Canonical URL: https://giftcard.news/industry-deals/mastercard-invests-in-pine-labs-as-stored-value-partnership-expands-d587647675b5/ --- description: The January 2020 agreement combined merchant payments, installment financing and digital gift capabilities. title: Mastercard invests in Pine Labs as stored-value partnership expands image: https://giftcard.news/images/social/v1/mastercard-invests-pine-labs-stored-value-partnership-expands-c53ceac7a5fe151d0bec33c584f57754.jpg --- 1. [Home](https://giftcard.news/) 2. [Industry Deals](https://giftcard.news/industry-deals/) # Mastercard invests in Pine Labs as stored-value partnership expands The January 2020 agreement combined merchant payments, installment financing and digital gift capabilities. By [Oliver Reed](https://giftcard.news/author/oliver-reed/) January 24, 2020 1 min read Share [ ](https://x.com/intent/post?url=https%3A%2F%2Fgiftcard.news%2Findustry-deals%2Fmastercard-invests-in-pine-labs-as-stored-value-partnership-expands-d587647675b5%2F%3Futm%5Fsource%3Dx%26utm%5Fmedium%3Dsocial&text=Mastercard%20invests%20in%20Pine%20Labs%20as%20stored-value%20partnership%20expands "X") [ ](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fgiftcard.news%2Findustry-deals%2Fmastercard-invests-in-pine-labs-as-stored-value-partnership-expands-d587647675b5%2F%3Futm%5Fsource%3Dlinkedin%26utm%5Fmedium%3Dsocial "LinkedIn") [ ](https://wa.me/?text=Mastercard%20invests%20in%20Pine%20Labs%20as%20stored-value%20partnership%20expands%20https%3A%2F%2Fgiftcard.news%2Findustry-deals%2Fmastercard-invests-in-pine-labs-as-stored-value-partnership-expands-d587647675b5%2F%3Futm%5Fsource%3Dwhatsapp%26utm%5Fmedium%3Dsocial "WhatsApp") ![Mastercard logo from the original source article](https://giftcard.news/images/variants/v1/mastercard-invests-pine-labs-stored-value-partnership-expands-logo-original-source-article-w1200.webp) Photo: Source: newsroom.mastercard.com [Pine Labs](https://giftcard.news/company/pine-labs/) announced an investment from [Mastercard](https://giftcard.news/company/mastercard/) on January 24, 2020, alongside a partnership covering electronic payments and installment financing. The companies did not disclose the financial terms of the investment. The collaboration included stored-value services intended to replace paper-based arrangements used by businesses, retailers and consumers. Pine Labs' platform issued, processed and distributed digital gift cards for corporate customers, alongside payment acceptance and consumer-credit tools. At the time, Pine Labs reported processing approximately $30 billion in payments annually and serving around 140,000 merchants through about 450,000 network points. Its operations covered India, Southeast Asia and the Middle East. The partners planned to combine Pine Labs' merchant technology with Mastercard's network and infrastructure, supporting installment options at online and physical checkouts. Pine Labs worked with financial institutions involved in designing and providing that financing. The announcement documented the partnership's scope and company-reported scale in January 2020. ## Sources and documents ExpandCollapse * [Mastercard invests in Pine Labs as stored-value partnership expands](https://newsroom.mastercard.com/news/press/2020/january/pine-labs-announces-investment-from-mastercard/?utm%5Fsource=giftcard.news) — newsroom.mastercard.com ## In this article ### Companies * [Mastercard](https://giftcard.news/company/mastercard/) * [Pine Labs](https://giftcard.news/company/pine-labs/) Share [ ](https://x.com/intent/post?url=https%3A%2F%2Fgiftcard.news%2Findustry-deals%2Fmastercard-invests-in-pine-labs-as-stored-value-partnership-expands-d587647675b5%2F%3Futm%5Fsource%3Dx%26utm%5Fmedium%3Dsocial&text=Mastercard%20invests%20in%20Pine%20Labs%20as%20stored-value%20partnership%20expands "X") [ ](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fgiftcard.news%2Findustry-deals%2Fmastercard-invests-in-pine-labs-as-stored-value-partnership-expands-d587647675b5%2F%3Futm%5Fsource%3Dlinkedin%26utm%5Fmedium%3Dsocial "LinkedIn") [ ](https://wa.me/?text=Mastercard%20invests%20in%20Pine%20Labs%20as%20stored-value%20partnership%20expands%20https%3A%2F%2Fgiftcard.news%2Findustry-deals%2Fmastercard-invests-in-pine-labs-as-stored-value-partnership-expands-d587647675b5%2F%3Futm%5Fsource%3Dwhatsapp%26utm%5Fmedium%3Dsocial "WhatsApp") ![Portrait of Oliver Reed](https://giftcard.news/images/variants/v1/oliver-reed-editorial-portrait-w320.webp) About the author ## [Oliver Reed](https://giftcard.news/author/oliver-reed/) Journalist — Industry Deals & Research Oliver Reed covers industry acquisitions, investment and market research for Gift Card News. From reading to building ## Your next move in gift cards. Tell us what you’re building. We’ll help you explore suitable providers. [Find a provider ](https://giftcard.news/find-a-provider/) ## Related articles [Industry Deals](https://giftcard.news/industry-deals/) News ### [Bilt Acquires Livly Technology to Connect Residential Services and Rewards](https://giftcard.news/industry-deals/bilt-acquires-livly-technology-residential-services-rewards/) [Oliver Reed](https://giftcard.news/author/oliver-reed/) September 15, 2026 2 min [Industry Deals](https://giftcard.news/industry-deals/) News ### [Tillo Acquires Amilon to Expand International Gift Card Distribution](https://giftcard.news/industry-deals/tillo-acquires-amilon-to-establish-transatlantic-leadership-in-rewards-i-e4490e17fbd5/) [Daniel Brooks](https://giftcard.news/author/daniel-brooks/) September 8, 2026 2 min [Industry Deals](https://giftcard.news/industry-deals/) News ### [Giftbit reports GiftCertificates.ca bulk gift card ordering closure 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