Tech Company Financing Transactions
Financial Software and Systems Funding Round
Premji Invest participated in a $57 million funding round for Financial Software and Systems. The financing round closed on 10/14/2014.
Transaction Overview
Company Name
Announced On
10/14/2014
Transaction Type
Venture Equity
Amount
$57,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company, which plans to go public in the next 18 to 24 months, intends to use the funds to innovate in digital payments for e and m commerce industry, financial inclusion and remittance businesses, expand its hosted services business, further strengthen its software products/IP portfolio, and accelerate its growth plans in global markets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1st Cross St. Rajiv Gandhi Salai (OMR) Siruseri Navalur G 4
Chennai TN, 603 103
India
Chennai TN, 603 103
India
Phone
Website
Email Address
Overview
Financial Software & Systems (FSS) - A payments technology leader with a suite of products and services that powers retail delivery channels such as ATM, POS, Mobile, Internet and cards across the globe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Nagaraj Mylandla
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