About FINO
FINO is a company based in Mumbai (India) founded in 2006 by Manish Khera.. FINO has raised $34.96 million across 3 funding rounds from investors including HSBC, Morgan Stanley and International Finance Corporation. The company has 2,770 employees as of March 31, 2024. FINO operates in a competitive market with competitors including UniCredit, Axis Bank, Yes Bank, Bandhan Bank and HDFC Bank, among others.
- Headquarter Mumbai, India
- Employees 2770 as on 31 Mar, 2024
- Founders Manish Khera
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Fino Payments Bank Ltd.
-
Annual Revenue
$216.19 M (USD)0as on Mar 31, 2025
-
Net Profit
$10.83 M (USD)0as on Mar 31, 2025
-
EBITDA
$0 (USD)0as on Mar 31, 2022
-
Total Equity Funding
$34.96 M (USD)
in 3 rounds
-
Latest Funding Round
-
Investors
HSBC
& 6 more
-
Employee Count
2770
as on Mar 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of FINO
FINO is a publicly listed company on the NSE with ticker symbol FINOPB in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Funding Insights of FINO
FINO has successfully raised a total of $34.96M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
-
First Round
First Round
(01 Jun 2007)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series A - FINO | Valuation | SoftBank Capital , Temasek |
|
| Dec, 2009 | Amount | Series A - FINO | Valuation | IFC , Intel Education Accelerator |
|
| Jun, 2007 | Amount | Series A - FINO | Valuation | Intel Capital , IFC |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FINO
FINO has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, Morgan Stanley and International Finance Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An investment platform is provided for diverse sectors and geographies.
|
Founded Year | Domain | Location | |
|
IFC is focused on private sector development in emerging markets.
|
Founded Year | Domain | Location | |
|
Education startups are funded and mentored by Intel-backed accelerator.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by FINO
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - FINO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fino Comparisons
Competitors of FINO
FINO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UniCredit, Axis Bank, Yes Bank, Bandhan Bank and HDFC Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial bank
|
|
| domain | founded_year | HQ Location |
Provider of a commercial banking services
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered to individuals and businesses.
|
|
| domain | founded_year | HQ Location |
Personal and business banking services are offered to underbanked markets.
|
|
| domain | founded_year | HQ Location |
Commercial and personal banking services are offered by HDFC Bank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered to corporate and retail customers.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Fino
Frequently Asked Questions about FINO
When was FINO founded?
FINO was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is FINO located?
FINO is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of FINO?
Rishi Gupta is the current CEO of FINO.
Is FINO a funded company?
FINO is a funded company, having raised a total of $34.96M across 3 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Jun 01, 2007.
How many employees does FINO have?
As of Mar 31, 2024, the latest employee count at FINO is 2,770.
What is the annual revenue of FINO?
Annual revenue of FINO is $216.19M as on Mar 31, 2025.
What does FINO do?
Detailed insights into FINOs activities or sectors are not provided. No specific information regarding solutions or services is available on the website. The scope of operations remains unclear based on the content extracted.
Who are the top competitors of FINO?
Is FINO publicly traded?
Yes, FINO is publicly traded on NSE under the ticker symbol FINOPB.
Who are FINO's investors?
FINO has 7 investors. Key investors include HSBC, Morgan Stanley, International Finance Corporation, Temasek, and SoftBank.
What is FINO's ticker symbol?
The ticker symbol of FINO is FINOPB on NSE.