Yes. You're making a good point about the part of the transaction fee which goes to the banks.
Did the CEO mention anything specific about this in the past ?
Regarding the part of the interchange fee increase Findi is expected to keep, it is probably significant given the way they talked about it in their presentation : "Anticipated Indian interchange rate increase in FY 25 from 17 Rupees, expected to directly positively impact bottom line".
Monetisation, page-4
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Last
$7.50 |
Change
0.680(9.97%) |
Mkt cap ! $367.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 170 | $7.47 |
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| Price($) | Vol. | No. |
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| FND (ASX) Chart |