Pine Labs-owned fintech infra co. Setu to acquire 100% stake in account aggregator Agya Tech

Fintech infrastructure arm Setu (BrokenTusk Technologies Pvt Ltd), owned by Pine Labs, is to acquire a 100% stake in Bengaluru-based Agya Technologies Pvt Ltd.Pine Labs currently holds approximately 25% of Agya Technologies, with the acquisition of the remaining stake planned for the near term, potentially in multiple tranches.