List of Fincraft Core Banking Customers
Navi Mumbai, 400710,
India
Since 2010, our global team of researchers has been studying Fincraft Core Banking customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Fincraft Core Banking for Core Banking from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Fincraft Core Banking for Core Banking include: Laxmi Sunrise Bank, a Nepal based Banking and Financial Services organisation with 1000 employees and revenues of $250.0 million, Svamaan India, a India based Banking and Financial Services organisation with 450 employees and revenues of $18.0 million, Alliance for Microfinance in Myanmar, a Myanmar based Banking and Financial Services organisation with 85 employees and revenues of $9.0 million and many others.
Contact us if you need a completed and verified list of companies using Fincraft Core Banking, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Alliance for Microfinance in Myanmar | Banking and Financial Services | 85 | $9M | Myanmar | Nelito Systems | Fincraft Core Banking | Core Banking | 2019 | n/a |
In 2019, Alliance for Microfinance in Myanmar implemented FinCraft Core Banking through an agreement with Nelito Systems. The Core Banking deployment targeted lending and retail finance processes across Myanmar to scale microfinance operations and digitize field workflows.
The implementation explicitly included FinCraft Mobile Loan Origination and FinCraft Mobile Banking modules, which the vendor listed as the primary components used to digitize loan intake, approvals, disbursement and customer-facing mobile transactions. These modules were integrated into the core application landscape to support end-to-end loan lifecycle management consistent with Core Banking functional workflows.
Operational scope encompassed field force and retail finance functions across Myanmar, with rollout oriented to improve field-force productivity and reduce transaction costs as stated by the vendor. Governance and process changes focused on mobile-enabled origination and customer servicing to enable scaled microfinance operations.
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Laxmi Sunrise Bank | Banking and Financial Services | 1000 | $250M | Nepal | Nelito Systems | Fincraft Core Banking | Core Banking | 2019 | n/a |
In 2019, Laxmi Sunrise Bank implemented Nelito Systems Fincraft Core Banking, initiating a targeted program to digitize microfinance services and move toward paperless, cashless operations. The deployment centered on Core Banking and lending process modernization for operations in Nepal, positioning Fincraft Core Banking as the primary platform for lending lifecycle and centralized transaction processing.
Nelito Systems released details that the implementation included FinCraft Integrated Lending Management Solution (ILMS) and the HO Module alongside core banking functionality. Configuration work focused on lending workflow automation, integrated loan account servicing, and head office consolidation of control and reconciliation functions, consistent with standard Core Banking functional scope.
Operational coverage emphasized microfinance lending units, branch operations, and head office finance in Nepal, with the HO Module used to centralize back office control. Governance and process changes accompanied the rollout to strengthen internal control and to enable the bank to pursue cashless transaction handling, reflecting the stated objectives to improve efficiency and internal control.
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Svamaan India | Banking and Financial Services | 450 | $18M | India | Nelito Systems | Fincraft Core Banking | Core Banking | 2023 | n/a |
In 2023, Svamaan India implemented Fincraft Core Banking from Nelito Systems as a Core Banking deployment focused on microfinance lending and digital channels. The program was executed in India and is described in vendor and analyst materials as a FinCraft Integrated Lending Management Solution implementation covering lending and mobile and web digital channels.
The implementation configured end-to-end loan origination, loan management and collections modules, automating workflows across application intake, credit decision orchestration and repayment processing. Fincraft Core Banking was used to instrument lending lifecycle management and collections workflows, aligning product definitions, repayment schedules and exception routing to reduce manual handoffs and accelerate processing.
Architecturally the project centralized a core lending engine with integrated digital channel endpoints for mobile and web origination, enabling online application capture and downstream automated posting to loan management and collections ledgers. Operational coverage included lending operations and collections teams, with the solution servicing digital front ends and back-office loan management in the India scope.
Governance and process changes accompanied the rollout, with workflow automation and operational reconfiguration of disbursement and collection processes. The case study reports a reduction in final disbursement turnaround time from around 21 days to approximately 5 days following the FinCraft ILMS implementation.
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