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The latest announcement is out from Findi ( (AU:FND) ).
Findi Limited has completed the acquisition of BankIT Services Pvt. Ltd, adding approximately 130,000 merchants across India and expanding its reach to a total of around 200,000 merchants nationwide. This acquisition marks a significant milestone for Findi, enhancing its infrastructure and cross-selling opportunities while positioning it as the only Pan-Indian ATM operator with a comprehensive digital business. The transaction, valued at A$30 million, is expected to accelerate Findi’s strategic objectives and diversify its revenue streams as it prepares for the IPO of its subsidiary, TSI India, in 2026.
More about Findi
Findi Limited is a digital payments and financial services provider, focusing on expanding its operations across India. The company offers a range of financial services and is working towards becoming a fully-fledged Payments Bank, with a particular emphasis on its White Label ATM strategy.
YTD Price Performance: -8.03%
Average Trading Volume: 476
Technical Sentiment Signal: Sell
Current Market Cap: €133.6M
Learn more about FND stock on TipRanks’ Stock Analysis page.
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