Pine Labs appoints Jayaram Karthik as chief operations officer

Karthik will lead operations and merchant experiences across Pine Labs’ India and international markets as the fintech platform builds technology-enabled operating models for its next phase of growth.

— Source publishedWed, 2 Sept, 2026, 18:40 IST·First seen Wed, 2 Sept, 2026, 18:48 IST·Source YourStory

What happened

Pine Labs appointed Jayaram Karthik as chief operations officer to lead operations and merchant experiences across India and international markets, supporting

Key facts

  • over 25 years of experience

Why this matters

The COO hire suggests Pine Labs is strengthening merchant-facing and cross-border operating capabilities, potentially improving its readiness for partnerships and expansion.

What to watch

  • New COO-led leadership hires or changes in regional operations reporting lines.
  • Disclosure of merchant activation, retention, service-level or operating-cost improvement targets.
  • Expansion of automated onboarding, self-service merchant tools or centralized support platforms.
  • New market launches or deeper partnerships requiring localized merchant operations.
  • Evidence of reduced device/service turnaround times or improved merchant net promoter scores.
  • Reorganize merchant operations, customer support and field-service teams under the COO remit.
  • Introduce common operating KPIs across India and international businesses, including merchant activation time, device uptime, settlement quality and support resolution.
  • Increase automation in merchant onboarding, risk checks, device lifecycle management and service workflows.
  • Review country-level operating models and potentially add regional operations leaders in priority international markets.
  • Tie product, payments, lending and merchant-success teams more tightly around lifecycle ownership.

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