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FSS

“Can a payments infrastructure company extend its processing and switching platform into a full embedded-finance stack for banks and MSMEs across emerging markets?”

HQIndia
IndustryInfrastructure / Payments
The story

FSS (Financial Software and Systems) is a globally leading provider of integrated payment products and a payments processor, operating primarily in India and expanding into MENA and other emerging markets. The company has evolved from core payment processing and switching infrastructure toward embedded finance platforms for MSMEs and financial inclusion use cases, as evidenced by the Embark platform launch in MENA and the Smart Cash initiative with CSB Bank targeting underserved communities.

Last 12 months
2021-12
2021-01
Product timeline
2021
FSS and CSB Bank launched Smart Cash to deliver hyperlocal banking services to financially underserved segments.· banking
2021
FSS launched Embark to digitally strengthen MSMEs in the MENA region.· pivot
The stack
1 layer disclosed in FSS’s embedded-finance stack
Payments / PSP
FSS Payment Processing and Switching (self-operated)
Accounting gap: none

FSS — frequently asked

Who is FSS's payment processor?

FSS processes payments through FSS Payment Processing and Switching (self-operated).

Where is FSS headquartered?

FSS is headquartered in India.

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