Fino-Paytech in the first 6 months of FY20-21 has delivered a profit of 11 Crores at the operational level as compared to a loss of 3.5 Crores despite the pandemic situation. Fino Paytech Limited Group is primarily engaged in providing technology-based solutions and services related to financial inclusion. It is a business and banking technology platform combined with extensive services delivery channel. The main income source of Fino-Paytech that is remittance was subdued due to pandemic situation but higher deposit- due to increase money flowing from government schemes, use of micro ATM, cash management services, and Aadhar enabled payment services have helped in getting profitability at the operational level. Stats of Fino-Paytech 1. 30% jump in micro-ATMs transactions. 2. 10% jump in Aadhar enabled payment services. 3. 22% increase in merchant enrolment. This quarter it has added 45k merchants, which was 25k per quarter earlier. Management View As per management, the remittances are at 60% of the pre-Covid level. Going forward, the management is focussing on selling credit products through its merchant on behalf of partner banks. This will generate the commission income for Fino-Paytech. At present, the management is not looking to raise money at present.