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Findi ( (AU:FND) ) just unveiled an update.
Findi Limited has successfully completed a pilot program for its BC Max Centres in partnership with the Central Bank of India, marking a significant milestone in its strategy to expand its banking presence across India. The company is now commencing a national rollout, initially expanding to 76 new locations with plans for further expansion. This rollout is expected to generate significant revenue and EBITDA over the next three years, with a strong internal rate of return. The initiative supports Findi’s broader strategy to enhance transaction volumes and create a sustainable revenue model, with opportunities for further partnerships with other major Indian banks.
The most recent analyst rating on (AU:FND) stock is a Buy with a A$7.17 price target. To see the full list of analyst forecasts on Findi stock, see the AU:FND Stock Forecast page.
More about Findi
Findi Limited is a digital payments and financial services provider operating in the Indian market. The company focuses on expanding its digital and branch-like banking presence, offering integrated financial infrastructure through its FindiPay platform and BC Max Centres.
Average Trading Volume: 152,040
Technical Sentiment Signal: Hold
Current Market Cap: A$231.8M
For a thorough assessment of FND stock, go to TipRanks’ Stock Analysis page.