Fino Payments Bank Gets Bullish on Market Expansion
Fino Payments Bank is spearheading the inclusion among its customer segment by offering highly customised banking experience. Fino Payments Bank has operations in 410 branches and 25,000 access points across 14 states.
Fino’s banking solutions are targeted towards customer segments that are aspiring, enterprising and are often neglected by the traditional banking system owing to complexities in documentation as well as limitations owing to near-absent financial transaction history.
Going forward, Fino Payments Bank intends to expand its customer base owing to its network of branches and access points across the 4 key rural-centric states and 35 urban cities including metros.
Fino Payments Bank’s Expansion Roadmap
Towards its objective of providing banking for all, Fino follows ‘phygital’ approach having a mix of physical branches and digital platforms.
Altogether 42 per cent of its branches are in rural areas across Maharashtra, Madhya Pradesh, Uttar Pradesh and Bihar, underlining Fino’s customer segment.
