What Kiya.ai does

Kiya.ai (legal entity: Infrasoft Technologies) is a Mumbai-headquartered fintech software vendor founded in 1995 that builds cloud-native digital banking, core banking, RegTech, and digital payments platforms for financial institutions worldwide. Its product portfolio is organized into five platform areas: AI-based Omnichannel & Open Finance Solutions (conversational UI, Open Finance APIs, Kiyaverse metaverse banking, eCO onboarding, UPI, and kiosk/tablet/mobile channels); Universal RegTech Solutions (AML, anti-fraud, ESG, GDPR, GRC, DORA, and reporting modules covering DAC 6, AIFMD, FATCA CRS, XBRL, CBCR, and others); Digital Core Banking Solutions (cloud and hosted core, digital lending, microfinance, Islamic banking); Digital Engineering Services (Open API, RPA, Cognitive Analytics, IoT, application modernization); and AI-based Analytics Solutions. The company is CMMI Level 5 v3.0 assessed and holds ISO 9001 and ISO 27001 certifications. Kiyaverse, launched in June 2022, is positioned as India's first banking metaverse, with subsequent extensions including Bharatmeta for cultural experiences and a Neo Banking Pod product for AI-powered, local-language banking assistance.

Kiya.ai serves 500+ enterprise clients across 56 countries, including public sector banks (Union Bank of India, Punjab National Bank, Bank of Maharashtra, Punjab & Sind Bank), cooperative and regional banks (Kerala State Co-operative Bank, Nainital Bank), international banks (Jordan Ahli Bank, Philtrust Bank, Merchant Finance in Fiji), and NBFCs and guarantee institutions (Kafalah, Agribank). The business model is enterprise B2B, combining recurring software licensing with implementation and digital engineering professional services, delivered through 12 global offices across India, UK/Europe, USA/Canada, MENA, and South-East Asia, supplemented by channel partnerships (e.g., Arab Financial Services for MEA). Go-to-market is primarily direct enterprise field sales with a quote-based pricing model and a 'Request a Demo' sales cycle, supported by industry events (Sibos, Global Fintech Fest, IBSi) and an active analyst-relations presence.

The company has been consistently recognized by IBS Intelligence, ranked #1 globally in Compliance Management for four consecutive years (2021-2023), #1 in India for six consecutive years, #1 Regional Leader APAC, and #1 in debut Card Management and Product Breadth categories. Customer-reported outcomes include a 60% reduction in loan-origination turnaround time and 30% surge in lead conversion at Jordan Ahli Bank, and a 2x+ deal-share lead over the next competitor in India per IBSi 2022. KiyaAI has no disclosed venture or private equity funding, operates as the primary digital banking brand of privately-held Infrasoft Technologies, and is led by Managing Director & CEO Rajesh Mirjankar, with Amit Sharma serving as President – Products.

Name

Kiya.ai

Legal name

Infrasoft Technologies

Website

https://kiya.ai

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Kiya.ai (Infrasoft Technologies) is a Mumbai-headquartered fintech vendor building cloud-native digital banking, core banking, RegTech, and omnichannel platforms for 500+ banks, NBFCs, and financial institutions across 56 countries, with a recognized leadership position in compliance management and India's first banking metaverse.

Ownership category

akta.pro rank

Product category

Core Banking & RegTech Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Compliance & Regulatory Operations (AML/KYC, Reporting, Audit) (FSAGAAAL)

akta.pro secondary industries

Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI), AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)

Keywords

• Core banking software
• Regulatory technology platform
• Digital banking solutions
• Open finance APIs
• AI banking platform

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Enterprise Software Licensing and Implementation: Kiya.ai provides digital banking, RegTech, and core banking solutions to financial institutions through enterprise licensing agreements. The company serves 450+ clients across 50+ countries, indicating a B2B enterprise software revenue model.
2. Digital Engineering and Professional Services: Provides digital transformation services including application modernization, testing, and engineering services to financial institutions, generating professional services revenue alongside core software licensing.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Kiya.ai (legal entity: Infrasoft Technologies; brand: KiyaAI) develops and sells cloud-native, AI-powered enterprise software for financial institutions, covering digital core banking, omnichannel banking, and universal regulatory technology (RegTech). Its portfolio spans Universal RegTech Solutions (AML, anti-fraud, ESG, GDPR, GRC, DORA, regulatory reporting), AI-based Omnichannel & Open Finance platforms (conversational UI, Kiyaverse metaverse banking, UPI, digital onboarding), Digital Core Banking (cloud and hosted, lending, microfinance, Islamic banking), Digital Engineering Services, and AI-based analytics for banks, NBFCs, microfinance institutions, governments, and cooperatives across 56+ countries.

Product overview

KiyaAI operates as a comprehensive fintech product suite organized into five interconnected platform areas: (1) AI-based Omnichannel & Open Finance Solutions featuring Conversational UI, Kiyaverse metaverse banking, Open Finance APIs, eCO digital onboarding, and UPI payment capabilities; (2) Universal RegTech Solutions encompassing AML, Anti-Fraud, ESG, GDPR, GRC, DORA, and extensive reporting modules including FATCA CRS, XBRL, and CBCR; (3) Digital Core Banking Solutions offering cloud-based and hosted deployment for lending, microfinance, and Islamic banking; (4) Digital Engineering Services including RPA, Cognitive Analytics, Big Data, IoT integration, and Application Modernization; and (5) AI-based Analytics Solutions. The portfolio also includes specialized products like the Neo Banking Pod for local language banking assistance and Bharatmeta for metaverse experiences.

Differentiator

Problem solved

Functional benefit

Brands

• Kiyaverse: India's first-ever Banking Metaverse platform enabling avatar-based banking interactions in virtual reality environments.
• Bharatmeta
• Univius AML

Products and services

• AI-based Omnichannel & Open Finance Solutions Multi-channel enterprise digital banking platform for financial institutions covering conversational UI/chatbot, Open Finance APIs, Kiyaverse metaverse banking, digital customer onboarding (eCO), UPI switch, internet/mobile/tablet/kiosk banking, mobile wallet, and contact management, delivered as an integrated omnichannel suite.
• Universal RegTech Solutions Regulatory technology platform for financial institutions covering anti-money laundering, anti-fraud, ESG, GDPR, GRC, BORT, DORA and reporting modules (DAC 6, AIFMD, FATCA CRS, CCR, CNMV, DTAX, XBRL, CBCR, MMIF) with AI-driven risk scoring, real-time transaction monitoring and automated regulatory reporting.
• Digital Core Banking Solutions Core banking modernization platform offered as cloud-based or hosted deployment, supporting digital lending management, microfinance operations, and Islamic banking compliance for banks and NBFCs.
• Digital Engineering Services Technology services suite including Open API development, RPA, Cognitive Analytics, Immersive UI, Big Data Analytics, IoT integration, Digital Channel Solutions, Testing, and Application Modernization, delivered to financial institutions as professional services engagements.
• AI-based Analytics Solutions AI/ML-powered analytics platform providing banking insights, customer intelligence, risk and operational analytics, and data-driven decision support for financial institutions.
• Kiyaverse (Banking Metaverse) India's first banking metaverse enabling avatar-based virtual branch visits, relationship-manager and peer avatars, robo-advisors, NFT tokens, CBDC integration, Open API connectors, and a super-app/marketplace within a virtual banking environment; supports haptics-enabled headsets for near real-world interaction.
• Bharatmeta Platform Metaverse platform within the Kiyaverse ecosystem dedicated to virtual cultural and heritage experiences (e.g., Ayodhya sacred sites, Azadi Ka Amrit Mahotsav) combined with financial services access.
• Neo Banking Pod AI-powered physical pod providing 24x7 neo-banking services with local language banking assistance, designed for financial inclusion pilots with banks.

Quantifiable outcome

• Jordan Ahli Bank achieved 60% reduction in process turnaround time with KiyaAI's Digital Lending Solution.
• +3 more outcomes

Named customers15 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability13 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core.

• Merchant Finance Pte LimitedcoreStrategic or Co-development Partner · 23 March 2026KiyaAI partnered with Merchant Finance Pte Limited, a leading non-bank financial institution in Fiji, to upgrade its core banking and lending systems. This marks one of the first cloud-enabled core modernisation initiatives in Fiji's NBFC sector. Merchant Finance will implement KiyaAI's Core Banking and Lending Suite to shift from legacy systems to a unified, cloud-enabled platform, enhancing operational efficiency, lending capabilities, and digital customer experiences.
• Philtrust BankcoreStrategic or Co-development Partner · 9 March 2026Philtrust Bank, one of the Philippines' most established banking institutions, partnered with KiyaAI to implement a new core banking system and introduce advanced digital and mobile banking platforms. The partnership aims to enhance operational efficiency, accelerate product innovation, and establish a scalable foundation for the bank's long-term growth. KiyaAI will deploy its Digital Core Banking and Omnichannel solutions to enable seamless access to financial services with state-of-the-art security features.
• Arab Financial Services (AFS)coreChannel Partner/ Reseller/ Distributor · 1 January 2024KiyaAI expanded its global presence in the Middle East and Africa region through a strategic partnership with Arab Financial Services (AFS). AFS serves as a channel partner/distributor enabling KiyaAI to reach financial institutions across the MEA region.
• Jordan Ahli BankcoreStrategic or Co-development Partner · 15 May 2023Jordan Ahli Bank, one of the leading banking institutions in the Kingdom of Jordan, partnered with KiyaAI to implement its Loan Origination System (LOS) and dedicated CRM solution for wholesale banking customers. The partnership streamlined Jordan Ahli Bank's loan processing, reduced turnaround time, and delivered a 360-degree customer view for personalised experiences. The bank also achieved 60% reduction in process turnaround time and 30% surge in lead conversion rate through KiyaAI's solutions.
• Union Bank of IndiacoreStrategic or Co-development Partner · 1 September 2022Union Bank of India partnered with KiyaAI as a technology partner to go live with NPCI's RuPay Credit Card on UPI, UPI Lite, and Cross Border payments for BBPS. KiyaAI served as the technology partner enabling the integration of credit cards with UPI payments platform.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Temenos: Swiss-listed global leader in core banking software, serving retail, corporate, and Islamic banks. Competes with KiyaAI for international core banking deals and represents the scale incumbent KiyaAI must displace to grow outside India.
• Oracle Financial Services: Banking software and analytics suite from Oracle serving Tier-1 banks globally. Overlaps KiyaAI in core banking, AML, and analytics, representing a scale competitor in the same enterprise RFPs.
• Wolters Kluwer: Global provider of regulatory reporting, risk, and compliance software (OneSumX, ComplianceOne) for financial institutions. Directly comparable to KiyaAI's Universal RegTech suite across FATCA, XBRL, and AML reporting.
• Finastra: Large global banking software vendor formed from the merger of Misys and D+H, offering core banking, lending, and treasury solutions. Overlaps KiyaAI in core banking and digital channels but operates at a much larger scale with a broader portfolio.
• FIS: US-headquartered global provider of banking, capital markets, and payments technology. Overlaps with KiyaAI in core banking modernization, card management, and digital channels for large enterprise banks.

Emerging players

• Mambu: SaaS core banking platform used by challenger banks, NBFCs, and fintechs. Comparable to KiyaAI's Cloud-based Core Banking Solution in architecture and target segments, especially for digital-first and emerging-market lenders.

Direct peers

• Intellect Design Arena: India-listed banking software vendor offering core banking, digital lending, and RegTech solutions to global banks. Most directly comparable to KiyaAI in origin, product mix, and target customers, including competing for Indian domestic leadership rankings.
• nCino: Cloud-native digital banking and loan origination platform serving banks globally. Closely comparable to KiyaAI's Digital Lending Management and CRM offerings for wholesale and retail banking customers.
• Infosys Finacle: Core banking, digital channels, and wealth management platform from Infosys serving banks globally. Competes head-to-head with KiyaAI in India and emerging markets for core banking modernization and omnichannel deals.
• Newgen Software: India-based enterprise software vendor with a strong digital banking and content services practice. Comparable product breadth across omnichannel, onboarding, and RegTech workflows for financial institutions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCjRvjzKkN-p-pMk5yl0xCig
• Facebookfacebook.com/digitalkiyaai
• LinkedInlinkedin.com/company/kiya-ai
• Xx.com/DigitalkiyaAi

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kiya.ai