Fino Payments Bank raises INR 538.78 Cr from Anchor Investors
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A day ahead of its initial public offering (IPO), Fino Payments Bank has raised INR 538.78 Cr from anchor investors. The Mumbai-based fintech startup has allocated over 93.37 Lakh shares to 29 anchor investors on Thursday. Fidelity International, Invesco, Pinebridge Global Funds, HSBC were allocated shares under the anchor investor portion.