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The Navi Mumbai-based fintech company Fino Payments Bank will be the first payments bank to get listed on the stock exchanges, that too while making profits. Initial public offering (IPO ...
Fino Payments Bank Ltd (BOM:543386) reported a strong year-on-year revenue growth of 25%, demonstrating the resilience of its business model. The company achieved a 22% increase in EBITDA and a 26 ...
the company rebranded itself to Fino Fintech Private Limited in 2015. The company was granted in-principle approval by the Reserve Bank of India (RBI) to establish a payments bank the same year.