Fino Paytech founded in July, 2006, is a business and banking technology platform combined with an extensive services delivery channel. It is an institutional investor-driven company owned by international and Indian investors. Some of its major institutional investors are Bharat Petroleum Corporation Ltd, ICICI Group, and Blackstone GPV Capital Partners among others. It has emerged as a thought leader, innovator and implementer of technology solutions. It has a presence in over 25 states with a network of 425 banking outlets and 4 lakh merchant points.
*Disclaimer: Investors should consider certain risk factors such as wide bid ask spread, delay in expected IPO, change in underlying business fundamentals impacting adversely on original investment rationale, security becoming further illiquid due to demand/supply imbalance and IPO floor may turn out to be lower than investors expectation.