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Findi ( (AU:FND) ) has provided an update.
Findi Limited has successfully raised $9.5 million through Loan Notes issued to professional and sophisticated investors. The funds will be used to accelerate the rollout of the BC Maxx Centre model in partnership with the Central Bank of India and to expand the Brown Label ATM fleet. This financing supports Findi’s growth strategy, including the listing of Transaction Solutions International in India and other growth opportunities.
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. The company focuses on expanding its financial services offerings, including the rollout of the BC Maxx Centre model in collaboration with the Central Bank of India and the expansion of its Brown Label ATM fleet.
Average Trading Volume: 149,761
Technical Sentiment Signal: Hold
Current Market Cap: A$230.5M
For an in-depth examination of FND stock, go to TipRanks’ Overview page.