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Findi Secures A$25m to Slash Debt and Boost ATM Expansion in India

10:12am on Monday 2nd of March, 2026 AEDT Financial Services
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Findi Secures A$25m to Slash Debt and Boost ATM Expansion in India

10:12am on Monday 2nd of March, 2026 AEDT
Key Points
  • A$25 million placement to institutional investors at 70 cents per share
  • Refinancing unlocks A$33.25 million cash and cuts gross debt and interest costs by about A$3 million annually
  • Findi’s ownership in TSI rises to approximately 91%, up from 46% under prior Nova deal
  • Placement funds immediate deployment of SBI and CBI Brown Label ATMs and UBI rollout starting 2H 2026
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