Fino Financial

Fino Payments Bank is a subsidiary of Fino Paytech, which has been serving the banking industry for over a decade. It received its final license from the Reserve Bank of India (RBI) and began operations in 2017. The company's mission is to provide simple, accessible, and affordable banking solutions to the underbanked and unbanked segments of the Indian population. It operates on an "asset-light" model, relying on a vast network of merchants who act as banking points, offering services like savings accounts, money transfers, bill payments, and insurance.