Findi White Label ATM and Bankit Digital Update

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Stock Findi Ltd (FND.ASX)
Release Time 3 Nov 2025, 8:38 a.m.
Price Sensitive Yes
 Findi's White Label ATM and Bankit Digital Update
Key Points
  • White Label ATM franchise sales reached 1,123 as of 31 October 2025
  • All 1,123 newly sold ATMs expected to be cash-live within 90 days
  • Bankit digital platform achieved record annualised GTV of A$5.26 billion in October 2025
Full Summary

Digital payments and financial services provider Findi Limited (ASX: FND) has provided a business update on the company's White Label ATM franchise sales and the performance of its Bankit digital platform. The key highlights include:White Label ATM Franchise: Findi's White Label ATM (WLA) franchisee program has seen a substantial increase, with 1,123 new WLA franchise sales as of 31 October 2025, up from 560 as of 15 October. All 1,123 newly contracted ATMs are on track to be installed and cash-live within the next 90 days, expanding Findi's ATM footprint. The company is also working with multiple large-scale channel partners in India, each capable of delivering 1,000+ ATMs, to rapidly scale the franchisee program.Bankit Digital Platform: Findi's 'Distribution-as-a-Service' (DaaS) digital platform, Bankit, has achieved a new record in transaction volumes. During October 2025, the platform's Gross Transaction Value (GTV) run-rate reached an annualised rate of A$5.26 billion, the highest level recorded to date. The number of KYC-registered merchants on the platform also increased by 2,244 in October 2025 to reach 165,366 across India.Brown Label ATM Update: During the Diwali festival month of October, the new State Bank of India (SBI) contract delivered a 6.7% TPD increase at the existing 2,575 ATMs and a 14% TPD increase at 391 newly deployed locations. The remainder of the SBI, Union Bank of India and CBI site rollout is expected to be completed by March 2026.