Nueve Solutions

Austin, United States Founded: 2012 • Age: 14 yrs
Provides digital solutions and automation for financial institutions to enhance banking processes.

About Nueve Solutions

Nueve Solutions is a Technology company based in Austin (United States) founded in 2012 by Ravi Ram Kallepalli. It provides digital solutions and automation for financial institutions to enhance banking processes. It operates on a B2B model. The company has 19 employees. Its Indian entity Nueve It Solutions Private Limited reported revenue of β‚Ή84 Lakh. Nueve Solutions offers products and services including Refer a Friend Program, Self Service CDs, Automate Banking, Q2 SDK Development, and Staffing Service. Its focus areas include FinTech, Investment Tech, Financial Databases and Private Company Data. Its competitors include Sierra Atlantic and Sunfolding; 2 of its 2 listed competitors have raised funding.

Company details

Nueve Solutions is a software development agency that creates digital tools for financial institutions, including automated referral programs, self-service certificates of deposit, and banking automation features. They use technologies like RPA and Q2 SDK to improve efficiency and user experiences. Based in Austin, Texas, and Visakhapatnam, India, they serve clients in the financial sector by developing secure applications and providing staffing services. Their work includes enhancing international money transfers and loan applications.

Key Metrics
  • Indian entity revenue
    ₹84 Lakh

    FY 2020 · +5% YoY

  • Indian entity net loss
    -₹2 Lakh

    FY 2020 · -2% margin

  • Indian entity EBITDA
    ₹1.3 Lakh

    FY 2020 · 2% margin

  • Employee Count
    19

Products & Services of Nueve Solutions

Nueve Solutions offers a comprehensive portfolio of products and services, including Refer a Friend Program, Self Service CDs, Automate Banking, Q2 SDK Development, and Staffing Service.

Refer a Friend Program
Referral System

Automated tool for inviting friends and rewarding new account openings.

Self Service CDs
Banking Tool

Platform for customers to manage certificates of deposit online easily.

Automate Banking
Banking Automation

System to handle user logins and group assignments based on criteria.

Q2 SDK Development
Software Development

Custom applications to enhance online banking user experiences.

Staffing Service
Consulting Service

Provides technology consultants for financial institution guidance.

Board of directors of Nueve It Solutions Private Limited (Nueve Solutions)

Nueve It Solutions Private Limited is the primary company behind Nueve Solutions. The board of Nueve It Solutions Private Limited currently have 2 directors; the longest-serving is Balavenkata Krishna Poripireddy, appointed in 2014.

DirectorDesignationAppointedTenureEntity
Balavenkata Krishna Poripireddy
DIN 07033058
Director26 Dec 201411 yrs 10 moNueve It Solutions Private Limited
Lakshmi Kallepalli
DIN 07020507
Director26 Dec 201411 yrs 10 moNueve It Solutions Private Limited

People of Nueve Solutions

4 people are tracked at Nueve Solutions (3 in leadership, 1 in team); the tracked headcount is 19.

NameRoleGroup
Ravi Ram Kallepalli
FounderLeadership
Jared Low
Director of PartnershipsLeadership
President & Head at Nueve Solutions IndiaLeadership
V V Suryanarayana Kaki
Development Team LeadTeam
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Complete people profiles for Nueve Solutions

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Financials of Nueve Solutions

Figures of Nueve It Solutions Private Limited, the primary company behind Nueve Solutions, for FY 2020. Revenue was ₹84 Lakh (+5% year on year). Net loss was -₹2 Lakh (-2% margin). EBITDA was ₹1.3 Lakh (2% margin). Revenue has grown at a compounded annual rate of +24% over three years and +102% over five years.

  • ₹84 LakhRevenue · FY 2020 · +5% YoY
  • -₹2 LakhNet loss · -2% margin
  • ₹1.3 LakhEBITDA · 2% margin
  • ₹1 LakhPaid-up capital
  • 19Employees (provident fund records)
  • +24%Revenue CAGR, 3 years
  • +102%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Nueve It Solutions Private Limited are on its company page.

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Detailed financial statements for Nueve Solutions

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Competitors of Nueve Solutions

Nueve Solutions has 2 listed competitors in our database, 2 of them funded. They include Sierra Atlantic and Sunfolding.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sierraatlantic.com1993Newark, United States$17.4M139
Offshore enterprise application development and IT consulting services are provided.
sunfolding.com2012San Francisco, United States$53.9M
SEO, internet marketing, and web design services are provided.
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Detailed competitors of Nueve Solutions

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  • Operating metrics
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Web traffic of Nueve Solutions

The website of Nueve Solutions (nuevesolutions.com) receives about 1.6K visits a month.

  • Monthly visits
    1.6K

    ▲ 304.4% vs previous month

Top companies in Investment & Financial Technology

3 companies that operate in the same segment as Nueve Solutions (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Commission-free trading and investment services are provided by Robinhood.
2013Menlo Park, California, United StatesUSD 5.58 BUSD 2.98 B4,841
Financial data and investment advisory tools are offered online.
1984Chicago, Illinois, United StatesUSD 91 MUSD 351.25 K6
App-based platform for spare change investment
2012Irvine, California, United StatesUSD 587.84 M602
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Frequently Asked Questions about Nueve Solutions

Nueve Solutions was founded in 2012.

Nueve Solutions is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Nueve Solutions has 19 employees.

The primary company behind Nueve Solutions, Nueve It Solutions Private Limited, reported revenue of β‚Ή84 Lakh for FY 2020, up 5% year on year.

Nueve Solutions is a software development agency that creates digital tools for financial institutions, including automated referral programs, self-service certificates of deposit, and banking automation features. They use technologies like RPA and Q2 SDK to improve efficiency and user experiences. Based in Austin, Texas, and Visakhapatnam, India, they serve clients in the financial sector by developing secure applications and providing staffing services. Their work includes enhancing international money transfers and loan applications.

Nueve Solutions's top competitors include Sierra Atlantic and Sunfolding.

Nueve Solutions offers Refer a Friend Program, Self Service CDs, Automate Banking, Q2 SDK Development, and Staffing Service.

Nueve Solutions operates through Nueve It Solutions Private Limited.

The legal entities of Nueve Solutions currently have 2 directors, including Balavenkata Krishna Poripireddy, Lakshmi Kallepalli.

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