Finmo (now part of the Pine Labs Group)

Finmo, established in 2016, has been a pioneer in digital payment innovation within India. Our flagship product, DigiBharat, introduced a groundbreaking offline QR code solution, enabling users to execute direct bank payments via a simple scan leveraging UPI and BHARAT QR rails. This technology significantly empowered local merchants — including kirana shops, pharmacies, vegetable vendors, and restaurants — to seamlessly adopt cashless transactions. The evolution of Finmo has been marked by strategic growth and integration. Initially acquired by Benow, Finmo became an integral component of a comprehensive digital payment ecosystem. Benow subsequently merged with Mosambee, further broadening its operational scope and capabilities. Recently, Mosambee joined forces with Pine Labs Group, India's foremost digital retail payments platform. As part of the Pine Labs Group, (quondam) Finmo continues its mission to propel India towards a cashless economy with renewed vigor and enhanced resources.