5 December 2023
Chris Steptoe of DMX Asset Management tells why Findi Ltd (ASX: FND) could be a buy today. Is Findi share price undervalued?
While most economies are turning their backs on cash, India is increasing the number of ATMs, and cash usage is on the rise.
Cash is deeply embedded in their culture due to unique factors, such as the number of unbanked individuals.
Even with the growth of e-commerce, more than 50% of e-commerce transactions are paid by cash on delivery. At the same time, banks are outsourcing their ATM operations, providing opportunities for operators such as Findi Ltd.
Findi carves out $75m unit from India’s Tata
The $334million payments provider Findi has had a ripper year. … Continued
Growing, profitable and catalyst rich – initiate at BUY
We expand our technology coverage with the initiation of Findi … Continued
Payment provider Findi lands licence for branded ATMs in India
ASX-listed payment provider Findi, backed by the Flannery family, is … Continued
March of the small-cap fintechs
Small-cap fintech players Findi and OFX are marking one of … Continued
CRITERION: Who’s cashing in on cashing out in India?
Cash here is becoming like the orange-bellied parrot – highly … Continued
Payment provider Findi lands licence for branded ATMs in India
ASX-listed payment provider Findi, backed by Wilson Asset Management and … Continued
Cash Still King; Digital on the Rise
Need to know Listed exposure to growing Indian fintech market … Continued