Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Findi ( (AU:FND) ) has shared an announcement.
Findi Limited has secured a perpetual White Label ATM licence from the Reserve Bank of India, marking a significant milestone in its transition to a full-service digital bank. This perpetual licence allows Findi to operate indefinitely without the need for periodic renewals, enabling a streamlined regulatory process and facilitating long-term investment and expansion of its digital offerings. The company plans to expand its White Label services across India, focusing on financial inclusion for underbanked populations, particularly in regional areas.
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 digital banking industry. The company focuses on deploying and managing a network of White Label ATMs across India, aiming to enhance financial inclusion, particularly in underbanked regions. Findi processes over one billion transactions annually through its extensive network of branded ATMs and merchant outlets.
Average Trading Volume: 195,728
Technical Sentiment Signal: Buy
Current Market Cap: A$236.7M
Learn more about FND stock on TipRanks’ Stock Analysis page.