Fino Payments Bank

Fino Payments Bank is a key player addressing the need for financial inclusion for millions in rural India, positioning itself as the nation's truly local bank. Its core vision is to catalyze nation-building by ensuring every citizen is financially secure, empowering them to participate fully in the national economy. The bank's mission is to become the preferred choice for its customers by offering the simplest and most accessible financial services to help them grow their wealth. It caters to the needs of underserved groups such as low-income families, small businesses, and rural communities with a comprehensive suite of financial services. The bank uses an asset-light business model, leveraging a vast network of local merchants as representatives to meet community banking needs without physical branches. The volume of customers trusting Fino increased sharply to around 1.1 Crore in FY 2023-24, reflecting an addition of approximately 32 Lakh new customers.;