Media & Research

Findi Limited has acquired Tata Communications Payments Solutions Ltd to rapidly expand its ATM network and financial services reach across India, strengthening its presence in underbanked regions while accelerating growth in the FindiPay ecosystem.

The $334 million payments provider Findi has had a ripper year. Shares are up 555.7 per cent this year (yep, that’s not a typo), Indian banks are showering it with new ATMs to run, and in the background is the Flannery family and Indian billionaire Ajay Piramal as supportive backers.

We expand our technology coverage with the initiation of Findi Limited (FND). FND is an ASX-listed fintech and one of the largest non-bank ATM operators in India, with a network of ~21k ATMs deployed across the country. Following a change of Board and corporate structure in late-2021, Findi has implemented an aggressive growth agenda; signing […]

Chairman of Findi Ltd – Nicholas Smedley, presents the FY25 Guidance & Market Update.

Small-cap fintech players Findi and OFX are marking one of their best days on the bourse with strong results triggering a double-digit jump in their share prices. Digital payments business Findi, which is working towards a Bombay Stock Exchange listing in India, is up 23 per cent to $3.74 in afternoon (AEST) trade. International money […]

Cash here is becoming like the orange-bellied parrot – highly endangered – despite the folding stuff continuing to be the preferred transactional means of many tradies and their customers. From this month, Macquarie Bank went completely cashless while Linfox Group’s cash-lugging Armaguard is struggling. But in India, cash rules the Raj, for cultural and practical […]

ASX-listed payment provider Findi, backed by the Flannery family, is set to gain a licence enabling it to splash its name on thousands of branded ATMs across India. The fintech junior’s stock is up 430 per cent over the past year and settled at $3.20, earning it a $168 million market cap, before it went […]

Findi has secured $37.6 million in fresh capital as it prepares subsidiary TSI India for a potential IPO, positioning the company to expand its footprint in one of the world’s fastest-growing payments markets.

Direct exposure to a global emerging market: Findi is the only Australian listed company that provides direct access to the emerging Indian fintech market, which services 1.4 bn people (~25% remain unbanked) and remains heavily dependent on cash transactions. Findi’s strong ATM network is highly cash generative and supports its digital services growth, diversifying the business. […]

Banyantree Investment Group investment manager and director Zach Riaz is bullish on India, telling us in part one of this series that the emerging market has just hit that US$2000 GDP per capita mark. “When China started to invite companies to take up the country’s manufacturing capabilities in 2006 that’s when its GDP per capita exceeded the […]

For many Australians, India conjures images of a land steeped in ancient history and vibrant culture, while the two nations share a long history of cricketing rivalries and camaraderie. Indian cuisine has made a significant impact on Australian palates, while India has also been growing its strategic position in the Indo-Pacific region and becoming more […]

Joseph Constable from H&G Investment Management highlights the potential in the world of microcaps amidst shifting interest rates. He discusses the past effects of zero-interest rates, but suggests that a market recalibration has occurred, and valuable opportunities now exist despite remaining uncertainties around inflation and potential recession. Joseph believes in the potential returns from companies […]