Fino Payments Bank
Latest round
- Series D
Last raised
- Jan 2012
Total raised
- $15M
Investors
- 3
About Fino Payments Bank
Fino Payments Bank Limited offers digital banking and payment processing services, founded in 2007 in Mumbai, India. The company was established by Zhenzhong Wang, who has a history of entrepreneurial ventures.Finobank offers a suite of financial services primarily aimed at individuals and small to medium-sized enterprises (SMEs). Their core product offerings include digital banking solutions, payment processing services, and lending products designed to enhance financial accessibility and efficiency. Through their mobile banking platform, users can manage their accounts, conduct transactions, and access personalized financial advice in real-time. Additionally, Finobank provides SMEs with merchant services that facilitate payment acceptance through various channels, including online and in-store transactions.Finobank generates revenue through a structured transaction model that encompasses both B2B and direct-to-consumer services. Their revenue streams include subscription fees for premium banking features, transaction fees associated with payment processing, and interest from their lending products. For example, clients may engage with Finobank's payment processing service, which charges a percentage fee for each transaction completed through its platform.Fino Payments Bank Limited plans to launch new financial products aimed at enhancing customer engagement and expanding its service offerings. The company targets expansion into additional markets across Asia and Africa by the end of 2023.
Who invested in Fino Payments Bank
3 investors across 2 rounds
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Questions about Fino Payments Bank
Who invested in Fino Payments Bank?
Fino Payments Bank has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fino Payments Bank raised?
Fino Payments Bank has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Fino Payments Bank last raise money?
Fino Payments Bank's most recent round on record is a Series D, in Jan 2012.
What does Fino Payments Bank do?
Fino Payments Bank Limited offers digital banking and payment processing services, founded in 2007 in Mumbai, India.
Where is Fino Payments Bank headquartered?
Fino Payments Bank is headquartered in Mumbai, India.
Which VCs invest in companies like Fino Payments Bank?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Fino Payments Bank's stage. Their profiles are linked below.
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