Australia's Findi rises on higher merchants for its retail outlets network

Findi

06/12/2023 02:39

** Shares of Findi Ltd  FND.AX  rise as much as 5.8% to
A$1.090, their best day since Nov. 28 
    ** The digital payments firm expects to reach at least
25,000 merchants in FindiPay retail outlet network by March 31,
2024
    ** Says gross transaction volume is at an annualised rate of
A$160 million with 25% growth expected by FY-end
    ** Stock has risen 83.9% this year as of last close

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))