News - Nucleus Software: Insights, Press Releases, and Industry Updates

An advanced technology platform, designed to deliver agile and efficient solutions while drastically reducing the cost of operations

Corporate Lending

Enhanced Agility via Digitizing SME and Corporate Lending

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Retail Lending

End-to-end digital lending across the entire lifecycle of origination, servicing & collections

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Islamic Finance

Interest Free Banking Governed by Shariah Principles

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Automotive Lending

Advanced Automotive Lending Software for complete loan life cycle management

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Digital transaction banking suite that is modular for a composable banking experience

Integrated Transaction Banking Suite – FinnAxia™

FinnAxia™, End-to-end global Transaction Banking Suite; optimally manages Receivables, Payments, Liquidity, Financial Supply Chains and Corporate Trade

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Ensure responsible lending with our API-backed products for easy & seamless connectivity to the financial ecosystem

FinnOne Neo™ mFin

Easy, fast and digitized access to microcredit, anytime, anywhere.

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Payse™

An offline and online digital cash solution designed to democratize finance.

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FEATURED

Nucleus Software appoints Surya Prakash Kanodia as CFO
Nucleus Software appoints Surya Prakash Kanodia as CFO
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Latest News
Media Coverage
February 13, 2024
Mr. Mantri’s Budgetory Quote

The interim budget 2024 announced by Finance Minister Nirmala Sitharaman didn’t offer much to be excited about, but the government continued on its fiscal consolidation path, focusing on capital expenditure and other welfare offerings.

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February 13, 2024
Nucleus Software Maintains Resilient Growth Stance with Robust Product Offerings in Q3 FY 2023-24

The revenues on a consolidated basis are at Rs. 204.1 Crore for the quarter ended 31st December 2023 as against Rs. 169.3 Crore in Q3 of FY 2022-23. The PAT on a consolidated basis is at Rs. 41.3 Crore, as against Rs. 38.3 Crore in Q3 of FY 2022-23.

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February 13, 2024
In an interview with CNBC-TV18, the Co-founder and Managing Director of Nucleus Software, Vishnu R Dusad provided an outlook of the company maintaining margins of over 30% going forward.

Nucleus Software Exports Ltd shares were locked at a lower circuit of 5% at ₹1,472.80 per piece on NSE during the entire session on Tuesday as margin narrowed down in the December quarter.

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February 13, 2024
Exclusive: Nucleus Software’s Co-founder & MD Vishnu R Dusad | Nucleus Software Share

Vishnu R Dusad, Co-Founder & Managing Director, Nucleus Software speaks with BTTV’s Sakshi Batra about company’s Q3 results and business guidance in FY24. In the quarter ended December 31, 2023, Nucleus Software’s consolidated revenues reached Rs. 204.1 Crore, marking an increase from Rs. 169.3 Crore in Q3 of FY 2022-23.

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February 13, 2024
Q3 Margin Got Compressed Due To Orders Delays: Nucleus Software Exports | CNBC TV18

Nucleus Software Exports is in focus on the back of its Q3 earnings. Co-founder & MD, Vishnu R Dusad says Q3 margin got compressed due to order delays. Tells Reema Tendulkar & Surabhi Upadhyay, 50% of overseas contracts have moved to higher pricing.

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January 29, 2024
Mr. Vishnu’s Budgetory Quote

The Union Budget for 2024-25, scheduled to be presented on February 1st, is a highly anticipated event for every sector of the Indian economy. From infrastructure, Information technology, telecom, agriculture, healthcare, and human resources to education, stakeholders are eagerly waiting to see how the government’s financial roadmap will impact their industries.

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January 8, 2024
Nucleus Software, Co-Founder & Managing Director, Mr. Vishnu R. Dusad In Talk With Zee Business

Conversation with the top management of Nucleus Software… Special discussion on the outlook of the IT sector. How will be the growth of IT sector in 2024? Discussion on business, new year’s outlook… What are the plans for expansion in 2024? What are your plans for growth in the new year?

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January 8, 2024
Pioneering change: Evolving products and technology in the time of regulatory shifts within financial services

In the dynamic landscape of the Indian financial services sector, recent regulatory guidelines from the Reserve Bank of India (RBI) are catalysing a transformative wave within the financial services ecosystem.

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January 4, 2024
Nucleus Software & Mahindra Rural Housing Finance win the “Most Innovative Use of Process Automation: Most Innovative Project” by IBSi Global Fintech Innovation Awards 2023

Nucleus Software has announced winning the “Most Innovative Use of Process Automation: Most Innovative Project” Award by IBSi Global Fintech Innovation Awards 2023 for the implementation of FinnOne Neo, their digital lending platform that is composable and cloud-agnostic, utilising implementation processes.

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January 3, 2024
Nucleus Software FinnOne Neo™ revolutionizes loan application process in partnership with Mahindra Rural Housing Finance Ltd

Nucleus Software announced winning the “Most Innovative Use of Process Automation: Most Innovative Project” Award by IBSi Global Fintech Innovation Awards 2023, for implementation of FinnOne Neo™ their cutting-edge digital lending platform that is composable and cloud agnostic, utilizing state-of-the-art implementation processes.

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December 12, 2023
Nucleus Software brings ATDD and CICD to enhance banking technology

Nucleus Software, a provider of lending and transaction banking solutions, has announced the adoption of Acceptance Test-Driven Development (ATDD) moving in the direction of continuous integration and eventually continuous delivery (CICD).

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December 7, 2023
Nucleus Software elevates Fintech development with cutting-edge CICD and ATDD techniques

Nucleus Software has unveiled a revolutionary approach in software development. The company is integrating Acceptance Test-Driven Development (ATDD) into its operations, advancing towards continuous integration and continuous delivery (CICD).

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September 11, 2023
Nucleus Software Exports Ltd Q3 FY2023-2024 Results

Nucleus Software Exports Ltd’s revenue jumped 20.98% since last year same period to ₹216.13Cr in the Q3 2023-2024. On a quarterly growth basis, Nucleus Software Exports Ltd has generated -0.45% fall in its revenue since last 3-months.

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September 5, 2023
Nucleus Software gains over 4% on partnership with Mahindra Rural Housing Finance

Shares of Nucleus Software Exports Ltd gained as much as 4 percent on Tuesday after the software product company announced that Mahindra and Mahindra Financial Services Ltd’s subsidiary has partnered with it for robust digital lending operations.

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August 4, 2023
Nucleus Software Exports Ltd Q1 FY2023-24 net profit at Rs. 53.56 crores

Nucleus Software Exports Limited has reported Consolidated financial results for the period ended June 30, 2023.

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June 22, 2023
Importance of IP Rights in the Financial Solutions Ecosystem in India

Siliconindia recently got a chance to interact with Parag Bhise, CEO, Nucleus Software, wherein he shared his insights on the current financial services landscape in India, IP rights’ impact on the sector and various other aspects. Below are the excerpts from the exclusive interview

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June 14, 2023
Mahindra Finance partners with Nucleus Software to boost digital transformation of its lending services

Mahindra & Mahindra Financial Services Limited, (MMFSL), part of the Mahindra Group, and one of India’s leading Non-Banking Finance Company today announced a strategic integrated partnership with Nucleus Software. This tech partnership with FinnOne NeoTM, the flagship product of Nucleus Software will help in strengthening the backbone for scale up. With its plug and play […]

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June 14, 2023
Mahindra & Mahindra Finance partners Nucleus for digital lending

Mahindra & Mahindra Financial Services (MMFSL) will deploy FinnOne NeoTM, the flagship product of Nucleus Software, to scale up the business by digitising its services and linking the company systems to partner through fintech.

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May 29, 2023
Nucleus Software shares hit upper circuit on robust Q4 show

Nucleus Software Exports, a prominent software solutions provider, recorded a 20 percent surge in its stock price on May 29 and hit the upper circuit at Rs 971, which also marks a new 52-week high for the company.

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May 29, 2023
Nucleus Software Shares Surge 20% As Q4 Profit Soars Nearly Threefold

Shares of Nucleus Software Exports Ltd. jumped nearly 20%, the highest single-day jump in over three months, after its fourth-quarter profit beat analysts’ estimates.

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May 26, 2023
Nucleus Software shares end 20% higher after March quarter profit jumps 76%

Shares of Nucleus Software Exports Ltd. ended in a 20 percent upper circuit and at a 52-week high of Rs 809.30 after the company’s March quarter net profit rose by nearly 80 percent.

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May 24, 2023
Mirae Asset Financial Services (India) wins the ‘Most Effective Paperless Digitization Implementation’ Award

Mirae Asset Financial Services (India) wins the “Most Effective Paperless Digitization Implementation” award at the IBS Intelligence Global FinTech Innovation Awards 2022 for a unique Customer On-boarding Mobile Application “Mirae Asset Financial Services” powered by Nucleus Software to digitally transform their secured loans journey.

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March 31, 2023
Brac Bank, Nucleus Software win Fintech Award

Brac Bank and Nucleus Software Exports Ltd have jointly won a “Best Implementation in Transaction Banking” award at IBS Intelligence Global FinTech Innovation Awards 2022 for FinnAxia, a transaction banking and supply chain finance solution for small and medium enterprises.

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March 31, 2023
Brac Bank, Nucleus Software win Fintech Award

Brac Bank and Nucleus Software Exports Ltd have jointly won a “Best Implementation in Transaction Banking” award at IBS Intelligence Global FinTech Innovation Awards 2022 for FinnAxia, a transaction banking and supply chain finance solution for small and medium enterprises.

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March 27, 2023
BRAC Bank Transformed Supply Chain Financing in Bangladesh with Nucleus Software

Bangladesh’s supply chain finance market is growing rapidly, driven by the demand for financial solutions that support small and medium-sized enterprises (SMEs) in managing their working capital and supply chain financing needs. The market is worth around BDT 90,000 Crore, or approximately USD 87,378 Mn.

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March 24, 2023
BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards

The award recognized the rapid implementation of Nucleus Software’s Supply Chain Financing solution from their Transaction Banking Suite FinnAxia™ at BRAC Bank designed to support the bank’s strategy of venturing into the supply chain financing market to provide seamless solutions for all its end customer offerings, a press release reads.  

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March 24, 2023
BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards for deployment of supply chain finance solution for SMEs

BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards for deployment of supply chain finance solution for SMEs

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March 24, 2023
BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards

The award recognized the rapid implementation of Nucleus Software’s Supply Chain Financing solution from their Transaction Banking Suite FinnAxia™ at BRAC Bank designed to support the bank’s strategy of venturing into the supply chain financing market to provide seamless solutions for all its end customer offerings, a press release reads.

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February 22, 2023
Shares of this software services company have gained 50% over the last six trading sessions

Shares of Nucleus Software ended higher for the fourth straight day on Tuesday, and have gained in seven out of the last eight trading sessions. The stock has been on an upward trend since it reported its December quarter results last week.

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February 16, 2023
Nucleus Software Q3 Results: Shares Surge 20% After Profit Jumps Fivefold

Shares of Nucleus Software Exports Ltd. surged 20% on Thursday after it third-quarter profit jumped fivefold. The company’s net profit surged to Rs 38.34 crore during the December quarter from Rs 8.04 crore during the same period a year earlier, according to a stock exchange filing dated Feb. 14. It also posted a 39% increase […]

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February 14, 2023
Nucleus Software gains most since August 2020 after strong earnings

Shares of Nucleus Software Exports closed nearly 20 percent higher at Rs 480.2 per piece on the BSE in Tuesday’s trade following strong quarterly earnings for the December quarter.

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January 10, 2023
Understanding Digital Transformation in Lending

Digital transformation has changed business models and opened new revenue streams by altering ways of delivering products, customer acquisition, creating value, and making profits. Businesses can further use data insights extracted from analytics to make informed decisions and stay competitive.

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December 7, 2022
Bank of Sydney goes live with Nucleus Software to enhance digital customer experience

Through the digital lending platform, FinnOne neo™ from Nucleus Software, Bank of Sydney will be able to provide an improved customer experience with a faster approval process and communications. By employing the platform’s real-time dashboard for tracking and reporting, the bank aims to enhance both the internal and external transparency and accountability of its processes.

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November 28, 2022
Nucleus Software’s FinnOne Neo™ Chosen By Bank Of Sydney For Better Customer Experience

Nucleus Software Exports Limited informed that its digital lending platform FinnOne Neo is used by the Bank of Sydney for a better customer experience with a faster approval process and communications.

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November 9, 2022
Nucleus Software Exports Second Quarter 2023 Earnings: Misses Expectations

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in India.

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November 7, 2022
Nucleus Software Exports consolidated net profit rises 28.55% in the September 2022 quarter

Sales rise 13.99% to Rs 130.09 croreNet profit of Nucleus Software Exports rose 28.55% to Rs 11.03 crore in the quarter ended September 2022 as against Rs 8.58 crore during the previous quarter ended September 2021. Sales rose 13.99% to Rs 130.09 crore in the quarter ended September 2022 as against Rs 114.12 crore during […]

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May 17, 2022
Nucleus Software Exports consolidated net profit declines 33.13% in the March 2022 quarter

Sales rise 23.24% to Rs 153.04 croreNet profit of Nucleus Software Exports declined 33.13% to Rs 18.29 crore in the quarter ended March 2022 as against Rs 27.35 crore during the previous quarter ended March 2021. Sales rose 23.24% to Rs 153.04 crore in the quarter ended March 2022 as against Rs 124.18 crore during […]

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March 24, 2022
BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards for deployment of supply chain finance solution for SMEs

BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovation Awards for deployment of supply chain finance solution for SMEs

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January 7, 2022
How this company welcomes ex-employees and improves its retention efforts

At software product company Nucleus, the value system is rooted in its workplace and has been one of the most compelling propositions for the longevity of the tenure of most employees. Thihas also become one of the key reasons for former Nucleite to re-join.

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March 27, 2021
BRAC Bank Transformed Supply Chain Financing in Bangladesh with Nucleus Software

Bangladesh’s supply chain finance market is growing rapidly, driven by the demand for financial solutions that support small and medium-sized enterprises (SMEs) in managing their working capital and supply chain financing needs. The market is worth around BDT 90,000 Crore, or approximately USD 87,378 Mn.

Read article
PR Contacts

Deepika Gulabani

Corporate Communications

Email: Deepika.gulabani@nucleussoftware.com

Phone: +91-9910093430

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