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August 29, 2015 10:20 PM ET

Software

Company Overview of FINO PayTech Ltd.

Company Overview

FINO PayTech Ltd. offers designing and implementing technology solutions for banks, micro finance institutions (MFIs), insurance companies, government entities, and consultants in India. Its products include FINO Tijori, a biometric smart card based no frills saving account product that enables banks/MFIs to offer financial products, such as loans, remittance, and insurance to their customers by issuing multi-application smart cards; FINOSaral, an end-to-end loan management solution that enables each branch of the bank/MFI to reach out to a large number of loan applicants and process the loan applications; and FINO Tatkaal, which provides a technology platform and processing capabilities for...

Plot no. 38 & 39, Sector 30

Near Sanpada Railway Station

Sanpada west

Navi Mumbai

Mumbai,  400705

India

Founded in 2006

Phone:

91 22 4161 3466

Fax:

91 22 2781 0721

Key Executives for FINO PayTech Ltd.

Chief Executive Officer, Managing Director and Director
Head of Operations
Head of Systems
Chief Technology Officer
Director of Business Development & Government Initiatives
Compensation as of Fiscal Year 2015.

FINO PayTech Ltd. Key Developments

Shareholders To Sell Stake In FINO

The Blackstone Group L.P. (NYSE:BX) and Intel Capital intends to sell stake in FINO PayTech Ltd. FINO Paytech has secured licence for payments bank and has to reduce foreign shareholding to 49% from current 70% before launching payments bank. Blackstone holds 20% while intel holds 15%.

FINO PayTech Appoints Rishi Gupta as Managing Director and CEO

Rishi Gupta, previously the COO and Executive Director of FINO PayTech, has been appointed the company's Managing Director and CEO. Gupta had been overseeing the business operations of the company since December 2013, and assumes charge with immediate effect. He has been with FINO for over 8 years and was earlier its CFO.

FINO PayTech Ltd. Presents at VCCircle Financial Services Investment Summit 2014, Aug-20-2014 11:55 AM

FINO PayTech Ltd. Presents at VCCircle Financial Services Investment Summit 2014, Aug-20-2014 11:55 AM. Venue: Taj Lands End, Mumbai, Maharashtra, India. Speakers: Raj Ahuja, CFO.

Recent Private Companies Transactions

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