naztech
naztech is a Bangladesh-headquartered fintech and digital transformation provider that builds AI-driven AML, SWIFT messaging, sanction screening, and transaction monitoring software for banks and financial institutions, complemented by managed IT, RPA, and data engineering services.
- Company typePrivate
- Founded-
- HeadquartersNew York, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What naztech does
naztech Inc. is a privately held, Bangladesh-headquartered (Dhaka) fintech and digital transformation provider, employing 200–500 specialists and serving a primarily banking and financial-institution client base. The company combines a packaged product suite — iQ365 (AI/ML-driven AML/CTR), xSMART (centralized SWIFT messaging and cash management), nScreening/xScreening (sanction screening on Neo4j graph database with fuzzy logic), xTRANSACT (AI-learning transaction monitoring), nSMS, nREMIT, Docutech, and LMS — with a managed IT services layer covering digital transformation, application development, RPA, intelligent process automation, big data, and data engineering. Technical architecture is built on Neo4j for relationship analytics, Apache Kafka for real-time event streaming, Grafana for visualization, and integration connectors to SWIFT, Murex, Calypso, DTCC, Euroclear, and core banking systems, with named enterprise customers including HSBC, JPMorgan, Bank of America, Barclays, UBS, Reuters, Dexia, and regional banks such as Bank Asia, Beximco, and CBBL.
The business operates a direct enterprise sales motion with a consultative, quote-based engagement model (no public pricing), targeting financial institutions requiring AML/CFT compliance, fraud detection, SWIFT modernization, and digital transformation. Revenue derives from three streams: recurring software licensing and subscriptions for the product suite, professional services for managed IT engagements, and implementation/consulting work to deploy and integrate solutions on client sites. The company claims 300+ clients, 500+ completed projects, 3 regional offices, and a 4.9/5.0 customer satisfaction rating; operational activity is evidenced by ongoing blog output through 2025, active product development (including generative AI virtual assistants), a 2024 CTO appointment, and 2022 university-level hiring events. Notable gaps in the public record include the absence of disclosed revenue, funding history, ownership structure, certifications/awards, and formal partnerships.
naztech's strategic positioning is that of a delivery-cost-advantaged, verticalized regtech-plus-IT-services hybrid: it sells compliance-critical software into banks at a price point enabled by Bangladesh-based engineering, while bundling professional services to drive implementation and recurring revenue. The combination of SWIFT ISO 20022 / MT-MX transition demand, tightening global AML regulation, and bank digital transformation spending provides the demand backdrop, while the principal risks are concentration in a single vertical (banking), competitive pressure from larger global regtech and core-banking vendors, and limited financial transparency.
naztech firmographics
Firmographics- Name
- naztech
- Legal name
- naztech Inc.
- Website
- https://naztech.io
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- naztech is a Bangladesh-headquartered fintech and digital transformation provider that builds AI-driven AML, SWIFT messaging, sanction screening, and transaction monitoring software for banks and financial institutions, complemented by managed IT, RPA, and data engineering services.
- Ownership category
- akta.pro rank
naztech industry classification
Industry- Product category
- Banking and Financial Software
- NAICS
- Custom Computer Programming Services (541511), Software Publishers (5132), Other Computer Related Services (541519)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)
Keywords
Where naztech is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
naztech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Enterprise Software Solutions: Sale and licensing of fintech software solutions including xSMART, iQ365, AML solutions, nScreening, xTRANSACT to banks and financial institutions.
- Managed IT Services: Digital transformation, application development, RPA, intelligent process automation, big data and data engineering professional services.
- Implementation Services: Custom implementation, consulting and integration services for deploying fintech solutions at client sites.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
naztech product offering
Product offeringCore offering
naztech develops and sells proprietary FinTech software products for banks and financial institutions, including the iQ365 AML platform, xSMART SWIFT messaging and cash management solution, xTRANSACT transaction monitoring system, and xScreening/nScreening sanction screening tools. The company complements these products with managed IT services covering digital transformation, robotic and intelligent process automation, big data analytics, application development, and data engineering for enterprise clients.
Product overview
Naztech offers a platform-plus-modules architecture combining core FinTech products with managed IT services. The primary product family includes iQ365 (comprehensive AML/CTR platform), xSMART (SWIFT messaging and cash management), xScreening/nScreening (sanction screening), and xTRANSACT (transaction monitoring). These are complemented by domain-specific solutions like nSMS (bulk SMS), nREMIT (remittance), and LMS (loan management), as well as Docutech for document management. The managed services layer provides RPA, Intelligent Process Automation, Big Data analytics, Data Engineering, and Digital Transformation capabilities. The portfolio targets banking, financial services, telecommunications, and enterprise sectors with integrated compliance, fraud detection, and operational automation solutions.
Differentiator
Problem solved
Functional benefit
Brands
- xSMART: Fully automated and customizable advance SWIFT Message management solution providing transparent and simplified message creation, routing and acknowledgement for treasury and cash management.
- iQ365
- nScreening
- xTRANSACT
- nSMS
- nREMIT
- LMS
- Docutech
Products and services
- iQ365 Comprehensive AML/CTR (Anti-Money Laundering / Counter Terrorist Financing) platform with full capacity for generating suspicious transaction reports and financial fraud alerts; integrates AI and ML for behavioral analysis and customer risk profiling. Target users are banks and financial institutions needing AML automation.
- xSMART Centralized SWIFT messaging solution providing automated and customizable message management with integrated cash management including cash forecasting, visibility, mobility, and multi-currency cash pooling. Designed for treasury and interbank operations at banks and financial institutions.
- xSMART (SWIFT MT-MX) Fully automated and customizable advanced SWIFT Message management solution providing transparent and simplified message creation, routing, and acknowledgement with full lifecycle management for MT-MX ISO 20022 transitions at banks and treasuries.
- nScreening Sanction screening software for automated screening of new accounts and international payments using sophisticated matching algorithms with fuzzy logic search; integrates with Core Banking Systems and SWIFT for real-time compliance.
- xScreening Sanction screening solution minimizing business process impact with sophisticated matching algorithms, API integration with CBS and SWIFT, fuzzy logic search, automated workflow rules engine, and real-time KPI dashboard.
- xTRANSACT Transaction monitoring system with automatic data analysis, real-time screening, risk scoring, and AI learning capabilities; modular web-based solution for fraud prevention in banking operations.
- Docutech Document management system for digital document handling and workflow automation in financial institutions.
- nSMS Corporate bulk SMS software platform for commercial banks, financial institutions, SMEs, and startups; provides ultra-fast and reliable SMS services with reconciliation dashboard.
- nREMIT Remittance management solution enabling global money transfer operators with proven platforms and consulting services.
- LMS (Loan Management System)
Quantifiable outcome
- 4.9/5.0 customer satisfaction rating achieved
- +2 more outcomes
Companies that use naztech
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles2 records
naztech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability10 records
Feature6 records
naztech partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
naztech competitors and assessment
Company assessmentBroad incumbents
- NICE Actimize: NICE Actimize is the dominant enterprise AML, KYC, and transaction monitoring platform sold to global tier-1 banks. It competes directly with naztech's iQ365 and xTRANSACT in financial crime compliance.
- SAS Anti-Money Laundering: SAS is a long-standing AML, fraud, and sanctions screening vendor widely deployed at large banks. Its AML and screening suite overlaps directly with naztech's iQ365 and nScreening products.
- Oracle Financial Services Anti Money Laundering: Oracle offers AML, fraud, and KYC solutions bundled with its core banking and financial services platform. It is a direct competitor for banks looking for an integrated compliance suite.
- FICO Falcon Fraud Manager: FICO's Falcon platform is the leading card and transaction fraud detection system at global banks. It competes with naztech's xTRANSACT in real-time transaction monitoring and risk scoring.
- Refinitiv World-Check (LSEG): Refinitiv's World-Check is the de facto standard for KYC and sanction screening data, and competes with nScreening for the screening data and workflow layer inside banks.
- Temenos: Temenos provides core banking and compliance software to banks globally, with overlapping capabilities in transaction monitoring and AML. It is a competitor in the broader banking software suite that includes LMS-type functionality.
- Finastra: Finastra offers core banking, payments, and compliance solutions including AML and sanction screening. It competes with naztech in SWIFT messaging, cash management, and AML for retail and correspondent banks.
Direct peers
- BAE Systems NetReveal: BAE Systems' NetReveal offers AML, fraud detection, and compliance analytics to banks and insurers. It is a direct competitor in AML and sanction screening for mid-tier and tier-1 financial institutions.
- ComplyAdvantage: ComplyAdvantage provides AI-driven AML, KYC, and sanction screening SaaS for banks and fintechs. Its screening and transaction monitoring capabilities compete directly with nScreening and xTRANSACT.
Emerging players
- ThetaRay: ThetaRay provides AI-based transaction monitoring and AML for banks and payment providers. It is an emerging competitor in the same AI-driven AML category that iQ365 and xTRANSACT target.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
naztech social profiles
Digital presencenaztech financial estimates
Financial estimateRevenue estimate
Valuation estimate
naztech leadership team
Management profileNumber of profiles
Profiles7 records
naztech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
naztech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about naztech
What does naztech do?
naztech develops and sells proprietary FinTech software products for banks and financial institutions, including the iQ365 AML platform, xSMART SWIFT messaging and cash management solution, xTRANSACT transaction monitoring system, and xScreening/nScreening sanction screening tools. The company complements these products with managed IT services covering digital transformation, robotic and intelligent process automation, big data analytics, application development, and data engineering for enterprise clients.
Is naztech a public or private company?
naztech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was naztech founded?
naztech was founded in -1. It employs 251 to 500 people.
Where is naztech based?
naztech is headquartered in New York, United States, in the North America region.
How does naztech make money?
Three revenue lines are on record. Enterprise Software Solutions are the primary driver. The others are managed IT Services and implementation Services.
Who are naztech's main competitors?
Broad incumbents on record are NICE Actimize, SAS Anti-Money Laundering, Oracle Financial Services Anti Money Laundering, FICO Falcon Fraud Manager, Refinitiv World-Check (LSEG), Temenos and Finastra. Direct peers are BAE Systems NetReveal and ComplyAdvantage. ThetaRay is listed as an emerging player.
Does naztech have an API?
No public API is recorded for naztech.
What industry is naztech in?
naztech's product category is Banking and Financial Software. Its primary akta.pro industry code is FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments. Its NAICS code is 541511 and its SIC code is 7371.