisinghani as its new CEO. Prior to joining Pine Labs’ controlled Setu, Raisinghani was the Vice President and Head (Professional Services), BFSI, Telecom, and Media, at SAP India. He... |
| 22.04.2024 | Pine Labs' Setu names former SAP India executive Raisinghani as its CEO | - |
| 26.06.2022 | Indian unicorn Pine Labs buys fintech firm in up to $75m deal | AcquisitionsFintechInvestmentsNewsStartups Deepti Sri · 27 Jun 2022 · 2 min readIndian unicorn Pine Labs buys fintech firm in up to $75m deal India-based merchant platform Pine Labs has acquired fintech infrastructure provider Setu in a cas... |
| 15.04.2020 | Setu raises $15M to help developers connect with banks to offer Indians ‘sachet-sized’ financial products | India’s push to digital payments in the last three years has seen tens of millions of people get comfortable with exchanging money online for the first time. But most businesses in the country are still offline and relying on traditional wa... |
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