Payment provider Findi lands licence for branded ATMs in India
Primrose RiordanSenior Reporter
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 into a trading halt on April 11. “The market is starting to understand the opportunity we have in India,” Nicholas Smedley, Findi’s chairman, said. “We have significant Australian-based funds investing in the company.”
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