India’s Fino Payments Bank boasts over 10 million users across the country. Like many digital banks, it offers services like digital payments, savings accounts, and remittances. It’s also the largest issuer of “micro-ATMs”: a portable terminal used to dispense cash in locations without a traditional ATM. The service is part of the bank’s focus on bringing financial services to small businesses and low-income households in underserved areas. Fino Payments Bank has been profitable since 2020.
- Company Information
- Fintech Innovators Asia
- Updated:11/6/24
- Country/Territory:India
- Headquarters:Mumbai
- Industry:Commercial Banks
- CEO:Rishi Gupta
- Website:https://www.finobank.com
- Ticker:
- Company type:Public
- Revenues ($M):$199
- Profits ($M):$11
- Market value ($M):$359
- Number of employees:2,682
Figures are for the latest twelve months ended Sep. 30, 2024. Market value as of October 28, 2024. Source: S&P Global.
- Category:Digital Banks
- Rank within category:13
Fino Payments Bank in Fortune Rankings
- Fintech Innovators Asia