About Software Group
Software Group is a company based in Sofia (Bulgaria) founded in 2009 by Kalin Radev. Software Group has raised $8.58 million across 3 funding rounds from investors including Invenio Partners, Postscriptum Ventures and BrightCap Ventures. The company has 17 employees as of April 06, 2024. Software Group offers products and services including Digital Banking Platform, Mobile Wallet, and Agency Banking. Software Group operates in a competitive market with competitors including Amount, MANTL, Tyfone, Bankingly and Asseco, among others.
- Headquarter Sofia, Bulgaria
- Employees 17 as on 06 Apr, 2024
- Founders Kalin Radev
- Stage Public
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Sectors
Financial Services
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Swg Solutions India Private Limited
- Date of Incorporation 25 May, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$547.86 K (USD)3.53as on Mar 31, 2023
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Net Profit
-$36.29 K (USD)-160.81as on Mar 31, 2023
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EBITDA
-$5.2 K (USD)-115.57as on Mar 31, 2023
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Total Equity Funding
$8.58 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Invenio Partners
& 3 more
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Employee Count
17
as on Apr 06, 2024
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Products & Services of Software Group
Software Group offers a comprehensive portfolio of products and services, including Digital Banking Platform, Mobile Wallet, and Agency Banking.
Platform for digital banking and neobanking services
Solution for secure mobile wallet and transaction services
System for agency banking and financial inclusion
People of Software Group
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Leadership Team
4 people
Sales and Marketing
3 people
Operations Team
1 people
Software Development Team
1 people
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Funding Insights of Software Group
Software Group has successfully raised a total of $8.58M across 3 strategic funding rounds. 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 Software Group
Software Group has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Invenio Partners, Postscriptum Ventures and BrightCap Ventures.
| Investor | Description | Founded Year | Domain | Location |
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A private equity fund focused on sustainable investments is operated.
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BrightCap Ventures is based in Sofia as a VC fund.
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Investments in multiple sectors are managed by BlackPeak Capital.
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Investor details for Software Group
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Investments & Acquisitions by Software Group
Investment portfolio details for Software Group
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Financial Statements - Software Group
Detailed financials for Software Group
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Software Group Comparisons
Peer comparison for Software Group
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Competitors of Software Group
Software Group 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 Amount, MANTL, Tyfone, Bankingly and Asseco, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Omnichannel banking solutions are provided for banks and lenders.
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MANTL is recognized for providing account origination software to banks and credit unions.
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Omni-channel banking solutions are provided for mobile financial services.
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Cloud-based omnichannel banking solutions are provided to financial institutions.
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Omnichannel banking solutions are provided for internet and mobile platforms.
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Omnichannel banking solutions are provided for banks and credit unions.
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Detailed competitors of Software Group
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Latest news on Software Group
Complete news archive for Software Group
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Frequently Asked Questions about Software Group
Software Group was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Software Group is headquartered in Sofia, Bulgaria.
Kalin Radev is the current CEO of Software Group. They have also founded this company.
Software Group is a funded company, having raised a total of $8.58M across 3 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Software Group is 17.
Annual revenue of Software Group is $547.86K as on Mar 31, 2023.
The company was founded in 2009 and is headquartered in Sofia, Bulgaria. Software solutions for delivery channels and integrations are offered to financial institutions, including banks, telecom companies, credit unions, microfinance institutions, fintech firms, and saving groups. Processes such as remote account opening, loan origination, and payment switching are digitized through these services, supporting operational efficiency in the financial sector.
Software Group offers Digital Banking Platform, Mobile Wallet, and Agency Banking.
Software Group has 4 investors. Key investors include Invenio Partners, Postscriptum Ventures, BrightCap Ventures, and BlackPeak Capital.