FINO FINTECH FOUNDATION

FINO has formed FINO Fintech Foundation to enable its solutions to reach micro customers.This is a Section 25 company under the Indian Companies Act of 1956 has been incorporated in June 26th 2007.

FINO FINTECH FOUNDATION has been established to carry on the activity of promoting sustainable livelihoods for the rural poor and underserved classes by helping them become economically self-reliant, through the provision of Financial and Insurance services and technical assistance in an integrated and sustainable manner.

The activity of this Company is not for profit and is working with FINO’s partners to establish an end to end distribution platform thereby ensuring reach to Banks and other financial institutions in those geographies and amongst that section of the population which has been considered

ROLE OF FINO FINTECH FOUNDATION

Creation of Bandhu(FINO Agents) network across the country to deliver financial services through a combined technology-and-distribution channel to enable a rapid reach-out to the under-banked population.

Assist banks in designing new products and services for the under-banked populations by working closely with them, and acting as the key resource who truly understands end-customer’s financial needs. 

Managing a training and audit calendar with the banks to ensure that the entire distribution network works in alignment with the overall mandates given by the banks