Findi: Empowering Indias Financial Inclusion

Findi Limited (ASX: FND) supports India's National Mission for Financial Inclusion (NMFI) through digital banking, last-mile payments, and ATM solutions across India. They have a large market opportunity, with operations in 30 Indian States & Union Territories, serving institutions, businesses, and individuals. Findi's growth strategy includes consolidation, building a scalable platform, expanding their footprint, and focusing on digital operations. They aim to attract over 7 million daily customers and drive growth in transaction volume by FY25.

Findi's ATM Solutions division benefits from India's preference for cash transactions. Their FindiPay platform offers digital banking solutions and plans to establish physical stores to support financial inclusivity. In FY23, Findi achieved strong financial performance, including a 34.4% revenue increase and 127.9% growth in EBITDA. They plan to generate over $20 million in operating cash flows in FY24 and implement a dividend policy. With their experienced management team and position in the emerging Indian fintech market, Findi offers unique opportunities for investors seeking exposure to India's growing financial sector.

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