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Press Release

Nucleus FinnOne Neo recognized as the #1 Market Leader in Lending by IBS Intelligence

July 8, 2020 | Press Release
- FinnOne Neo is the best-selling Lending solution in India for the third year in a row
FinnOne Neo is second best-selling Lending solution worldwide
FinnAxia is the third best-selling Transaction Banking Solution Globally


New Delhi, India. July 08, 2020
 Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the recognition of its end-to-end digital lending solution, FinnOne Neo by IBS Intelligence in their Annual Sales League Table 2020.

Over the last two decades, Nucleus Software’s flagship lending solution has been recognized 10 times as the “World’s Best Selling Lending Banking System” by IBS Intelligence. Throughout this period, the solution has been continuously enhanced, adding significant additional capabilities including Cloud, Lending Mobility, Microfinance, Digital Portal and Lending Analytics.In this year’s SLT, FinnOne Neo has been recognized in the lending category as the “#1 Leader” in India and as the “#2 Leader” globally.  This is the third year in row that FinnOne Neo achieved the top spot in India. Nucleus Software’s transaction banking solution, FinnAxia was recognized as the “#3 Leader” in the inaugural Transaction Banking Systems category in the Sales League Table 2020.

Nucleus FinnOne Neo helps banks and other financial institutions digitize their end-to-end loan lifecycle, from initial contact with customers and helping make better credit decisions faster to comprehensive loan servicing and sophisticated delinquency management. FinnAxia helps banks in transforming their corporate customers’ treasury functions into dynamic, mature and profitable business by enabling faster payments, integrated collections, sophisticated liquidity management and effective ecosystem financing.

Mr. R. P Singh (CEO, Nucleus Software) said, “Our position in the IBSI Sales League Table this year continues to reflect the tremendous business value our customers gain from using our solutions. I’m particularly proud because this leadership position comes on top of other records such as having the world’s best-selling lending solution 10 times and reaching the 50th customer milestone for FinnOne Neo Cloud. I am also delighted about FinnAxia being ranked as the third best-selling Transaction Banking Solution Globally. We believe that this performance is testament to the confidence of global financial services industry in the power, reliability and efficiency of our solutions”.

About Nucleus Software

Nucleus Software Exports Ltd. is a publicly traded (BSE: 531209, NSE: NUCLEUS), software product company that provides lending and transaction banking products to global financial leaders.

Nucleus Software powers the operations of more than 200 Financial Institutions in over 50 countries, supporting retail lending, corporate banking, cash management, mobile and internet banking, automotive finance and other business areas. Its products facilitate more than 26 million transactions each day, managing over US $ 200 billion of loans and enabling more than 200,000 users logging in daily.

Nucleus Software’s flagship products, built on the latest technology are:
  • FinnOne NEOTM : The next-generation digital lending solution that is built on an advanced technology platform, designed to shape the future of lending across Retail, Corporate and Islamic sectors for banks and other financial service companies. The 10 time winner of ‘World’s Best Selling Lending Solution’, helps digitize the complete loan lifecycle.
  • FinnAxiaTM : An integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
  • PaySeTM : The world's first online & offline digital payment solution designed and created with an aim to democratize money by making banking services available to the unbanked in remote geographies.
For more information, please visit : http://www.nucleussoftware.com

For Media related information, please contact:

Sunil Kumar Singh / Kiran Hans Khowal

Finese PR

Email: nucleus@finesepr.com
Phone: +91-9818363518 | +91-8375969143