Financial services software vendors in India
Software vendors headquartered in India that serve banks, credit unions, insurers, wealth managers, pension funds and lenders, with their products, named customers and the rules procurement teams in India ask about.
44 vendors headquartered in India
- BUSINESSNEXT: CRM, lending, and digital banking platforms built for banks and insurers. (Noida, India)
- CAMSfinserv: Licensed Account Aggregator in India enabling consent-based sharing of financial asset information. (India)
- Clayfin: Omnichannel digital banking platform for retail, corporate and wealth banking, with personal finance management tools. (India)
- CloudBankin: Low-code loan origination and loan management software for banks, NBFCs and fintechs. (Chennai, India)
- Credgenics: AI-powered loan collections and debt resolution platform for banks, NBFCs and insurers. (Noida, India)
- Darwinbox: Cloud HCM suite covering core HR, payroll, workforce management, performance and recruitment, built on AI (Cortex). (Hyderabad, India)
- DPDzero: AI-led full-stack collections platform for banks and NBFCs to recover loans end-to-end. (Bengaluru, India)
- FinBox: Digital lending infrastructure covering onboarding, underwriting data, decisioning and loan origination. (Bengaluru, India)
- Fintellix: Regulatory reporting, supervisory reporting, credit risk and data analytics software for banks and regulators. (Bengaluru, India)
- Finvu: Licensed Account Aggregator letting consumers share verified financial data with regulated institutions by consent. (Pune, India)
- Firstsource: Business process services covering first-party, third-party and legal debt collections plus lending and card operations. (Mumbai, India)
- FSS: Payment processing software covering card issuing, acquiring, real-time payments and reconciliation for banks. (Chennai, India)
- HCLTech: IT, engineering and software services, including HCLSoftware products such as AppScan, BigFix and Unica. (Noida, India)
- i-exceed: Low-code digital banking platform (Appzillon) covering retail, SME and business onboarding, servicing and agent banking. (Bengaluru, India)
- IDfy: Identity verification, onboarding, risk and privacy compliance platform for banks and lenders in Asia. (Mumbai, India)
- Infosys: IT services and consulting spanning cloud, data and AI, plus the Finacle core and digital banking software suite. (Bengaluru, India)
- Infosys Finacle: Core and digital banking suite (Finacle) covering lending, payments and treasury, deployable on premise or in the cloud. (Bengaluru, India)
- Insillion: Low-code insurance software for carriers and MGAs covering product launch, rating, underwriting and distribution. (India)
- Intellect Design Arena: Composable banking software covering core banking and lending (eMACH.ai), transaction banking (iGTB) and enterprise AI (Purple Fabric). (Chennai, India)
- KFintech: SaaS platforms for mutual funds, pensions, corporate registry, wealth management, and alternative investments. (Hyderabad, India)
- Kiya.ai: Core banking, omnichannel banking, payments, RegTech and open finance software for financial institutions. (Mumbai, India)
- LeadSquared: Sales CRM, marketing automation and service software for banks, lenders, insurers and brokerages. (Bengaluru, India)
- Lentra: Cloud-native digital lending platform for banks covering loan origination, management and decisioning. (Pune, India)
- LTM: IT consulting and services spanning cloud, infrastructure, and data and AI, with a dedicated financial services practice. (Mumbai, India)
- M2P Fintech: API platform for core banking, lending and payments used by banks and fintechs across more than 30 countries. (Chennai, India)
- Mindgate Solutions: Real-time payments, UPI and transaction banking platforms for banks and national payment infrastructure. (Mumbai, India)
- Mobicule: mCollect debt collection platform spanning digital, contact centre, field and legal channels, plus KYC and gold loan software. (Mumbai, India)
- Mphasis: Application development, infrastructure, cloud and architecture services focused on financial services clients. (Bengaluru, India)
- Nelito Systems: Core banking, lending, payments, and data archival software for banks, NBFCs and microfinance institutions. (Navi Mumbai, India)
- Newgen Software: Low-code process automation platform (NewgenONE) with retail, commercial and SME loan origination workflows. (New Delhi, India)
- Nucleus Software: Digital lending and transaction banking platforms with AI-powered decisioning and workflow automation. (Noida, India)
- OneMoney: Licensed Account Aggregator enabling consent-based sharing of bank, insurance and investment data in India. (India)
- Osfin: Automated reconciliation software for high-volume transactions, with real-time cashflow dashboards. (India)
- Pennant Technologies: Lending software covering origination, loan management, collections and supply chain finance for banks. (Hyderabad, India)
- PeopleStrong: Cloud HCM platform with payroll, talent acquisition, and AI-powered workforce management for Asia-Pacific. (Gurugram, India)
- Perfios: Digital lending, underwriting analytics and onboarding software for banks and financial institutions. (Bengaluru, India)
- Phoenix ARC: Acquires and resolves non-performing corporate, SME and retail loans from Indian banks, sponsored by Kotak Mahindra. (Mumbai, India)
- Ramco Systems: Cloud payroll, HCM and ERP software, including the Payce global payroll platform with Australian payroll support. (Chennai, India)
- Setu: Fintech infrastructure APIs built on India's public digital rails, covering consented data, UPI payments and identity verification. (Bengaluru, India)
- Signzy: AI-powered identity verification, KYC, KYB, AML and fraud detection APIs for financial services. (Bengaluru, India)
- SunTec: Relationship-based pricing, billing and revenue management software for banks, including deal management and e-invoicing. (India)
- Tata Consultancy Services: IT consulting, systems integration and business process services, plus a core banking and insurance platform suite (TCS BaNCS). (Mumbai, India)
- Tech Mahindra: IT consulting, application development, infrastructure and business process services, with a dedicated financial services practice. (Pune, India)
- Wipro: IT services and consulting including cloud, cyber security and engineering, plus financial services consultancy (Capco). (Bengaluru, India)
Every vendor that operates in India, wherever it is headquartered.
What procurement teams in India ask vendors about
- RBI outsourcing directions: Due diligence, contracts with RBI inspection rights, and controls on offshore and cloud services.
- RBI technology risk directions: Vendor risk controls, the right to audit, RBI access and source code escrow.
- SEBI CSCRF: Third-party providers meet the framework's controls through contracts, oversight and audits.
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