{
Bankit Services Ltd.

Companies

}
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001122334455554433221100

Australian fintech firm expands in India with 19 million dollar Bankit acquisition

Australian fintech firm Findi has acquired Bankit Services for AU$30 million, enhancing its merchant network to over 180,000 across 12,000 pin codes in India. This strategic move aims to improve financial inclusion by transforming merchants into local financial hubs, addressing gaps in service usage, particularly in underserved areas. The acquisition reflects a broader trend of consolidation in India's competitive fintech landscape, where scale is becoming essential for survival.
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09:25 14.04.2025
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