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Newgen

Can a BPM/ECM platform company become the AI-first digital transformation OS for banks, NBFCs, and financial institutions globally?

HQNew Delhi, India
Latest roundPost-IPO Equity
IndustryVertical SaaS / Financial Services Automation
The story

Newgen Software began as a business process management (BPM) and enterprise content management (ECM) provider focused on document management systems. Over time, it expanded into AI-powered digital transformation, building low-code automation platforms that increasingly target financial institutions with embedded lending, payment hub, and compliance workflow capabilities. The company is now publicly listed on Indian exchanges and positions its NewgenONE platform as an end-to-end infrastructure layer for banks, NBFCs, and fintechs—competing in the enterprise fintech software space rather than as a direct lender or bank.

Last 12 months
2024-12
2025-11
Product timeline
2024
Launched AI-enabled Captive Finance Solution for lending and leasing operations on the NewgenONE low-code platform.· lending
2025
Announced strategic partnership with Mambu to deliver a plug-and-play lending stack for banks, digital banks, NBFCs, fintechs, and Islamic lenders.· lending
The stack
2 layers disclosed in Newgen’s embedded-finance stack
Money movement
ACHFedNowSWIFT
Lending
in the full report
Accounting gap: none
4 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.