Pine Labs Limited has informed the Exchange regarding a press release dated January 26, 2026, titled "UAE's Wio Bank inks partnership with global fintech Pine Labs to modernise Merchant Acquiring Infrastructure".
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Awaiting price reaction for this filing.
Pine Labs has announced a partnership with Wio Bank, a digital bank based in the UAE. The collaboration aims to modernise Wio Bank's merchant acquiring infrastructure using Pine Labs' fintech platform. This expands Pine Labs' international footprint into the Middle East. The partnership is expected to help Wio Bank offer better payment services to its merchant customers in the region. Specific financial terms or deal value have not been disclosed.
Positive signal for Pine Labs as it expands into a new geography (UAE) and adds a banking partner, which could support future revenue growth. However, no immediate material financial impact since deal terms were not disclosed.