FINDI Board Appoints Amit Nigam as Executive Director and CEO of BANKIT

Mr. Nigam will lead BANKIT's integration with FINDI group to expedite digital banking and financial services for the underserved population.

Muskaan Kapoor

04 Apr 2025 — 3 min read

FINDI Board Appoints Amit Nigam as Executive Director and CEO of BANKIT

FINDI Ltd (ASX: FND) has announced the appointment of Mr. Amit Nigam as Executive Director and Chief Executive Officer (CEO) of BANKIT, following the company's successful acquisition earlier this year. Mr. Nigam, who previously served as the Chief Operating Officer of BANKIT, has proven instrumental in the company's remarkable growth trajectory, successfully launching the brand, expanding operations, and establishing BANKIT as one of India's fastest-growing fintech firms focused on financial inclusion.

In his new role as Executive Director and CEO, Mr. Nigam will lead BANKIT's integration with FINDI's ecosystem. This strategic integration will expand the suite of Phygital services offered by BANKIT to the citizens.

From pioneering financial inclusion to empowering over 1,50,000+ merchants across the country, BANKIT has always been at the forefront of transforming India’s digital banking landscape. Today, it takes a significant step forward as it officially joins the FINDI family, ushering in a new chapter of scale, impact, and innovation.

Deepak Verma, MD and CEO of FINDI, said, "We are excited to elevate Amit to this leadership position. His thought leadership, can-do approach and deep understanding of India's financial landscape have been instrumental in building BANKIT's digital payment platform. His elevation reflects our confidence in him and his ability to continue BANKIT's growth momentum, in line with FINDI’s vision for taking WLA(White Label ATMs) to the masses, driving financial inclusion for the underserved.”

Amit Nigam, Executive Director & CEO, BANKIT, commented, "I am honored to take on this expanded role at such a pivotal moment in BANKIT's journey. Our integration with FINDI group provides us with the resources and expertise needed to accelerate our mission of redefining India's financial services landscape. Together, we will focus on creating a more inclusive and innovative financial ecosystem that empowers millions of Indians with access to essential banking and financial services.".

BANKIT's extensive merchant network will play a crucial role in FINDI's strategy of building a full-stack financial services ecosystem serving the underserved, with particular emphasis on enabling access to basic banking services through White Label ATMs and digital platforms.

About BANKIT

Founded with a vision to transform the financial landscape of India, BANKIT has grown into a trusted name, offering a wide range of digital and assisted financial services. Its extensive agent network and commitment to innovation have positioned it as a key enabler of financial inclusion in the country.

About FINDI Ltd.

FINDI Ltd. is a company listed on the Australian Stock Exchange (ASX) builds a Financial Services Marketplace for the underbanked through their merchant network in India. Currently, FINDI, via TSI, operates 7,500+ Brown Label ATMs in partnership with major Indian banks, and provides Financial and Payment Services through 50,000+ merchant partners via its brand FindiPay. The company has also recently acquired Indicash, Tata Communications’ White Label ATM business, giving it Payment Switch capabilities, as well as the ability to deploy its own ATMs at their merchant partners.