Fino Paytech Share Price

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• FINO PayTech Limited ("Fino") offers to design and implement technology solutions for banks, microfinance institutions (MFIs), insurance companies, government entities, and consultants in India. The Group includes a Non-Banking Financial Company - Non-Deposit Accepting or Holding Company ('NBFC-ND') registered with the Reserve Bank of India ('RBI'). 
• The Group has identified four reportable business segments viz. Corporate Business, Lending, Retail, and Others. (i) Corporate business includes customer acquisition on behalf of other banks and servicing them through the BC network. (ii) Lending includes the distribution of small ticket-size loans to SHGs in rural areas and operating for our NBFC and as BCs to other NBFCs/ banks. It is engaged in providing finance to poor women in rural areas of India who are organized as Joint Liability Groups ('JLG'). The Group services institutions like banks, microfinance institutions, government entities, and insurance companies (iii) Retail includes account opening (CASA), banking transactions, remittance, and sale of other financial products like insurance, mutual fund, etc. through branch networks and merchant channels. (iv) Others consist of residuary incomes such as grants and Interest on Income tax refunds. The company also offers credit scoring, third-party verification, risk management, core banking, and business correspondent services, as well as an electronic banking technology payment platform.
• Its products include FINO Tijori, a biometric smart card based no frills saving account product that enables banks/MFIs to offer financial products, such as loans, remittance, and insurance to their customers by issuing multi-application smart cards; FINOSaral, an end-to-end loan management solution that enables each branch of the bank/MFI to reach out to a large number of loan applicants and process the loan applications; and FINO Tatkaal, which provides a technology platform and processing capabilities for remittance transaction. 
• Fino has a tie-up with commercial banks to sell their financial products like mutual funds, and insurance, to get other income.
• Fino Paytech has developed applications to acquire micro-customer and prepares biometric products for enrollment, storage, and verification. The company also takes care of the day-to-day management of operations.
• Founded on July 13, 2006, is headquartered at Mumbai, Fino Paytech is an institutional investor-driven company owned by international and Indian investors.
• Founder Mr. Khera has been honored and recognized as “Young Global Leader of 2011” by World Economic Forum and he has received praise for his role as one of the thought leaders in the financial inclusion and microfinance space in India.
  
  
• *Note - The company's valuation is based solely on its equity shares, as information regarding the issuance, pricing, and conversion rate of preference shares is not available in the annual reports or PAS documents.