What Polygon Technology does

Polygon Technology, legally Polygon Information & Technology Ltd, is a Dhaka-based software development company founded in 2019 that operates a hybrid business model combining custom software development services and IT staff augmentation with a portfolio of nine proprietary products. The company serves both startups and enterprises, with particular concentration in financial institutions, telecom operators, and large corporates in Bangladesh, while claiming active or past engagements across 15+ countries spanning Asia, Europe, North America, Africa, and Oceania.

The core technology stack centers on an AI-powered eKYC and digital onboarding platform that integrates computer vision (facial recognition, liveness detection), optical character recognition (OCR) for identity document extraction, anomaly detection for document fraud, voice biometrics, and cross-referencing against government databases for KYC/AML compliance. This is supplemented by a broader product suite spanning payment infrastructure (Polygon E-Wallet, Polygon Payment Gateway), enterprise operations (Offline Sales Tracker & Campaign Solution, Visitor Management System, IP Log Server), education technology (Learning Management System), and cybersecurity (Attack Simulation & Security Training Platform).

The revenue model blends professional services—project-based software development, IT staff augmentation, UI/UX design, software maintenance, and product consultancy—with subscription or license revenue from proprietary products. Pricing is quote-based and not publicly disclosed, and distribution relies on direct enterprise sales with consultative engagement supported by content marketing via a technical blog and social channels. Notable enterprise clients include bKash (Bangladesh's only unicorn with 50 million active users and 80% mobile payments market share), Grameenphone (83M+ subscribers), City Bank, Prime Bank, AB Bank, Ranks Petroleum, Berger, Pran, Hishab, and BRAC's Sajaan initiative. The company is privately held with no disclosed institutional investors and appears to be bootstrapped based on available sources.

Name

Polygon Technology

Legal name

Polygon Information & Technology Ltd

Website

https://polygontechnology.io

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Polygon Technology is a Dhaka-based software firm offering AI-powered proprietary products—including eKYC, digital onboarding, payment, and cybersecurity solutions—alongside custom software development and IT staff augmentation for startups, banks, telcos, and enterprises globally.

Ownership category

akta.pro rank

Product category

Custom Software Development

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

ERP Implementation & Systems Integration Services (BPAEAGAA)

Keywords

• Custom software development
• IT staff augmentation
• EKYC solutions
• Digital onboarding
• Fintech software products

Headquarters

HQ city

Dhaka

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 Development Services: End-to-end software development from ideation to product market fit, including UI/UX design, agile development, and continuous improvement based on user feedback and analytics
2. IT Staff Augmentation: Providing tech talent to clients for project-based or ongoing development needs
3. Software Products: Proprietary software products including eKYC, digital onboarding, e-wallet, payment gateway, LMS, and cybersecurity solutions
4. Product Consultancy: Consulting services for product strategy, market research, and startup team building

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Polygon Technology provides AI-powered custom software development services and a portfolio of nine proprietary software products. Its services include end-to-end software development, IT staff augmentation, UI/UX design, and software maintenance for startups and enterprises. Its products cover eKYC identity verification, digital onboarding, e-wallet, payment gateway, offline sales tracking, IP logging, learning management, visitor management, and phishing simulation/security training, with particular focus on financial services compliance.

Product overview

Polygon Technology is a software development company offering a portfolio of nine distinct products across financial services, identity verification, enterprise operations, and cybersecurity. The core offering centers on eKYC and Digital Onboarding solutions for identity verification and regulatory compliance in the fintech sector, complemented by financial products (Polygon E-Wallet, Polygon Payment Gateway) and operational tools (Offline Sales Tracker, IP Log Server, Visitor Management System, Ed-Tech LMS). The Attack Simulation & Security Training Platform addresses cybersecurity awareness. These products serve both startups and enterprises, with capabilities in biometric verification, AI-driven document processing, and secure digital transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• EKYC Solution Electronic Know Your Customer solution providing AI-driven identity verification through OCR, biometric authentication, liveness detection, and government database cross-referencing for KYC/AML compliance. Targeted at financial institutions and enterprises requiring digital identity verification.
• Digital Onboarding Solution Remote customer onboarding platform enabling account registration and identity verification through document upload, biometric checks, and multi-factor authentication without physical branch visits. Targeted at banks, fintechs, and enterprises onboarding customers digitally.
• Polygon E-Wallet Digital wallet solution for electronic payments, money transfers, and financial transactions with secure identity verification integration. Targeted at financial service providers and merchants requiring digital payment acceptance.
• Polygon Payment Gateway Payment processing solution enabling secure online transactions and merchant payment acceptance. Targeted at merchants, fintechs, and enterprises requiring payment infrastructure.
• Offline Sales Tracker & Campaign Solution Sales tracking and campaign management solution for monitoring offline retail operations and marketing activities. Targeted at retail and FMCG distributors running field sales forces.
• Polygon IP Log Server Server solution for logging and managing IP addresses for tracking, security, and compliance purposes. Targeted at IT and security teams needing network access visibility.
• Polygon Ed-Tech | Learning Management System (LMS) Educational technology platform providing learning management system capabilities for online education and training delivery. Targeted at educational institutions and corporate training departments.
• Polygon Visitor Management System System for managing and tracking visitor check-ins, identity verification, and access control for facilities. Targeted at corporate offices and enterprises with physical visitor flows.
• Attack Simulation & Security Training Platform Cybersecurity platform providing phishing attack simulation and security awareness training for organizations to test and improve employee security posture. Targeted at enterprise security teams.
• Software Development Service End-to-end custom software development covering ideation, market research, UI/UX design, agile development, and continuous improvement. Targeted at startups and enterprises needing bespoke software products.
• IT Staff Augmentation Service Remote staff augmentation providing developers, engineers, and tech talent to client projects on a project-based or ongoing basis. Targeted at enterprises and mid-market organizations needing specialized tech capacity.
• UI UX Design Service UI/UX design service for digital products, covering interface design and user experience optimization. Targeted at startups and enterprises launching or refreshing software products.
• Software Maintenance Service Ongoing software maintenance to ensure longevity and optimal performance of client applications, including bug fixing, updates, and performance optimization. Targeted at enterprises operating production software products.
• Build Your Tech Team Service for assembling dedicated technology teams for clients, focused on startup team building and dedicated engineering capacity. Targeted at startups and enterprises needing to stand up dedicated tech teams.

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature9 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Brain Station 23: Bangladesh-based software development and IT services firm with a similar mix of custom development, staff augmentation, and enterprise products. Directly comparable in geography, size, and B2B services-plus-product model.
• VentureDive: Pakistan-headquartered technology services and product company offering custom software development and proprietary fintech/digital products. Closely mirrors Polygon's services-plus-product dual motion in a neighboring South Asian market.
• Geniusee: Eastern European IT services company combining custom software development, dedicated teams/staff augmentation, and packaged products for fintech and enterprise clients. Comparable business model and mid-market segment focus.
• HQSoftware: Estonian software development and IT services firm offering custom development, dedicated teams, and industry-specific products including IoT and fintech solutions. Similar delivery model and product-services hybrid.
• Aalpha Information Systems: India-based IT services and product engineering company serving startups and enterprises with custom software, dedicated teams, and proprietary platforms. Directly comparable in service catalog and target customer profile.
• Orangesoft: Mobile and web app development company providing custom software, dedicated development teams, and ready-made products for healthcare and fintech. Comparable services-plus-products model.
• Arcanys: Philippines-based IT staff augmentation and custom software development firm serving European and US clients with dedicated engineering teams. Directly comparable staff augmentation motion.
• Peerbits: India-based software development company offering web and mobile development, dedicated teams, and ready-made products. Comparable in services catalog and B2B enterprise customer focus.

Regional players

• Saigon Technology: Vietnam-based IT outsourcing and software development firm offering staff augmentation, custom development, and product engineering. Comparable offshore delivery model but operates primarily from Southeast Asia.

Broad incumbents

• Tata Consultancy Services: Global IT services and consulting leader offering IT staff augmentation, custom development, and enterprise software products across all verticals. Represents the large incumbent benchmark against which mid-sized IT services firms compete for enterprise deals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@polygontechnologylimited
• Facebookfacebook.com/polygontechlimited
• LinkedInlinkedin.com/company/polygontechnology
• Instagraminstagram.com/polygontechnologylimited

Revenue estimate

Valuation estimate

Number of profiles

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 Polygon Technology