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Findi Secures 2,293 ATMs with SBI, Revises FY25 Revenue Guidance Amid IPO Plans
7:39am on Monday 2nd of June, 2025 AEST
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Financial Services
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Findi Secures 2,293 ATMs with SBI, Revises FY25 Revenue Guidance Amid IPO Plans
7:39am on Monday 2nd of June, 2025 AEST
Key Points
Secured 2,293 additional ATMs with State Bank of India, increasing total to 6,512
New contract valued at $250-$270 million revenue and $125-$135 million EBITDA over 10 years
FY25 revenue guidance revised down to $68-$70 million due to White Label ATM license delay
Rothschild & Co appointed as financial advisor for Findi India's 2026 IPO
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