Alpha Recommendation: Price target hit- Findi Limited (FND)
Date: 20/11/2024
*** GENERAL AVICE ONLY***
Trade Strategy: PRICE TARGET HIT – ALPHA RECOMMENDATION
21/10/2024 – Entry: Buy up to $6.00
TARGET $8
SMALL-CAPS WATCHLIST
LONG-TERM HOLD RECOMMENDATION REMAINS UNCHANGED
*** GENERAL AVICE ONLY***
Findi is an ASX listed fintech company with operations principally located in New Dehli, India. Findi’s payments services are a dynamic offering tailored to one of the world’s largest and fasted growing addressable markets.
Rationale:
Findi provides bespoke payments services for one of the world’s largest developing markets while being part of the digital banking revolution where we have banking without banks, payments without cards and customers able to transact in a fast and flexible way from any location
Findi has over 14 years’ experience in the Indian consumer payments space. Founded by two Australian Fintech investors and headed up by a very experienced team of executives in India with deep global payments experience. We are evolving from an ATM service provider to the major Indian Banks, to digital bank and dynamic payments company, that focuses on enabling peer to peer payments, eCommerce transactions and a range of other digital payment solutions for Indian consumers, primarily in rural and remote areas of India.
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.