Go Back

FINO PAYMENTS BANK LIMITED

Fino Payments Bank

L65100MH2007PLC171959

Get Comprehensive Report

₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees5186
  • Founded Year 2017
  • Company StagePublic Limited Company
  • Total Funding₹157.5 Cr
  • Industry

  • Headquarter
  • Company StatusListed
About Fino Payments Bank

Fino Payments Bank the Digital Banking Partner for millions of Indians. Their phygital network comprises 8 lakh+ merchant enabled banking outlets covering 90% of India’s districts, making them truly India’s very own Local National Bank.

Business Model

Fino Payments Bank provides financial services, offering savings and current accounts, remittance services, and digital payments through an agent network. The platform includes a mobile banking app for instant account opening, digital payments, bill payments, and cashback rewards. It also facilitates loans and insurance through partnerships with other financial institutions.

Top Competitors
AP
Airtel Payments BankU65100DL2010PLC201058
IP
India Post Payments BankU74999DL2016GOI304561
JP
Jio Payments BankU65999MH2016PLC287584
Fino Payments Bank Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹157.5 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Intel Capital, IFC
Note:

The valuation mentioned above is the market capitalization of the company as on Nov 18,2024.

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Fino Payments Bank Financial Details
Financial Highlights
FY 2023-24 Revenue₹1,478.38 Cr
FY 2023-24 Expenses₹1,391.52 Cr
FY 2023-24 Profit/Loss₹86.22 Cr
Net Cash Flow From Operations₹56.78 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Fino Payments Bank Key People
People Metrics
Current Core Team3
Board Members/Directors8

Core Team

RG
Rishi Gupta CEO
KM
Ketan Merchant CFO
AA
Ashish AhujaCOO

Board Members/Directors

RG
Rishi Gupta Managing Director
RK
Rajat Kumar Jain Director
RB
Rakesh Bhartia Director
DA
Deena Asit Mehta Director
NM
Neeta Mukerji Director
AS
Anita Sudhir Pai Director
PR
Prateek Roongta Nominee Director
PK
Pankaj Kumar Nominee Director
Fino Payments Bank Documents

AY - 2021-22

Profit and loss statement - Fino Payments Bank - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Fino Payments Bank for FY 2021-22
₹249.00 ₹498.00
Balance sheet - Fino Payments Bank - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Fino Payments Bank for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Fino Payments Bank - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Fino Payments Bank for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Fino Payments Bank - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Fino Payments Bank for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Fino Payments Bank - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Fino Payments Bank for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Fino Payments Bank - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Fino Payments Bank for FY 2023-24
₹249.00 ₹498.00

Subscribe to our newsletter to stay updated

Weekly Funding Reports
Funding Report
Weekly Funding Report [ Feb 17- Feb 22]
Montly Funding Reports
Funding Report
Indian startups raise $1.76 Bn in January

Get your Customised Report

With an exclusive 20% off on your order

Latest Industry Reports
Industry Report
HealthTech’s Rebound: After a Downturn, HealthTech...