About Finacus
Finacus is a Financial Services company based in Mumbai (India) founded in 2007 by Rahul Ayyappan. It provides software for core banking, lending, and digital payment services to banks. It operates on a B2B and SaaS model. The company has 270 employees. Its website finacus.co.in draws about 13 thousand monthly visits. Its Indian entity Finacus Solutions Private Limited reported revenue of ₹94.40 Cr. Finacus offers products and services including FinCORE, FinLUNA, FinLEGAL, FinAMLOR, and FinUPI. Its focus areas include FinTech, Payment Tech, Digital Payments and UPI and Transaction Switches. Its competitors include ION Group, Ezetap, Presto, Backbase and Mswipe and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Finacus Solutions Pvt. Ltd. develops enterprise software to streamline banking processes, including core banking, anti-money laundering, and lending solutions. They integrate modules for efficient workflows and regulatory compliance, serving local and overseas banks. Based in Mumbai, India, they focus on digital tools like mobile banking and real-time payments to enhance customer experiences and operational security.
- Headquarters Mumbai, India
- Employees 270
- Founders Rahul Ayyappan
- SectorsFinancial Services
- Email••••••••
- Website finacus.co.in
- Social LinkedIn X Facebook YouTube
- Legal Name Finacus Solutions Private Limited
- Date of Incorporation 30 Oct, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹94.40 Cr
FY 2024 · +32% YoY
- Net Profit₹37.26 Cr
FY 2024 · 39% margin
- EBITDA₹51.53 Cr
FY 2024 · 55% margin
- Employee Count270
Associated legal entities of Finacus
Finacus operates through Finacus Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finacus Solutions Private Limited CIN U72900MH2007PTC175520 | Active | 30 Oct 2007 | Mumbai, Maharashtra | ₹94.4 Cr | 270 | 3 | View details |
Products & Services of Finacus
Finacus offers a comprehensive portfolio of products and services, including FinCORE, FinLUNA, FinLEGAL, FinAMLOR, and FinUPI.
End-to-end solution for integrated banking modules and workflows
Streamlines loan origination and management for financial institutions
Monitors and tracks non-performing assets for banks
Detects and reports anti-money laundering activities
Enables real-time payment processing via mobile interfaces
Apps and channels of Finacus
its YouTube channel Finacus Solutions Private Limited has 275 subscribers and 26 videos.
Videos from Finacus
The most watched videos on Finacus's YouTube channel, Finacus Solutions Private Limited (275 subscribers). Click a video to play it here.
More on Finacus Solutions Private Limited.
Board of directors of Finacus Solutions Private Limited (Finacus)
Finacus Solutions Private Limited is the primary company behind Finacus. The board of Finacus Solutions Private Limited currently have 3 directors; the longest-serving is Rahul Ayyappan, appointed in 2011. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Ayyappan DIN 03543652 | Director | 03 Jun 2011 | 15 yrs 4 mo | Finacus Solutions Private Limited |
| Charmaine Ramesh DIN 01687815 | Director | 03 Jun 2011 | 15 yrs 4 mo | Finacus Solutions Private Limited |
| Rahul Ramashankar Dwivedi DIN 07546092 | Director | 01 Jul 2016 | 10 yrs 3 mo | Finacus Solutions Private Limited |
People of Finacus
26 people are tracked at Finacus (7 in leadership, 19 in team); the tracked headcount is 270.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Bhushan Kondurkar | Chief Executive Officer | Leadership |
Narayan Gadage | Vice President | Leadership |
Sweta Patil | Head Of HR | Leadership |
| Director | Leadership | |
Amadeo Radillo | Americas Head | Leadership |
Ramesh Govindan | Director | Leadership |
Deepak Gupta | Junior Software Developer | Team |
Aditya Singh | Senior Network Engineer | Team |
Suraj Sawant | Junior Software Developer | Team |
Pradeep Yadav | Senior Manager Software Development | Team |
Ramchandra Akhade | Junior Software Developer | Team |
Alok Yadav | Trainee Software Developer | Team |
Ugesh Kunjan | Sr. Manager Software Development And Database Administrator | Team |
Sayli Jadhav | Junior Software Developer | Team |
Chiranjivi Majhi | Software Developer | Team |
Sajiya Kalot | Software Developer | Team |
Sandeep Nayak | Project Manager | Team |
Ponnuchristy Nadar | Junior Software Developer | Team |
Ajinkya Vaydande | Jr Software Developer | Team |
6 more people are available in the full profile.
Complete people profiles for Finacus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Finacus
Figures of Finacus Solutions Private Limited, the primary company behind Finacus, for FY 2024. Revenue was ₹94.40 Cr (+32% year on year). Net profit was ₹37.26 Cr (39% margin). EBITDA was ₹51.53 Cr (55% margin). Revenue has grown at a compounded annual rate of +24% over three years and +36% over five years.
- ₹94.40 CrRevenue · FY 2024 · +32% YoY
- ₹37.26 CrNet profit · 39% margin
- ₹51.53 CrEBITDA · 55% margin
- ₹1.25 CrPaid-up capital
- 270Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Finacus Solutions Private Limited are on its company page.
Detailed financial statements for Finacus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Finacus
Finacus has 10 listed competitors in our database, 9 of them funded. They include ION Group, Ezetap, Presto, Backbase and Mswipe, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iongroup.com | 1998 | New York, United States | $400M | 988 | Treasury management solutions are provided for financial institutions and banks. | |
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| presto.com | 2008 | San Carlos, United States | $82.62M | 137 | Drive-through automation solutions for restaurants are provided using AI. | |
| backbase.com | 2003 | Amsterdam, Netherlands | $128.51M | 2,000 | AI-powered banking platforms are provided for operational growth. | |
| mswipe.com | 2011 | Mumbai, India | $125.95M | 1,088 | Point-of-sale machines, soundboxes, and merchant payment solutions are offered. | |
| payswiff.com | 2013 | Hyderabad, India | $12.8M | 457 | Provider of POS and MPOS solutions for businesses to accept card payments | |
| innoviti.com | 2002 | Bengaluru, India | $141.01M | 198 | Integrated online and offline payment solutions are provided for businesses. | |
| evolute.in | 1970 | Mumbai, India | – | 213 | Embedded systems for fintech and payments are designed and manufactured. | |
| myoxigen.com | 2004 | Gurugram, India | $50.18M | 159 | POS software is offered for online and offline business transactions. | |
| trustt.com | 2014 | Bengaluru, India | $9.97M | 226 | Diversified digital solutions for banks and financial institutions are offered. |
Detailed competitors of Finacus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Finacus
The website of Finacus (finacus.co.in) receives about 13.4K visits a month.
- Monthly visits13.4K
▲ 273.3% vs previous month
Websites whose visitors overlap most with Finacus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cashlessindia.gov.in | cashlessindia.gov.in | 100% | – | #1,984,733 | – |
| adcbank.coop | 95% | 13.2K | #2,584,655 | View details | |
| bulkpe.in | 80% | 49.3K | #639,710 | View details | |
| eko.in | 80% | 45.4K | #738,412 | View details | |
| billavenue.com | 60% | – | #1,361,859 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Finacus
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Finacus (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Related news about Finacus
Complete news archive for Finacus
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Frequently Asked Questions about Finacus
Finacus was founded in 2007.
Finacus is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Finacus has 270 employees.
The primary company behind Finacus, Finacus Solutions Private Limited, reported revenue of ₹94.40 Cr for FY 2024, up 32% year on year.
Finacus Solutions Pvt. Ltd. develops enterprise software to streamline banking processes, including core banking, anti-money laundering, and lending solutions. They integrate modules for efficient workflows and regulatory compliance, serving local and overseas banks. Based in Mumbai, India, they focus on digital tools like mobile banking and real-time payments to enhance customer experiences and operational security.
Finacus offers FinCORE, FinLUNA, FinLEGAL, FinAMLOR, and FinUPI.
Finacus operates through Finacus Solutions Private Limited.
The legal entities of Finacus currently have 3 directors, including Rahul Ayyappan, Charmaine Ramesh, Rahul Ramashankar Dwivedi.