Baron Capital, Invesco bumps up Pine Labs’ valuation

US-based investment firms Baron Capital and Invesco have marked up the value of their respective investments in fintech unicorn Pine Labs. As per regulatory filings seen by Inc42, Baron Capital hiked the valuation of the startup to $5.8 Bn at the end of December 2023 from $5.3 Bn in September 2023, up 9.4%.