Digital payments and financial services provider Findi announced rapid growth in its merchant acquisition, expecting to reach 25,000 by the end of March 2024.
The company has seen a consistent increase in merchant acquisition since June.
Findi's gross transaction volume reached an annualised rate of $160 million, with another 25% growth expected by the end of March 2024. Findi aims to extend its network by targeting geographic areas in various states of India.
Following its recent contract with the State Bank of India, the company plans to build a 'circular' financial ecosystem between its merchant and ATM networks.