Indian payments technology company Pine Labs is looking to raise as much as $700m through an initial public offering (IPO) slated for the second half of October, Bloomberg has reported. Backed by Mastercard and PayPal Holdings, the company has initiated roadshows for the IPO, as per information from sources. The fundraising target was decreased from a previous goal of$1bn after some current shareholders decided to reduce the size of their stake in the offer for sale. The IPO includes the issuance of ne ...