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Fino Paytech

Blackstone-backed Fino Payments Bank's PAT up 75% in Q2

Finance

01 November, 2022

Blackstone-backed Fino Payments Bank's PAT up 75% in Q2

Mumbai-based Fino Payments Bank witnessed a rise of 74.7% in its net profit for the quarter-ended September (Q2FY23), to Rs ......

TPG-backed Manipal eyes back-door listing via Fortis; Three suitors for FINO stake

General

26 March, 2018

TPG-backed Manipal eyes back-door listing via Fortis; Three suitors for FINO stake

A consortium of private equity firm TPG and Manipal Health Enterprises Pvt. Ltd is looking to acquire hospital chain Fortis ......

ICICI Prudential, Lombard acquire 10% stake in Fino PayTech for $17.26 mn

General

11 January, 2017

ICICI Prudential, Lombard acquire 10% stake in Fino PayTech for $17.26 mn

Payments bank applicant FINO PayTech Ltd has closed Rs 400 crore in primary funding following the latest tranche of capital ......

FINO PayTech in talks with more investors to raise funds; explores acquisition

TMT

13 September, 2016

FINO PayTech in talks with more investors to raise funds; explores acquisition

Payment technology solutions provider FINO PayTech is in advanced talks with a few investors just after receiving a capital commitment ......

Why payment bank aspirants are getting cold feet

General

31 May, 2016

Why payment bank aspirants are getting cold feet

When the Reserve Bank of India (RBI) last year granted in-principle approval to 11 entities to start payment banks, the ......