Financial Software and Systems

Chennai, India Founded: 1991 • Age: 35 yrs
Financial Software and Systems is engaged in providing payment technology solutions.
Annual revenue - Latest available
Total funding $127.0M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

About Financial Software and Systems

Financial Software and Systems is a company based in Chennai (India) founded in 1991 by Nagaraj Mylandla. It operates as a SaaS (Software-as-a-Service) and FinTech. Financial Software and Systems has raised $127 million across 3 funding rounds from investors including The Carlyle Group, Premji Invest and Jacob Ballas Capital. Financial Software and Systems offers products and services including Card Issuance, Real Time Payments, Merchant Acquiring, and FSS BLAZE™. Financial Software and Systems operates in a competitive market with competitors including Infibeam Avenues, REPAY, Clearhaus, PayFacto and DataMesh Group, among others.

  • Headquarter Chennai, India
  • Founders Nagaraj Mylandla
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Financial Software & Systems Pvt. Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $127 M (USD)

    in 3 rounds

  • Latest Funding Round
    $57 M (USD), Series C

    Oct 13, 2014

  • Investors
  • Employee Count
    Not available
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Products & Services of Financial Software and Systems

Financial Software and Systems offers a comprehensive portfolio of products and services, including Card Issuance, Real Time Payments, Merchant Acquiring, and FSS BLAZE™.

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Primary

Card management system is provided for modern payment needs.

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Transactions are supercharged with speed and scalability for users.

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Digital payments are accelerated at the speed of commerce.

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Payments technology platform is offered for innovative solutions.

People of Financial Software and Systems

Headcount 1000-5000
Employee Profiles 82
Board Members and Advisors 5
Employee Profiles
People
Sivakumar G
President, Finance
People
Sankarnarayan Lakshmanan
Chief Information Officer
People
V. Balasubramanian
Chief Executive Officer, FSS CashTech
People
Nagaraj V. Mylandla
Founder & Managing Director

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Board Members and Advisors
people
Bala Deshpande
Director
people
Srinivas Chidambaram
Director
people
Rudhraapathy J
Director
people
Vijendar Dwarakanath
Director

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Funding Insights of Financial Software and Systems

Financial Software and Systems has successfully raised a total of $127M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $57 million completed in October 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Financial Software and Systems

Financial Software and Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, Premji Invest and Jacob Ballas Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Provides venture capital for technology startups and enterprise innovations worldwide.
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Venture capital investments are offered to startups by NEA.
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Private equity investments are directed toward multiple sectors.
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Investor details for Financial Software and Systems

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
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Investments & Acquisitions by Financial Software and Systems

Investments
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Investment portfolio details for Financial Software and Systems

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Financial Statements - Financial Software and Systems

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Detailed financials for Financial Software and Systems

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Financial Software And Systems Comparisons

Financial Software and Systems Primary company
Description
Financial Software and Systems is engaged in providing payme...
Location
Chennai, India
Founded Year
1991
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Financial Software and Systems

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Competitors of Financial Software and Systems

Financial Software and Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Infibeam Avenues, REPAY, Clearhaus, PayFacto and DataMesh Group, among others.

Company Name Domain Founded year HQ Location Description
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Digital payment solutions and enterprise software platforms are provided.
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Merchant acquiring solutions are provided for businesses to process payments.
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Merchant acquiring solutions are offered for payment processing needs.
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Payment solutions are offered for businesses and organizations.
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Payment processing solutions are delivered to Australian merchants and retailers.
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Merchant acquiring and payment processing solutions are delivered globally.
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Detailed competitors of Financial Software and Systems

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Latest news on Financial Software And Systems

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Complete news archive for Financial Software and Systems

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Frequently Asked Questions about Financial Software and Systems

Financial Software and Systems was founded in 1991 and raised its 1st funding round 17 years after it was founded.

Financial Software and Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

V Balasubramanian is the current CEO of Financial Software and Systems.

Financial Software and Systems is a funded company, having raised a total of $127M across 3 funding rounds to date.

Financial Software and Systems is involved in delivering innovative payment technology solutions across the global financial sector. A comprehensive suite of products is offered, including card issuance, real-time payments, and merchant acquiring. The companys platform, FSS BLAZE, is utilized for modern payment processing needs. Operations span multiple regions, supporting banks and financial institutions with cutting-edge tools. Services such as ATM solutions, reconciliation, and enterprise transformation are provided to optimize payment ecosystems. Focus is maintained on driving payment transformation through innovation hubs and advanced technology.

Financial Software and Systems's top competitors include REPAY, Infibeam Avenues and Clearhaus.

Financial Software and Systems offers Card Issuance, Real Time Payments, Merchant Acquiring, and FSS BLAZE™.

Financial Software and Systems has 4 investors. Key investors include The Carlyle Group, Premji Invest, Jacob Ballas Capital, and NEA.

The valuation of Financial Software and Systems is $267.53M as of Oct 2014.

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