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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.
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Chris Steptoe of DMX Asset Management tells why Findi Ltd (ASX: FND) could be a buy today. Is Findi share price undervalued?
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Chris Steptoe of DMX Asset Management tells why Findi Ltd (ASX: FND) could be a buy today. Is Findi share price undervalued?
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