What NBFC Software does

NBFC Software is the trade name under which Cyrus Technoedge Solutions Pvt. Ltd. (incorporated 2014 under the Companies Act, 1956, registration U72900RJ2014PTC046820) operates from its Jaipur, Rajasthan headquarters. Founded by Sachin Goyal in mid-2009, the firm develops and licenses 'Loan Blaster,' a fully web-based real-time loan management application built on Microsoft .NET 4.0 (front-end) and MS SQL Server 2012 (back-end). The platform covers the full loan lifecycle — origination, underwriting, servicing, collections, foreclosure, and portfolio reporting — and is designed for multi-state, multi-branch, multi-location NBFC and microfinance operations, with multi-method EMI calculation, IP/MAC-based security, captcha/3D verification, OTP and encrypted PIN controls, and companion Android apps for agents and customers.

The product portfolio extends beyond the flagship Loan Blaster V5.0 into specialized sub-products for hire purchase, microfinance, mortgage, commercial, gold, vehicle, home, personal, business, education, career, machinery, property, and loan-against-deposits lending, alongside dedicated loan finance and loan servicing modules. The firm monetizes primarily through quote-based one-time software licensing and customization fees plus ongoing custom development, consulting, support, and maintenance services. Distribution is sales-led: direct website sales with demo/inquiry forms, supplemented by a partner/reseller network with branch representatives across 15+ countries including the USA, UK, UAE, Oman, Saudi Arabia, Brazil, Nigeria, Australia, Malaysia, Canada, Bangladesh, Sri Lanka, Philippines, and Thailand. The company reports 2,000+ clients and 3,000+ installations and holds ISO 9001:2015 certification from JAS-ANZ (member of IAF).

Name

NBFC Software

Legal name

Cyrus Technoedge Solutions Pvt. Ltd.

Website

https://nbfcsoftware.in

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

NBFC Software (Cyrus Technoedge Solutions Pvt. Ltd.) provides web-based loan lifecycle management software ('Loan Blaster') to Non-Banking Financial Companies and microfinance institutions across 15+ countries, covering origination through collections.

Ownership category

akta.pro rank

Product category

Loan Management Software

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Offshore Development Center (ODC) / Dedicated Team Services (BPAEAMAL)

Keywords

• Loan management software
• NBFC software solutions
• Microfinance lending software
• Hire purchase software
• Financial services software

Headquarters

HQ city

Jaipur

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Customization: Provides customized NBFC loan management software to clients. One-time investment model with software licensing and customization services. The company describes it as 'one-time investment' suggesting perpetual license model.
2. Software Development Services: Custom software product development and consulting services for NBFCs and financial companies. Includes ongoing support and maintenance services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

NBFC Software develops and sells Loan Blaster, a fully web-based, real-time loan management application that covers the entire loan lifecycle — origination, underwriting, servicing, collections, and portfolio reporting — for NBFCs, microfinance institutions, and hire-purchase finance companies operating across multiple states, branches, and locations. The company also provides customized software development, implementation, and ongoing support services tailored to each client's lending workflows and compliance needs.

Product overview

NBFC Software is a software development company providing loan management solutions under the Loan Blaster brand. The core offering is Loan Blaster V5.0, a fully web-based real-time loan management software designed for multi-state, multi-branch NBFCs and microfinance companies. The platform covers the entire loan lifecycle including origination, underwriting, servicing, collections, and portfolio management. The product portfolio includes specialized sub-products for different loan types (Gold Loan, Vehicle Loan, Home Loan, Personal Loan, Business Loan, Education Loan, Microfinance Loan, Mortgage Loan, Commercial Loan, Career Loan, Machinery Loan, Property Loan, Loan Against Deposits), as well as dedicated Loan Finance and Loan Servicing Software modules. The suite also includes Android mobile applications for both agents and customers. All products share a common architecture built on Microsoft .NET and MS SQL Server.

Differentiator

Problem solved

Functional benefit

Products and services

• Loan Blaster A comprehensive, fully web-based real-time loan management software for multi-state, multi-branch NBFCs and microfinance companies, covering the entire loan lifecycle from origination to collections and portfolio management reporting.
• Loan Blaster V5.0 Latest version of the Loan Blaster platform featuring multi-location support, KYC verification, automated EMI calculations, document vault, SMS/email integration, and Android mobile applications.
• Loan Management Software Cloud-based end-to-end lending application for managing loans, lines of credit, and financing arrangements, supporting loan origination, underwriting, servicing, collections, and portfolio reporting.
• Loan Finance Software Comprehensive automation solution for loan finance companies covering complete loan management, deposit handling, and account management for financial services businesses.
• Loan Servicing Software Complete loan servicing system handling payment tracking, collection activities, escrow accounting, credit reporting, investor participation, and adjustable rate mortgages for various loan types.
• Hire Purchase Software Software designed for hire purchase and auto finance companies covering entire business operations including accounts management, monitoring, and control of critical business aspects.
• Home Loan Software Web-based application for tracking, planning, and managing all aspects of home loan schedules with features for interest charge accuracy verification and flexible loan schedule management.
• Gold Loan Software Software for gold loan companies that automates loan processing, calculates premiums, tracks buyer photos, manages customer records, installment plans, payment tracking, top-up loans, and loan settlements.
• Vehicle Loan Software End-to-end vehicle loan management covering origination, approval, disbursement, EMI tracking, and collections with configurable compliance and scalable features.
• Personal Loan Software Loan payment and repayment schedule calculator for managing transactions, forecasting loan repayments, managing debt, and generating prepayment and interest rate reports.
• Business Loan Software Software for handling credit requests including term loans, lines of credit, leases, credit cards, commercial mortgages, and user-defined credit types with flexible payment options.
• Education Loan Software Educational loan management software for tracking institution information including schools, colleges, universities, training centers, and e-governance management.
• Microfinance Loan Software Microfinance software with RD and FD features for managing client data including loans, grants, investors, donors, and generating management reports for stakeholders.
• Mortgage Loan Software Flexible mortgage loan software solution for managing mortgage applications, cover letters, financial statements, home evaluations, and hardship documentation.
• Commercial Loan Software Commercial loan software designed for loan originators to manage commercial lending needs efficiently with cost-effective features.
• Career Loan Software Cloud-based career loan management platform for managing career loans, lines of credit, and financing arrangements with interest rate management capabilities.
• Machinery Loan Software Software for managing machinery loan processes including equipment information, customer details, interest calculations, down payments, and enabling quick lending decisions.
• Property Loan Software Property loan software for managing residential property dealings, capturing buyer information, and handling property loan management including online and real estate loan processing.
• Software for Loan Against Deposits Software for managing loans against fixed deposits including deposit receipt handling, interest rate management, application processing, and repayment structure creation.
• Android Application (Agents) Mobile app for agents enabling login, installment payments, account information viewing, team management, commission tracking, and business reports via Google Play.
• Android Application (Customer) Mobile app for customers allowing login, installment payments, account viewing, outstanding reports, disbursement reports, and EMI due reports.

Named customers2 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

Feature5 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Lendio: Small business lending marketplace and SaaS platform serving SMB borrowers and lending partners. Comparable in serving the small/mid-market lending ecosystem, though operates a marketplace model rather than licensed loan management software.
• Blend: Cloud-based digital lending platform serving banks, credit unions, and non-bank lenders with consumer and commercial loan origination. Comparable in modernizing loan origination workflows, though focused on consumer/mortgage rather than NBFC vertical.
• Mambu: Cloud-native core banking and lending platform serving challenger banks, NBFCs, and fintech lenders. Comparable in serving non-bank lenders, though typically targeting higher-growth, more digital-native NBFC customers than NBFC Software.

Direct peers

• Intellect Design Arena: Indian fintech software company providing lending, banking, and insurance platforms to financial institutions globally, with strong presence in NBFC and small finance bank segments. Competes head-to-head with NBFC Software for similar customers in India and emerging markets.
• Newgen Software: India-based enterprise software provider with a strong lending and loan origination suite (NewgenLOS) serving banks and NBFCs in India and globally. Comparable vertical focus on lending software with similar customer overlap in the Indian NBFC market.
• TurnKey Lender: TurnKey Lender provides end-to-end lending automation software (loan origination, servicing, collections, reporting) to NBFCs, microfinance, and small lenders globally. It is the closest direct competitor to NBFC Software's Loan Blaster in terms of target customer and product scope.

Broad incumbents

• nCino: Cloud-native bank operating system with deep loan origination and account opening functionality, primarily serving commercial banks and credit unions. Represents the cloud-native competitive threat to NBFC Software's installed base.
• Finastra: Global financial software giant offering loan origination, servicing, and core banking suites to banks and large financial institutions. Represents the broad incumbent threat from above, particularly for larger NBFC customers.
• FIS: Large-cap financial technology provider with significant loan servicing, origination, and mortgage technology offerings. A broad incumbent whose Loan Origination and Loan Management suites overlap with NBFC Software's product scope.
• Temenos: Global banking software provider with lending, origination, and servicing modules. Competes with NBFC Software in the broader lending software category, particularly for institutions requiring integrated core banking + lending.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/nbfcsoftware
• Facebookfacebook.com/nbfc-loan-management-software-385750191616401
• LinkedInlinkedin.com/company/nbfc-software

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 NBFC Software