Findi Seeks Shareholder Approval for $72M Nova Investment as ATM Use Surges 18%
Findi is an innovative fintech company focused on revolutionizing digital payments and financial services in India, particularly targeting underserved rural and regional populations. By leveraging mobile technology and an extensive network of over 14,000 independent ATMs, the company is playing a crucial role in driving financial inclusion across the world’s largest developing market, enabling approximately 1 billion transactions annually through 160,000 digital payment locations.
The company operates through three key service areas: Payments & Digital Banking, Findi ATM Network, and Bank ATM Network. Their comprehensive ecosystem provides last-mile financial solutions including banking and insurance services, utility payments, money transfers, e-commerce transactions, and ticket bookings. By creating integrated financial service hubs, Findi is bridging the gap between traditional cash economies and emerging digital markets, making financial services more accessible to millions of underbanked Indians.
As an Australian-listed company with significant operations in India, Findi is at the forefront of technological and economic transformation. Their strategic approach involves acquiring complementary businesses, such as recent acquisitions of BankIT and a unit from Tata Communications Payments Solutions, which has positioned them as a preferred service provider to leading Indian banks. By combining international investment with localized digital payment solutions, Findi is not just a financial service provider, but a catalyst for economic growth and financial empowerment in South Asia.
Join +20,000 subscribers receiving alerts.
Join thousands of investors who rely on StockWire X for timely, accurate market intelligence.
StockWire X delivers fast, reliable, and actionable insights into significant developments across global markets, with coverage spanning technology, biotechnology, healthcare, financials, and emerging industries. Our mission is to provide clear, data-driven content that empowers investors to identify opportunities and make informed decisions ahead of the market.
Our network spans key financial and investment hubs worldwide, ensuring subscribers receive timely updates on market-moving announcements, news, macroeconomic trends, and corporate developments.
Use of Technology
We harness advanced technologies to enhance the speed, accuracy, and relevance of our reporting.
While technology accelerates our workflow, every piece of content is selected, validated, and published by human professionals, in accordance with best practices for accuracy, transparency, and investor value. This hybrid approach ensures speed without compromising editorial integrity.
Feedback and Accuracy
We are committed to accuracy and fairness in our reporting. If you believe any information we have published is inaccurate, incomplete, or misleading, please contact us at admin@stockwirex.com so we can review and address the matter promptly.
StockWire X provides readers with access to market news, educational content, and commentary from financial services professionals, industry experts, and companies (“Contributors”).
StockWire X does not hold an Australian Financial Services Licence (AFSL) and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) in respect of any financial product advice provided.
Any advice or information published by StockWire X is general in nature only and has been prepared without taking into account your personal objectives, financial situation, or needs. Before acting on any information, you should consider whether it is appropriate for your circumstances and seek independent, licensed financial advice. You should also obtain and read any relevant Product Disclosure Statement (PDS) or other offer document before making an investment decision.
StockWire X makes no guarantee as to the accuracy, completeness, or timeliness of the information provided, and accepts no responsibility for any loss arising from reliance on it. All content is published in good faith for informational purposes only.
StockWire X may have commercial relationships with some contributors or companies mentioned in our content. Any such relationships will be disclosed where relevant.
If you believe any information we have published is inaccurate, incomplete, or misleading, please contact us at admin@stockwirex.com so we can review and address the matter promptly.
