Company Interview / Findi focused on "enormous" market opportunities

Key points:

Findi targets India's 900M potential customers, expanding digital services.Plans for FY26 include achieving a $1 billion IPO valuation.Nicholas highlights Findi's strong net cash position and strategic acquisitions.

Nicholas Smedley, Executive Chairman of Findi (ASX: FND) sees a significant growth opportunity in India's expansive market, targeting a potential customer base of 900 million. The company's digital business currently services 750,000 customers monthly, with plans to expand through further strategic acquisitions and the enhancement of merchant networks.

Nicholas states that Findi maintains a strong net cash position, with $30 million capital raised. Focused exclusively on India, Findi aims to become a full-fledged payments bank and anticipates an IPO valuation of over $1 billion in FY26.