“Can Infosys become the dominant technology systems integrator and platform provider for financial institutions navigating AI-driven transformation, open banking mandates, and real-time payments modernization?”
Founded in 1981 as a pure-play software services company, Infosys grew into one of the world's largest IT services and consulting firms, with financial services becoming its largest industry vertical. Over time, Infosys evolved from custom software development to platform-based offerings — most notably Infosys Finacle (via EdgeVerve Systems), a core banking platform used by 100+ banks globally. The company's embedded finance angle is primarily as an enabler and systems integrator for banks, NBFCs, and fintechs rather than as a direct financial services provider — building open banking platforms, lending API ecosystems, cross-border payment rails, and BPO-driven lending operations for clients. The 2022 Topaz launch signals a further pivot toward AI-driven financial services transformation.
Infosys uses Signzy for KYC and identity verification.
Infosys uses Mastercard Move for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 3 layers in Infosys's stack: Lending (Lending BPO services (mortgage, commercial, auto, student, BNPL), Open Banking Account Aggregator platform for NBFC loan disbursement and End-to-end lending operations outsourcing); KYC (Signzy); FX & payouts (Mastercard Move).
Infosys was founded by N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora and is founded in 1981, headquartered in Bengaluru, Karnataka, India.
Infosys has raised Public company (NSE: INFY, BSE: INFY, NYSE: INFY) in total (latest round: IPO (1993, India); NYSE listing 1999).
Get a read on where your own stack stands against Infosys and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.