Nucleus Finnone Neo® Recognized as the #1 Market Leader in Lending by IBS Intelligence

– 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 50^th 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 delivers disruptive Fintech Solutions to 200+ Banks and Financial Institutions across 50 countries supporting Retail Lending, Corporate & SME Finance, Islamic Finance, Automotive Finance, Captive Automotive Finance, Cash Management, Mobile & Internet Banking, Transaction Banking and more. Our solutions manage over $15 trillion value of yearly transactions, with over 26 million transactions each day through our globally integrated transaction banking platform. Our lending platform manages $1.2 trillion+ value of loans globally, while enabling 500,000+ users to log in daily.

Our Flagship Products FinnOne Neo® and FinnAxia® are backed by more than 4 decades of BFSI domain expertise and an inbuilt AI powered platform to realize the digital transformation goals of FIs worldwide.

1. FinnOne Neo®: The next-generation digital lending platform, designed to revolutionize the lending process. FinnOne Neo® is built on an advanced technology platform, empowering financial institutions to streamline their lending operations, enhance customer experiences, and drive business growth.
2. FinnAxia®: An integrated global transaction banking suite, trusted by banks worldwide to optimize their transaction banking processes. With FinnAxia®, financial institutions can efficiently manage their cash management, trade finance, liquidity management, and other transaction banking activities on a single platform, thereby improving operational efficiency, visibility, and enhancing client relationships.
3. PaySe®: The world’s first online and offline digital payment solution, created with the vision to democratize money. This innovative payment solution offers users a seamless and convenient way to conduct digital transactions, both online and offline, facilitating financial inclusion and empowering individuals and businesses.
4. Nucleus Software Digital Services: Our comprehensive suite of services is tailored to assist banks and financial institutions in their digital transformation journey and maintain an optimal technology infrastructure. Through Nucleus Software Digital Services, we offer a holistic approach to digital transformation, enabling organizations to deliver seamless customer experiences, achieve operational and cost efficiencies, and gain actionable insights to drive strategic decision-making.

These offerings collectively underline Nucleus Software’s commitment to driving innovation and empowering financial institutions to thrive in an increasingly digital world.

For Media related information, please contact:
Deepika Gulabani
Corporate Communications
Email: deepika.gulabani@nucleussoftware.com
Phone: +91-9310334963