Pine Labs, a company set for an IPO, hires a previous executive from Avendus as their new Chief Financial Officer.
Pine Labs Appoints Seasoned Financial Expert as CFO Ahead of Anticipated IPO
Pine Labs, a leading fintech company offering full-stack payment solutions, has appointed Sameer Kamath as its next Chief Financial Officer (CFO). With over 25 years of experience in finance strategy roles, Kamath is set to bring his vast expertise to the company as it prepares for its initial public offering (IPO).
Kamath joins Pine Labs from Avendus Capital, where he served as the group CFO. Prior to that, he spent a significant part of his career at Motilal Oswal, holding the position of director and group chief financial advisor. In his new role at Pine Labs, Kamath will be responsible for the company's global finance strategy, accounting, investor relations, and providing overall financial leadership across the Pine Labs group.
Pine Labs is an IPO-bound company, and the appointment of Kamath comes at an opportune time. The company is aiming for a valuation of up to $6 billion in its IPO, which is expected to be worth approximately $1 billion. The proceeds from the IPO will be used to invest in overseas units, pare down debt, and develop technology to further enhance Pine Labs' offerings.
Kamath's financial leadership will be crucial during this transition. As Pine Labs positions itself for this significant capital market event, Kamath's expertise in managing investor relations and financial strategy will undoubtedly play a key role in the IPO process.
With Kamath's appointment, Pine Labs is poised to make a strong impact in the fintech industry. As the company continues to grow and evolve, it is clear that Kamath's extensive experience and strategic insights will be invaluable in navigating the challenges and opportunities that lie ahead.
[1] Pine Labs Press Release, 2025. [3] Pine Labs Official Website, 2025.
- In his new role at Pine Labs, Kamath will focus on the company's finance strategy, accounting, and investor relations, ensuring the successful execution of its anticipated Initial Public Offering (IPO).
- The funds raised from Pine Labs' IPO will be utilized for investing in overseas units, reducing debt, and developing advanced technology to improve their payment solutions offerings, marking a significant phase in the company's business expansion.
