3 June 2024
![](https://findi.co/app/uploads/2024/06/shutterstock_11981992-1140x809.jpg)
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 transfer business OFX has gained 12.4 per cent to $1.91.
Earlier on Tuesday, Findi reported a 22 per cent jump in FY24 revenue to $66.5m, driven by the strong performance of the core ATM business and continued growth of FindiPay’s merchant network. Earnings before interest, tax, depreciation and amortisation is up 63 per cent to $27.4m and the group booked a profit of $4m, compared to its $2.4m result in FY23.
OFX delivered results in line with guidance with its full year net operating income of $227.5m, up 6.3 per cent on the prior corresponding period, with underlying EBITDA of $64.6m, a 3.4 per cent gain.
![shutterstock_73804159 shutterstock_73804159](https://findi.co/app/uploads/2024/06/shutterstock_73804159.jpg)
Payment provider Findi lands licence for branded ATMs in India
ASX-listed payment provider Findi, backed by the Flannery family, is … Continued
![shutterstock_11981992 shutterstock_11981992](https://findi.co/app/uploads/2024/06/shutterstock_11981992.jpg)
March of the small-cap fintechs
Small-cap fintech players Findi and OFX are marking one of … Continued
![findi-atms-india-640x360 findi-atms-india-640x360](https://findi.co/app/uploads/2024/06/findi-atms-india-640x360-1.webp)
CRITERION: Who’s cashing in on cashing out in India?
Cash here is becoming like the orange-bellied parrot – highly … Continued
![business modern business center in hongkong](https://findi.co/app/uploads/2024/04/iStock-486481014_smaller.jpg)
Payment provider Findi lands licence for branded ATMs in India
ASX-listed payment provider Findi, backed by Wilson Asset Management and … Continued
![iStock_000042827030_XXXLarge-min iStock_000042827030_XXXLarge-min](https://findi.co/app/uploads/2024/01/iStock_000042827030_XXXLarge-min.jpg)
Cash Still King; Digital on the Rise
Need to know Listed exposure to growing Indian fintech market … Continued
![India-1-1536x864 India-1-1536x864](https://findi.co/app/uploads/2024/02/India-1-1536x864-1.jpeg)
‘India is where China was in 2006’ – Here are Banyantree’s top three India-focused stocks
Banyantree says HDFC is one India’s largest banks and will … Continued
![India-e1705825480656-1536x864 India-e1705825480656-1536x864](https://findi.co/app/uploads/2024/02/India-e1705825480656-1536x864-1.jpeg)
The new Middle Kingdom – Why Banyantree thinks India is like China in 2006
Banyantree Investment Group growth says India has all the elements … Continued