Micro finance Institutions, Rural Finance Service Providers: FINO


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About Us

Financial Information Network & Operations Ltd. (FINO) was founded on 13th July, 2006 with the single objective of building technologies to enable financial institutions (FIs) to serve the under-served and the unbanked sector and also to service the technology requirements of entities engaged in servicing the bottom of pyramid customers. One of the biggest challenges in the micro banking industry is the huge amount of paperwork and human effort traditionally involved in supporting micro-transactions and credit scoring potential customers. Other hurdles include Information gap, accessibility and reach, infrastructure, illiterate populace & fool proof identity. High costs coupled with low returns did not make microfinance viable beyond a certain threshold, thus hampering growth. The concept of FINO was germinated to overcome all the above mentioned hurdles and make financial services available to the unbanked.


	Hurdles in Micro Banking
FINO is committed to providing a standardized and shared pan – India infrastructure to Banks, Microfinance Institutions, Insurance companies and Government entities that will link clients and financial service providers across the financial spectrum, reducing costs of client acquisition and servicing across the value chain while ensuring that the basic premise of door step delivery to rural customers remains intact.

FINO is a Multibank promoted, professional, financially strong with a Board comprising of Customer Banks and MFI. FINO has the Largest acceptance among FI’s and has received awards and recognition from reputed organizations. FINO works on National priority projects (NREGA, RSBY, SSP, etc). Therefore helping reach a Critical Mass to provide economy of scale to all customers. Product Innovation that is derived from deep insight into the requirements of the client segment gained from pioneering work done with MFI, Banks and Research organizations. Pure and complete focus on this segment enables us to sensitize our products and services to meet client needs.

FINO has an in-house Technology R&D team to develop and enhance offerings. Centralized Processing Centre which is ISO 9001:2000 certified and with Robust contingency management procedure. FINO has its Own network of agents (Business Correspondents) at ground level and also works with several partners to reach the remotest parts of the country

Team of highly skilled professionals who have long-term commitment to its mission. FINO has positioned itself to become the premier provider of technology services to the financial institutions that provide services to the world’s unserved and under served populations