InfoDevelopers
InfoDevelopers is a Nepal-based fintech and IT services company founded in 2002 that builds core banking systems, mobile banking, and productivity software for banks, cooperatives, microfinance institutions, and government agencies across Nepal.
- Company typePrivate
- Founded2002
- HeadquartersLalitpur, India
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What InfoDevelopers does
InfoDevelopers Pvt. Ltd., founded in 2002 and headquartered in Sanepa, Lalitpur, Nepal, is a privately held fintech and IT services company that builds software for banks, financial institutions, cooperatives, microfinance institutions, government agencies, and enterprises in Nepal. The company operates with 350+ employees across headquarters and regional offices in Pokhara and Itahari, supplemented by channel partners Narayani Infosys (Birgunj) and Ankur Infotech (Butwal).
Its product portfolio centers on three core banking systems — Pumori Enterprise (commercial banks and financial institutions, with SWIFT integration and 99.99% uptime), Infinity (cooperatives and microfinance, with KYM management and cooperative-specific reporting), and mDabali Next Gen (mobile banking with QR, eKYC, and multilingual support) — plus productivity solutions (Budget 360 with ML-based forecasting, CRS for multi-source reconciliation via RPA, HRIS for HR/payroll, and NFRS 16-compliant CMS). It also delivers government IT products including Audit Management, Citizenship Information, and Online Recruitment systems. Technology spans .NET, Java, Python, Node.js, React, Angular, PostgreSQL, SQL Server, MySQL, Oracle, and cloud services including Managed Kubernetes, Backup as a Service, and Disaster Recovery.
InfoDevelopers generates revenue through one-time software licensing and implementation, managed cloud services, professional services for IT consulting and custom development, and government IT contracts. Go-to-market is enterprise field sales targeting BFI and government buyers with consultative quote-based pricing. The company claims 1500+ clients, 34 named BFIs, and 22+ years of domain expertise in Nepal's regulatory and cooperative ecosystem.
InfoDevelopers firmographics
Firmographics- Name
- InfoDevelopers
- Legal name
- Info Developers Pvt. Ltd.
- Website
- https://infodev.com.np
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- InfoDevelopers is a Nepal-based fintech and IT services company founded in 2002 that builds core banking systems, mobile banking, and productivity software for banks, cooperatives, microfinance institutions, and government agencies across Nepal.
- Ownership category
- akta.pro rank
InfoDevelopers industry classification
Industry- Product category
- Banking & Financial Software
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI)
- akta.pro secondary industry
- SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM)
Keywords
Where InfoDevelopers is headquartered
LocationHeadquarters
- HQ city
- Lalitpur
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
InfoDevelopers business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licensing & Implementation: InfoDevelopers generates revenue through licensing of their proprietary fintech and productivity software products including Core Banking Systems (Infinity, Pumori Enterprise), Mobile Banking (mDabali), and enterprise solutions (Budget 360, CRS, HRIS, CMS). Implementation services and customization are bundled with product deployments at banks, financial institutions, and enterprises.
- Managed Cloud Services: Revenue from cloud migration, deployment, and continuous management services including Container Orchestration, Managed Kubernetes, VPS hosting, Firewall services, Backup as a Service, and Disaster Recovery services.
- IT Consultancy & Custom Development: Professional services revenue from IT strategy development, system integration, digital transformation consulting, and custom software development using AI, ML, and blockchain technologies.
- Government IT Services: Digital governance solutions including Audit Management System, Company Administration Management System, Centralized Citizenship Information Management System, and other government-specific applications.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
InfoDevelopers product offering
Product offeringCore offering
InfoDevelopers develops, licenses, and implements proprietary fintech and productivity software for banks, financial institutions, cooperatives, microfinance institutions, and government agencies in Nepal. Its portfolio includes core banking systems (Infinity, Pumori Enterprise), a mobile banking platform (mDabali Next Gen), reconciliation, budgeting, HR, and contract management tools, along with custom software development, managed cloud services, and IT consultancy.
Product overview
InfoDevelopers offers a comprehensive fintech and productivity solutions portfolio centered around core banking systems and government IT services. The core fintech products include mDabali Next Gen (mobile banking platform), Infinity (core banking for Cooperatives and Microfinance), and Pumori Enterprise (full-featured banking system for Banks and Financial Institutions). Productivity solutions encompass Budget 360 (budget management), HRIS (human resource management), CMS (contract/lease management), and CRS (comprehensive reconciliation system). Additionally, InfoDevelopers provides government-focused products including Audit Management System, Company Administration System, Citizenship Information System, Online Recruitment System, Police Clearance System, and Industrial Information System. The company also offers custom software development, managed/cloud services, IT consultancy, and government IT services.
Differentiator
Problem solved
Functional benefit
Brands
- mDabali Next Gen: Advanced mobile banking platform offering convenient and secured access to banking services via mobile devices, integrating online and offline payment services.
- Infinity
- Pumori Enterprise
- CRS (Comprehensive Reconciliation System)
- Budget 360
- CMS (Contract Management System)
- HRIS (Human Resource Information System)
Products and services
- Infinity Core Banking System
Quantifiable outcome
- 34 Banks and Financial Institutions served
- +5 more outcomes
Companies that use InfoDevelopers
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles3 records
InfoDevelopers technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability3 records
Feature7 records
InfoDevelopers partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered major, core and minor.
- NMB BankmajorInfoDevelopers and NMB Bank signed agreement to implement the Comprehensive Reconciliation System (CRS). The partnership aims to streamline reconciliation processes, enhance operational efficiency, and strengthen financial management by bringing greater accuracy, transparency, and speed to transactions. This collaboration marks a significant milestone in advancing reconciliation practices within Nepal's banking sector.
- Kumari BankmajorInfoDevelopers and Kumari Bank signed agreement for implementation of Budget 360 (Budget Management Information System). The collaboration marks a significant milestone in advancing digital transformation and modernizing financial management practices within the banking sector. Budget 360 will enable streamlined budgeting operations, strengthened financial planning, improved budget monitoring, and smarter resource management.
- Everest BankmajorInfoDevelopers and Everest Bank signed agreement for implementation of Comprehensive Reconciliation System (CRS). The partnership will enable the bank to streamline reconciliation operations, improve transaction accuracy, increase operational efficiency, and strengthen overall financial management processes through greater speed, reliability, and automation.
- Kavre District Cooperative Federation (काभ्रे जिल्ला संघ)coreInfoDevelopers and Kavre District Cooperative Federation entered a strategic partnership to provide software and services to cooperatives in Kavre district. The partnership aims to digitize cooperatives, maintain good governance, and support 'Digital Nepal' and 'Coop Vision 2030' initiatives. This follows InfoDevelopers' 21-year history of serving the cooperative sector.
- National Cooperative Federation of Nepal (राष्ट्रिय सहकारी महासंघ)coreNational Cooperative Federation of Nepal participated in the strategic partnership agreement with InfoDevelopers and Kavre District Cooperative Federation. The Federation's Managing Director, Chitra Kumari Thamsuhang Subba, stated that the partnership will serve cooperatives under the federation in digitization and contribute to Coop Vision 2030.
- Narayani InfosysminorNarayani Infosys (Aadarsnagar-10, Birgunj, Tel: 051-418725) is a channel partner serving as a reseller/distributor for InfoDevelopers' products in the Birgunj region.
- Ankur Infotech Pvt. Ltd.minorAnkur Infotech (Butwal-10, Rupendehi, Tel: 071-438585) is a channel partner serving as a reseller/distributor for InfoDevelopers' products in the Butwal region.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
InfoDevelopers competitors and assessment
Company assessmentBroad incumbents
- Temenos: Global leader in core banking software serving banks and financial institutions worldwide. Comparable because both sell packaged core banking platforms (Infinity/Pumori Enterprise vs. Temenos T24) to regulated financial institutions, though Temenos operates at vastly greater scale across mature and emerging markets.
- Oracle Financial Services Software: Major vendor of banking, lending, and treasury software for banks and financial institutions globally. Comparable because it competes in core banking, analytics, and regulatory reporting — overlapping with InfoDevelopers' Pumori Enterprise and Budget 360 — but Oracle targets large multinational banks while InfoDevelopers focuses on Nepalese BFIs and cooperatives.
- Finastra: Large global provider of banking and financial software including core banking, lending, payments, and reconciliation. Comparable as a direct competitor in the core banking and financial reconciliation space (overlap with InfoDevelopers' Pumori and CRS products), but Finastra serves tier-1 global banks with much broader portfolios.
- TCS (Banking Platform BaNCS): Global IT services giant with a dedicated banking product unit (BaNCS) covering core banking, lending, payments, and wealth. Comparable as a vendor that can compete end-to-end for large bank transformation deals, though it operates at vastly greater scale and is more often a system integrator than a packaged software specialist.
Direct peers
- Nucleus Software Exports: India-based vendor of lending, transaction banking, and core banking software to banks and NBFCs. Comparable as a closely aligned peer providing packaged core banking and lending products to emerging-market financial institutions, with similar customer profiles (mid-tier banks, cooperatives, microfinance) and a comparable revenue scale.
- C-Edge Technologies: Joint venture between TCS and State Bank of India providing core banking solutions to Indian and South Asian cooperative and regional rural banks. Directly comparable as a regional core banking specialist targeting cooperatives and small/mid-tier banks — the same customer profile InfoDevelopers serves with Infinity.
- Path Solutions: Provider of Islamic and conventional core banking software for banks and financial institutions, with strong presence in the Middle East, Africa, and South Asia. Comparable as a niche core banking vendor serving BFIs in emerging markets, often competing for the same tier of mid-sized banks that InfoDevelopers targets.
- BPC Banking Technologies: Provider of digital banking, payments, and card management software to banks and financial institutions across emerging markets. Comparable as a peer offering payments, mobile banking, and switching/reconciliation technology — directly overlapping with InfoDevelopers' mDabali, CRS, and payment gateway integrations.
- Infrasoft Technologies: India-headquartered provider of core banking, digital banking, and anti-money laundering solutions to banks in Asia, Africa, and the Middle East. Comparable as a direct competitor selling packaged core banking and digital channels to emerging-market BFIs, overlapping heavily with Pumori Enterprise and mDabali.
Regional players
- Midas Tech: Turkey-based provider of core banking, digital channels, and regulatory reporting software primarily to Turkish and regional banks and cooperatives. Comparable as a niche core banking vendor with a similar product scope (core banking, mobile, reconciliation) targeting small and mid-tier financial institutions, though it serves a different geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
InfoDevelopers social profiles
Digital presenceInfoDevelopers financial estimates
Financial estimateRevenue estimate
Valuation estimate
InfoDevelopers leadership team
Management profileNumber of profiles
Profiles6 records
InfoDevelopers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InfoDevelopers 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 InfoDevelopers
What does InfoDevelopers do?
InfoDevelopers develops, licenses, and implements proprietary fintech and productivity software for banks, financial institutions, cooperatives, microfinance institutions, and government agencies in Nepal. Its portfolio includes core banking systems (Infinity, Pumori Enterprise), a mobile banking platform (mDabali Next Gen), reconciliation, budgeting, HR, and contract management tools, along with custom software development, managed cloud services, and IT consultancy.
Is InfoDevelopers a public or private company?
InfoDevelopers is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was InfoDevelopers founded?
InfoDevelopers was founded in 2002. It employs 251 to 500 people.
Where is InfoDevelopers based?
InfoDevelopers is headquartered in Lalitpur, India, in the Asia region.
How does InfoDevelopers make money?
Four revenue lines are on record. Software Licensing & Implementation is the primary driver. The others are managed Cloud Services, IT Consultancy & Custom Development and government IT Services.
Who are InfoDevelopers's main competitors?
Broad incumbents on record are Temenos, Oracle Financial Services Software, Finastra and TCS (Banking Platform BaNCS). Direct peers are Nucleus Software Exports, C-Edge Technologies, Path Solutions, BPC Banking Technologies and Infrasoft Technologies. Midas Tech is listed as a regional player.
Does InfoDevelopers have an API?
No public API is recorded for InfoDevelopers.
What industry is InfoDevelopers in?
InfoDevelopers's product category is Banking & Financial Software. Its primary akta.pro industry code is FSAGAAAI, SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations), with a secondary code of FSAGAJAM, SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning). Its NAICS code is 5132 and its SIC code is 7372.