DataSoft Systems

What DataSoft Systems does

DataSoft Systems Bangladesh Ltd. (operating commercially as DataSoft Next) is a Dhaka-headquartered software product and services company founded in 1998/1999, employing 251-500 people including 300+ IT professionals. The company is structured around six product verticals: financial inclusion software (flagship MicroFin360 NEXT serving 144 microfinance institutions and 13.5 million beneficiaries, plus Co-op360, Remit365, Pay365, Next e-KYC, and an AML Suite); infrastructure automation (LPMS for land ports, IoT-enabled toll management, Terminal Information Management System for Chattogram Port, and the MRT-6 Automated Fare Collection system for Dhaka Metro Rail); enterprise software (SMART Enterprise ERP, Sdoc document management); healthcare (Teledaktar telemedicine); mobile applications (MobioApps sub-brand, including international projects for Nissan, Hitachi Johnson, Metlife, JCH, and WHO); and emerging technology (AR/VR, AI in Arts).

Underlying technology spans mainstream stacks (.NET, Java, Python, PHP), enterprise databases (Oracle, MSSQL, MySQL, PostgreSQL, MongoDB, Jbase), frontend frameworks (Angular, React, Vue, Node.js), mobile (Android, iOS), game engines (Unity, Unreal), middleware (Apache, WebSphere, Tomcat, Oracle Fusion), and big data tooling (Hadoop, HBase, Cassandra). DataSoft also acts as the local implementation partner for Temenos T24 core banking across six Bangladeshi private banks.

The business model combines one-time enterprise licensing and implementation services (Temenos T24, port automation, metro rail AFC, ERP), recurring SaaS subscriptions (MicroFin360 NEXT, Co-op360), and project-based professional services for international clients. Pricing is quote-based with no public disclosure. Go-to-market is direct enterprise sales with technical and business consultants deploying solutions in-house, primarily in Bangladesh with selective international projects in Africa, Europe, and other parts of Asia. Revenue is not publicly disclosed and no external funding rounds are recorded, indicating a bootstrapped operating posture.

Name

DataSoft Systems

Legal name

DataSoft Systems Bangladesh Ltd.

Website

http://datasoft-bd.com/

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

DataSoft Systems Bangladesh Ltd. (DataSoft Next) is a Dhaka-based software firm building financial inclusion software (97% MFI market share in Bangladesh), infrastructure automation for ports, metro rail, and tolling, plus telemedicine, enterprise ERP, and mobile applications for government and enterprise clients.

Ownership category

akta.pro rank

Product category

Enterprise Software Solutions

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computer Facilities Management Services (541513)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM)

akta.pro secondary industries

Compliance & Regulatory Operations (AML/KYC, Reporting, Audit) (FSAGAAAL), SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM), Agricultural & Rural Microfinance (FSAKAGAG)

Keywords

• Microfinance management software
• Core banking solutions
• Port automation software
• Telemedicine platform software
• Enterprise software development

Headquarters

HQ city

Mirpur

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Implementation: Enterprise software licensing for solutions like Core Banking (Temenos T24), MicroFin360, and infrastructure automation systems with implementation services
2. SaaS/Cloud-Based Solutions: Cloud-based MFI Management System with high data security for microfinance institutions, cooperative societies, and enterprises
3. Professional Services: Technical and business consulting for implementation of banking and financial solutions, system integration, and deployment support
4. Mobile Application Development: Custom mobile app development for international clients including AR applications for Nissan, HVAC automation for JCH, and insurance apps for Metlife

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

DataSoft Systems develops and licenses enterprise software for financial inclusion (microfinance management, cooperative banking, remittance, payments, e-KYC, and AML), infrastructure automation (port, land port, metro rail fare collection, and IoT tolling), healthcare (telemedicine for rural Bangladesh), and enterprise back-office functions (ERP, document management), while also providing implementation services for the Temenos T24 core banking platform. Flagship MicroFin360 NEXT serves 97% of Bangladesh's MFIs with 144 clients and roughly 13.5 million beneficiaries, complemented by bespoke mobile, AR/VR, and AI initiatives for international brands.

Product overview

DataSoft Systems operates as a comprehensive software solutions provider offering multiple distinct product lines across verticals. The core portfolio includes: Financial Inclusion products (MicroFin360 NEXT for microfinance management with 97% market penetration in Bangladesh MFIs, Co-op360 for cooperative banking, Remit365 for remittance, Pay365 for payments, Next e-KYC for identity verification, and AML Solution Suite); Infrastructure Automation solutions (Land & Port Management System, IoT Toll Management, Terminal Information Management for ports, and MRT fare collection); Healthcare Technology (Teledaktar telemedicine platform serving rural communities); Enterprise Software (SMART Enterprise for back-office automation, Sdoc document management); Mobile Applications under MobioApps brand; and Emerging Technologies (AR/VR solutions, AI in Arts). These products operate both as standalone offerings and integrated platforms, with MicroFin360 NEXT serving as the flagship financial inclusion product connecting to broader analytics capabilities including predictive algorithms and big data processing.

Differentiator

Problem solved

Functional benefit

Brands

• MobioApps™: Mobile application development brand creating apps for various sectors including healthcare, insurance, HVAC automation, and automotive (Nissan's N360 Driver's Guide app).
• MicroFin360 NEXT
• Co-op360
• Remit365
• Pay365
• Teledaktar
• STEPs AI Institute
• AI in Arts

Products and services

• MicroFin360 NEXT Web-based microfinance management system providing multi-layer security, cloud-based SaaS operations, and a smart data center with high data security for MFIs managing loans, savings, insurance, and beneficiaries; used by 97% of Bangladesh's MFIs covering 144 clients and roughly 13.5 million beneficiaries.
• Co-op360 Core banking software for cooperative societies providing a modern, secure, scalable technology platform with social impact analysis, securitization, handheld integration, and member credit scoring for financial inclusion.
• Remit365 Real-time remittance management solution with advanced API integration connecting banks with Money Transfer Operators for remittance information sharing and instant beneficiary credit via multiple payment channels.
• Pay365 Smartphone-based payment application enabling convenient and secure payments through bank cards, replacing physical wallets with personal financial management, merchant loyalty programs, and business analytics.
• Next e-KYC AI and machine learning based electronic KYC solution compatible with Web, Mobile, and Kiosk platforms for customer self-check-in and accelerated onboarding with fraud prevention technologies.
• AML Solution Suite Workflow-driven anti-money laundering solution enabling banks and NBFIs to detect laundering activities, monitor transactions across all business lines, and comply with regulations through KYC CDD/EDD and risk profiling.
• Land and Port Management System (LPMS) Comprehensive land and port management solution featuring warehouse inventory, posting branch, transshipment, assessment and billing, bank integration, truck entry, weighbridge, and reporting modules for real-time land port operations.
• IoT Enabled Toll Management System IoT-based automated toll collection system with auto-calculation, role-based access, accounting software integration, and comprehensive reporting for revenue collection and security at toll plazas.
• Terminal Information Management System (TIMS) Container terminal management system automating Chattogram Port operations, handling berth scheduling, container tracking, and yard operations via Wi-Fi-enabled handheld devices.
• MRT Automated Fare Collection System Automated ticketing and clearing house system for Dhaka Mass Rapid Transit MRT-6, including SMART Ticketing and Platform Safety Doors innovations for fare collection.
• Teledaktar Telemedicine platform providing free quality medical consultations to rural and remote Bangladesh through a video portal connecting patients with qualified Dhaka-based doctors, with automatic prescription generation and digital medical history storage.
• Sdoc Document management system promoting paperless operations with OCR text extraction, No-SQL MongoDB indexing, FTP server storage, and secure remote access for organizations.
• SMART Enterprise Cloud-ready integrated software solution automating enterprise back-office functions including HR management, payroll, fund management, fixed assets, inventory, vehicle management, and finance and accounting.

Quantifiable outcome

• Container dwell time reduced by 70% at Chattogram Port
• +4 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature11 records

Partnerships

Five partnerships are on record, tiered core, strategic and minor.

• TemenoscoreTechnology or IntegrationDataSoft is the local implementation partner of Temenos T24 in Bangladesh, one of the world's most popular banking applications. DataSoft has an in-house expert team of technical and business consultants for T24 Core Banking Solution implementation. Six prominent private banks in Bangladesh currently use this solution.
• SUST (Shahajalal University of Science and Technology)strategicStrategic or Co-development PartnerCollaboration with Institute of Information Technology (IICT) at SUST marking a major step in technology innovation through fusion of DataSoft NEXT's technology expertise and SUST's research skills. Collaboration aimed at fostering excellence in AI technology.
• RUET (Rajshahi University of Engineering and Technology)minorStrategic or Co-development PartnerDataSoft NEXT is in the process of establishing MoU with RUET to boost technological prowess in AI development.
• JU (Jahangirnagar University)minorStrategic or Co-development PartnerDataSoft NEXT is in the process of establishing MoU with JU to boost technological prowess in AI development.
• Diagnostic Centers and PharmaciesminorStrategic or Co-development PartnerPartnerships with diagnostic centers and pharmacies to enable provision of prescribed medication and discounted medical test facilities for Teledaktar telemedicine platform.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Mambu: Cloud-native core banking SaaS targeting microfinance and emerging-market lenders. A direct global competitor to MicroFin360 NEXT and Co-op360 in the microfinance and cooperative banking software category.

Broad incumbents

• Temenos: Global core banking software vendor whose T24 platform DataSoft implements in Bangladesh. Both sell banking software to financial institutions; DataSoft is the regional implementation partner but also competes for adjacent banking software wallet share.
• Oracle Financial Services Software: Global incumbent vendor of core banking, AML, and e-KYC software for banks. Competes with DataSoft's Temenos T24 implementations, AML Suite, and Next e-KYC at the higher end of the Bangladesh private banking market.
• Infosys (Finacle): Indian IT services major with Finacle core banking product, a global competitor to Temenos T24 in Bangladesh and other emerging markets. Represents the broader global IT services / banking software competition DataSoft faces when scaling internationally.

Regional players

• Nagad: Bangladesh Post Office-backed mobile financial services platform. Comparable as a domestic financial-inclusion player targeting the same unbanked user base that MicroFin360's 13.5M borrowers sit within.
• bKash: Largest mobile financial services platform in Bangladesh. Both operate Bangladesh-anchored financial inclusion platforms serving unbanked and underbanked populations, though bKash is consumer-facing mobile money while DataSoft is B2B MFI/banking software.
• Brain Station 23: Leading Bangladeshi software development and IT services firm. Comparable as a homegrown Bangladesh-headquartered IT services and product company of similar scale competing for enterprise and international software contracts.
• Pathao: Bangladesh super-app spanning mobility, delivery, and digital payments. Both are prominent Bangladesh-built tech brands expanding into adjacent digital services and competing for the same talent pool and government digital contracts.
• Grameenphone: Bangladesh's largest telco with mobile money and digital services. Both serve Bangladeshi financial inclusion and digital transformation initiatives, with overlapping reach into rural unbanked segments.
• IFIC Avenir (Bangladesh fintech / IT peers): SSL Wireless / related Bangladesh fintech and payment infrastructure providers. Comparable as domestic payment and remittance infrastructure players competing with DataSoft's Remit365 and Pay365 in the Bangladeshi market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/datasoftbd
• LinkedInlinkedin.com/company/datasoft-systems-bangladesh-limited

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 DataSoft Systems