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.
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
Payments / PSP
Accounting gap: none