We are in the first month of 2020 and it looks the first unicorn of the year is here. The unicorn club — startups with valuation of $1 billion — has a new member and its Pine Labs. The Point-of-Sales service provider has received close to $100-150 million from Mastercard in the latest round of funding. The official figures weren’t disclosed by either of the companies. As per multiple reports, this investment will push Pine Labs’ valuation to $1.5 billion, making it the first unicorn of 2020. Here are 9 things to know about the deal and how Pine Labs become a unicorn