Qbrik Information Technologies

What Qbrik Information Technologies does

Qbrik Information Technologies Private Limited is a Chennai-based, privately held fintech SaaS company founded in 2010 that builds IT solutions for regulated Indian financial institutions. Its product portfolio centers on Shakti, a cloud-based core banking platform supporting multi-cycle loan products, assets, liabilities, insurance, and pension products under a unified architecture; Qbe, a proprietary big data analytics and business intelligence engine layered on top of Shakti; and a standalone Loan Management System (LMS) for banks, microfinance institutions (MFIs), and non-banking financial companies (NBFCs). The platform addresses loan origination through servicing, GL-based daily accrual accounting with configurable Chart of Accounts, consolidated customer views, regulatory-compliant enrollment, and migration tooling from legacy systems. Qbrik's technology stack is cloud-based and SaaS-delivered, with configurable products, rules, and data filters, and an emphasis on consolidated customer 360-degree views and responsive UI.

The company's go-to-market is sales-led enterprise field sales targeting regulated financial institutions in India — including MFIs, MSME lenders, housing finance companies, vehicle finance, gold loan providers, other asset finance firms, deposit-taking NBFCs, and traditional banks. Revenue is generated through SaaS subscription fees for the LMS and core banking platform plus professional services for implementation, migration, and ongoing support; pricing is not publicly disclosed and is negotiated per client. Qbrik explicitly operates as both a Data Controller (for client primary databases and website data) and a Data Processor (for tasks executed on behalf of client financial institutions), per its October 2025 Privacy Policy. Leadership includes co-founders Bhaskar Venkateswaran (founder & CEO) and Aparna Narayanan (founder & director), with Pradeep Krishnan appointed SVP of Technology in February 2026 after more than a decade with the company.

Name

Qbrik Information Technologies

Legal name

Qbrik Information Technologies Private Limited

Website

https://qbrik.in

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Qbrik Information Technologies is a Chennai-based fintech SaaS firm that builds cloud-based core banking, loan management, and analytics software (Shakti, Qbe, LMS) for regulated Indian financial institutions including banks, MFIs, and NBFCs.

Ownership category

akta.pro rank

Product category

Banking & Lending Software

NAICS

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

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Collateral, Lien & Asset Valuation Platforms (Auto, Equipment, Real Estate) (FSAGAHAG)

Keywords

• Core banking platform
• Loan management software
• Microfinance technology
• Financial analytics software
• Fintech SaaS solutions

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Loan Management System (LMS) SaaS Subscription: Qbrik operates as a Fintech SaaS provider offering their Loan Management System to regulated financial institutions on a subscription basis. The company manages primary databases containing client end-user information and provides related services as defined by contracts with financial institutions.
2. Professional Services: The company provides implementation, migration, and support services for financial institutions transitioning from legacy systems. Privacy policy indicates they act as a Data Processor executing tasks and services as directed by client financial institutions.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Qbrik Information Technologies builds and delivers cloud-based fintech software for financial institutions. Its flagship product Shakti is a core banking platform, complemented by Qbe, a financial analytics engine, and LMS, a Loan Management System designed for banks, microfinance institutions (MFIs), and non-banking financial companies (NBFCs).

Product overview

Qbrik Information Technologies offers a unified fintech SaaS platform for the financial sector, centered around Shakti as its flagship core banking product and Qbe as its proprietary big data analytics and business intelligence engine. The portfolio also includes the LMS (Loan Management System), a cloud-based loan management SaaS solution for regulated financial institutions. These products work together to provide comprehensive banking, loan management, and analytics capabilities for financial institutions.

Differentiator

Problem solved

Functional benefit

Brands

• Shakti: Flagship core banking product featuring seamless integration of portfolio management, financial accounting, reporting and business intelligence; multi-product platform supporting assets, liabilities, insurance and pension products.
• Qbe

Products and services

• Shakti

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• 10x Banking: London-based cloud-native core banking platform built on microservices and APIs. Comparable as a newer-generation challenger targeting banks seeking to replace legacy core systems.

Direct peers

• Thought Machine: London-based cloud-native core banking technology provider whose Vault platform powers retail and wholesale banking for global banks. Comparable as a modern core banking SaaS challenging legacy lenders.
• Mambu: Berlin-based cloud-native core banking platform serving NBFCs, banks, and fintech lenders with composable banking APIs. Closest international functional peer as a SaaS-first alternative to Qbrik's Shakti platform.
• Intellect Design Arena: Chennai-headquartered financial technology provider offering core banking, lending, and digital banking suites to banks and financial institutions worldwide. Same geographic roots and closely overlapping product scope (core banking, lending, analytics).
• Newgen Software: Noida-based provider of digital transformation platforms including content services, BPM, and lending automation for BFSI customers in India and globally. Comparable Indian B2B software vendor serving banks and NBFCs.
• Nucleus Software: Noida-based provider of lending and transaction banking software (FinnOne, FinnNeo) to banks, NBFCs, and MFIs globally. Directly comparable as an Indian B2B lending platform serving the same customer base with similar use cases.
• nCino: US-headquartered cloud banking platform specializing in commercial lending, retail banking, and onboarding for financial institutions. Functionally comparable SaaS lending platform targeting banks and credit unions.

Broad incumbents

• Finastra: London-headquartered financial software provider offering core banking, lending, treasury, and capital markets solutions. Overlaps with Qbrik in lending and core banking for banks and NBFCs worldwide.
• Temenos: Swiss-listed global banking software vendor with comprehensive core banking, lending, and wealth suites. Competes with Qbrik in larger bank RFPs as a much broader, established incumbent.
• Oracle Financial Services Software: Mumbai-based subsidiary of Oracle providing banking, lending, and analytics software to large global financial institutions. Competes with Qbrik in larger bank deals as a global incumbent with extensive scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/qbrik

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 Qbrik Information Technologies