Findi Limited has secured an agreement with Central Bank of India to operate co-branded banking correspondent locations called 'BC Max' Centres, starting with 25 pilot sites.
These centres will offer a full ecosystem of banking, ATM, and merchant services, transforming into one-stop banking hubs with extended hours and enhanced accessibility.
Findi will generate assured revenue from each location and receive fees for banking transactions across all CBI products and services offered.
The company aims to expand its 38,000-strong merchant network, deploy 4,000 organic ATMs in FY25, and pursue acquisitions in both ATM and merchant markets to drive growth without additional capital requirements.
ASX Code: FND