Financial Software & Systems
Powering Payments
Chennai, India · Founded 1991 · $127.0M raised
- Headquarters
- Chennai
- Employees
- 1001–5000
- Founded
- 1991
- Business Model
- B2B
- Website
- fsstech.com
- Total Funding
- $127.0M
- Last Round
- $57.0M Private EquityOct 2014
- Rounds
- 3
About
Financial Software & Systems (FSS) is a globally leading payment technology company and transaction processor headquartered in Chennai, India. Founded in 1991, FSS offers an integrated portfolio of software products, hosted payment services, and processing solutions built over three decades of global experience. The company's platform powers card issuance, merchant acquiring, real-time payments, ATM management, reconciliation, and switching for banks, financial institutions, and payment service providers worldwide. FSS holds a 30% market share in India's real-time payment processing, a 40% share as a payment gateway provider across South Asia, and manages over 800 million cards globally. With 2,500+ payment professionals serving 150+ global customers, FSS is the dominant payment infrastructure provider across India, the Middle East, and parts of Asia-Pacific.
Summary
Financial Software & Systems is a Fintech company based in Chennai, India, founded in 1991. It has raised $127.0M in total across 3 rounds, most recently a $57.0M Private Equity round in Oct 2014. Investors include Premji Invest, The Carlyle Group and New Enterprise Associates.
Tech & App Stack
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Funding History
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Oct 2014
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Private Equity — per-round amounts, valuations, and who invested in each round.
Investors
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