
08/07/2025
🚨 Findi (ASX: FND) Secures $9.5M Loan Note Funding to Accelerate Indian Fintech Growth 💳🇮🇳
Digital payments and financial services provider Findi Limited (ASX: FND) has successfully raised $9.5 million via secured Loan Notes from professional and sophisticated investors.
💼 The funds will drive the BC Maxx Centre rollout in partnership with the Central Bank of India, and expand the Brown Label ATM (BLA) fleet operated by subsidiary TSI India.
📄 Loan Note Details:
✔️ 10% p.a. interest
✔️ Maturity: 31 Aug 2027
✔️ Secured over company assets
✔️ 4 unlisted options per 17 Notes subscribed (max 2.35M options at $4.25 strike)
📢 Executive Chairman Nicholas Smedley:
"This financing provides the capital we need to advance the proposed listing of TSI in India and drive further growth."
🧠 Investor Outlook:
This funding strengthens Findi’s roadmap to list TSI in India, expand digital infrastructure, and unlock long-term value in one of the world’s fastest-growing fintech markets.
With strong institutional backing and proven ex*****on, Findi is well-positioned to scale rapidly across underserved regions.
📈 ASX: FND — $3.690
🔗 Read full announcement: https://colitco.com/findi-raises-9-5m-via-loan-notes-to-boost-banking/