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    Analysis of Fino Paytech LTD.: Submitted by-ABHISARA

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    Rituparna Bhattacharjee
    Fino Paytech is an Indian fintech company that aims to promote financial inclusion among underbanked populations. It has a customer base of 47 million individuals across 25 states and partnerships with 27 banks, 15 government entities, and 4 insurance agencies. Fino Paytech provides an inclusive business model using point-of-transaction terminals, biometric smart cards, and mobile devices to enable low-cost financial transactions. This has resulted in 1,324% operating revenue growth and 56% CAGR since 2006 while benefiting both financial institutions and individuals through increased access to credit, employment opportunities, and other financial services.

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    Analysis of Fino Paytech LTD.: Submitted by-ABHISARA

    Uploaded by

    Rituparna Bhattacharjee
    94 views6 pages
    Fino Paytech is an Indian fintech company that aims to promote financial inclusion among underbanked populations. It has a customer base of 47 million individuals across 25 states and partnerships with 27 banks, 15 government entities, and 4 insurance agencies. Fino Paytech provides an inclusive business model using point-of-transaction terminals, biometric smart cards, and mobile devices to enable low-cost financial transactions. This has resulted in 1,324% operating revenue growth and 56% CAGR since 2006 while benefiting both financial institutions and individuals through increased access to credit, employment opportunities, and other financial services.

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    Overview of FinoPaytech

    Original Title

    FinoPaytech

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    Fino Paytech is an Indian fintech company that aims to promote financial inclusion among underbanked populations. It has a customer base of 47 million individuals across 25 states and partnerships with 27 banks, 15 government entities, and 4 insurance agencies. Fino Paytech provides an inclusive business model using point-of-transaction terminals, biometric smart cards, and mobile devices to enable low-cost financial transactions. This has resulted in 1,324% operating revenue growth and 56% CAGR since 2006 while benefiting both financial institutions and individuals through increased access to credit, employment opportunities, and other financial services.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    94 views6 pages

    Analysis of Fino Paytech LTD.: Submitted by-ABHISARA

    Uploaded by

    Rituparna Bhattacharjee
    Fino Paytech is an Indian fintech company that aims to promote financial inclusion among underbanked populations. It has a customer base of 47 million individuals across 25 states and partnerships with 27 banks, 15 government entities, and 4 insurance agencies. Fino Paytech provides an inclusive business model using point-of-transaction terminals, biometric smart cards, and mobile devices to enable low-cost financial transactions. This has resulted in 1,324% operating revenue growth and 56% CAGR since 2006 while benefiting both financial institutions and individuals through increased access to credit, employment opportunities, and other financial services.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 6

    ANALYSIS OF FINO PAYTECH LTD.

    Submitted by- ABHISARA


    FINO PAYTECH- AN OVERVIEW!

    Customer Base Investors


    Objective: To promote financial inclusion among under-
    16%-Corporation
    banked and excluded population
    Bank, Indian Bank,
    Base Location: Mumbai 4
    LIC and Union Bank
    Sector: Information and Communication Technologies Insurance
    Agencies of India
    Incubated by: ICICI 27 15
    Government Private investors -
    Banks Entities
    Primary Customers: Banks, Insurance companies, Govt. HSBC (25%), ICICI
    47
    Entities Group (25%), and
    Million
    End Beneficiaries: 47 million individual customers Individual IFMR Trust (1%).
    Customers
    International
    Coverage:1,852 different blocks in 399 districts of 25
    investors are IFC
    states in India
    (17%) and Intel (16%)
    THE FINO PAYTECH DRIVERS

    Market Potential

    Enable Financial Institutions to serve 600 Million Rural 41% of adult population is
    Indians
    unbanked
    Financial Remove barriers due to illiteracy, information
    Inclusion asymmetry, inadequate infrastructure 27% farmers have access to formal
    credit sources
    75% of the market is controlled by
    Manage the high cost relative to transaction size
    Technology to facilitate reliable and low cost financial informal money lenders
    Cost- transactions
    Effectives Non-credit related services are
    virtually non-existent in rural
    areas
    THE INCLUSIVE BUSINESS MODEL

    Product Suite Revenue Model

    Accounting & MIS Point-of-Transaction Charges rental to financial institutions


    System Terminals Biometric Smart Card
    for terminals
    To facilitate and Hand-held mobile
    To ensure Annual maintenance fees
    track transactions at devices that agents
    transactions are New card issuance fees
    the financial and customers use to
    secure at both ends
    institution conduct transactions Sale of point-of-transaction terminals
    Nominal charges for the remittance
    Salient Features product
    Saving Account balance check, Fund transfer, Deposit and withdrawal One time enrollment fees
    Access subsidies, payments, Govt. sponsored insurances and benefits End customers dont have to pay for
    Administer health insurance under the governments health insurance program any of the services except the
    for people below the poverty line
    remittance product.
    Send remittances from cash-to-smart card, card-to-bank, or card-to-card
    RESULTS & BENEFITS

    Results Benefits to Financial Institutions


    Lower Transaction Costs for Financial Institutions
    1324 % Operating Revenue Growth since 2006
    Increase Efficiency & Productivity
    56% CAGR fro 2006-2012
    Improve Transparency
    Client Base of 27 Banks, 15 Government Enables institutions to allocate resources better to scale up
    operations
    Entities, and 4 Insurance Agencies
    Customized products and Services
    47 Million individuals across 25 states have
    Benefits to People
    access to credit and non-credit related services Promote financial inclusion particularly in rural region

    29,480 point-of-transactions till date Access to formals loans as well as other financial services
    Employment generation- 2,753 direct employees, 29,480
    field agents, 30% women
    THANK YOU!

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