Fino is a payment bank, I believe CASA would be a big differential here. Digispice on the other hand is a fintech providing banking services. Fino is trying to tie up with various fintechs. CMS seem to be growing for Fino. There is cut throat competition from Fintechs in providing the basic matured services like Aeps and Matm. The potential of BC banking is understood by many of the larger psb banks and they are also aggressively expanding their BC banking business. For Fino, there should be some OFF -US to ON-US conversions which should be dragging down the Aeps and Matm revenues. It is the CASA growth and low cost funds that is an advantage to FINO in comparison with other fintechs.
| Subscribe To Our Free Newsletter |
