Digispice (Spicemoney) is doing exactly the same as what Fino does – mATM, AePS, CMS, and trying to push down financial services. They also are facing stagnant growth in last 4-5 quarters. But they dont have a clue why it happens too. And they evade the part too, just painting a rosy picture, talking about the grand opportunity and the amazing growth in the last 1-2 years, but quiet about 4-5 quarters flat q-on-q!
Looks like it is a systemic slow down. Is the vision not scalabe or not executable? or was it the initial growth spurt just due to covid? No clue.
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