What Technomedia does

Technomedia Limited (TML) is a Bangladesh-based banking technology distributor and managed services provider headquartered in Dhaka. Founded in 2001 as an ICT company, the company entered the banking industry in 2005 through a distribution partnership with NCR Corporation's Systemedia Division and has since grown into one of the country's primary channels for NCR ATM, BRM (Bill Recycler Machine), and CDM (Cash Deposit Machine) hardware, alongside SUNYARD and MAXIMUS POS terminals and CIM card personalization systems.

The company's product portfolio centers on the NCR SelfServ ATM family (models 21, 22, 22e, 23, 25, 27, 61 Recycler, 62 Recycler, 64 Recycler, SE Cash) for cash deposit, dispense, and recycling, supplemented by mobile POS terminals and Pro Series card personalization equipment. Supporting software includes the in-house Chequeprint system for MICR cheque book production, which the company states holds approximately 70% market share in Bangladesh, and AVANZA-powered switching and debit card management implementations. Technomedia has delivered roughly 10,000 NCR banking terminals and supports more than 11,000 units in active service across the country.

Technomedia operates an enterprise field sales model targeting Bangladesh's scheduled banks, monetizing through a combination of hardware sales (ATM, BRM, CDM, POS), recurring managed services (24/7 help desk, remote monitoring, SLA-based field engineering, consumables and spare parts management), card personalization services, and cheque book production. A technical workforce of 250+ certified engineers, including NCR EMV-certified staff, provides nationwide service coverage for customers including Dutch-Bangla Bank, HSBC Bangladesh, Standard Chartered, BRAC Bank, Islami Bank Bangladesh, City Bank, NCC Bank, and other scheduled banks. The company is privately held, founder/management-led, with no disclosed institutional investors or capital raise activity in the available data.

Name

Technomedia

Legal name

Technomedia Limited

Website

https://technomedia-ltd.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Technomedia Limited is a Bangladesh-based banking technology distributor and managed services provider, supplying and servicing NCR ATM/BRM/CDM equipment, POS terminals, card personalization systems, and cheque book production for scheduled banks across Bangladesh.

Ownership category

akta.pro rank

Product category

Banking Technology Services

NAICS

Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118)

SIC

Wholesale-Electronic Parts & Equipment, Nec (5065)

akta.pro primary industry

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

Keywords

• ATM banking equipment
• Cash recycling solutions
• POS terminal support
• Card personalization systems
• Cheque book production

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. ATM/BRM/CDM Hardware Sales: Sale and distribution of NCR SelfServ ATM machines, cash recyclers, and related banking equipment to banks in Bangladesh.
2. ATM Maintenance and Support Services: 24/7 help desk services, remote monitoring, field engineering support, software management, consumables management, expert maintenance, updates and repairs for ATM networks.
3. POS Terminal Sales and Support: Sale and service of SUNYARD and MAXIMUS brand POS terminals with 24/7 support.
4. Card Personalization Services: CIM brand card personalization support and services for financial institutions.
5. Cheque Book Production: Cheque printing and production with MICR characters onto high security base stationery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Technomedia Limited distributes, deploys, and services NCR SelfServ ATM, BRM, and CDM hardware along with SUNYARD and MAXIMUS POS terminals and CIM card personalization systems for banks in Bangladesh. The company delivers end-to-end banking technology solutions including equipment supply, installation, 24/7 help desk support, remote monitoring, software management, consumables management, and field engineering maintenance backed by 250+ certified engineers. It also produces cheque books with MICR characters through its Chequeprint system, holding approximately 70% market share in Bangladesh.

Product overview

Technomedia Limited (TML) is a Bangladesh-based total banking solutions provider distributing, deploying and maintaining NCR Corporation ATM/BRM/CDM hardware, SUNYARD POS terminals, and CIM card personalization systems. The product portfolio centers on NCR SelfServ ATM models (SelfServ 21, 22, 22e, 23, 25, 27, 61 Recycler, 62 Recycler, SE Cash) for cash deposit, dispense and recycling, SUNYARD i80 Android mobile POS terminals for merchant payment processing, and Pro Series card personalization equipment (Multifeeder 6000, Embosser 2000, Thermal 2000-2000C). Supporting software includes Chequeprint for cheque MICR printing (~70% market share) and internal office systems (Call System, Bill System, Leave System, Inventory, TMS). Services include 24/7 help desk, remote monitoring, software management, and consumables management delivered by a 250+ engineer team across Bangladesh.

Differentiator

Problem solved

Functional benefit

Products and services

• NCR SelfServ ATM Series

Quantifiable outcome

• Supporting 11000+ ATM/BRM/CRM/CDM units
• +2 more outcomes

Named customers18 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• NCR Corporation USAcoreTechnology or IntegrationStrategic alliance as authorized distributor of NCR Corporation USA, representing Systemedia Division, Financial Service Division, and Payment System Solution. Technomedia is one of the pioneer distributors of NCR in Bangladesh.
• AVANZA SolutionscoreTechnology or IntegrationStrategic alliance for switching software solutions. Implemented Switching Software Solution with Debit Card Management System in NCC Bank Ltd.
• CIMcoreTechnology or IntegrationCard personalization technology partner providing CIM brand systems for low to high volume credit card issuance and plastic card printing.
• SUNYARDcoreTechnology or IntegrationPOS terminal technology partner providing SUNYARD i80 Android Mobile Terminals with 24/7 support services.
• MAXIMUScoreTechnology or IntegrationPOS terminal technology partner providing MAXIMUS brand POS support and services with 24/7 coverage.

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Euronet Worldwide: Global operator of ATM networks, POS processing, and digital payment services. Comparable as a broad incumbent in ATM deployment, managed services, and merchant acquiring — the same end-to-end banking technology value chain Technomedia addresses in Bangladesh.
• NCR Atleos: ATM-focused spin-off of NCR Corporation (2023) and the OEM whose hardware Technomedia distributes and services. Comparable as the global incumbent whose product roadmap, channel economics, and direct-service expansion directly affect Technomedia's competitive position.
• Diebold Nixdorf: Global manufacturer and managed-services provider for ATMs, POS, and banking self-service hardware. Competes head-to-head with NCR (Technomedia's principal vendor) and provides comparable end-to-end banking hardware, software, and services that Technomedia offers at country level.
• FIS (Fidelity National Information Services): Global provider of banking software, payment processing, and card issuance solutions. Comparable at the technology-stack level — Technomedia implements switching software and card management systems (e.g., AVANZA at NCC Bank) alongside hardware distribution.

Regional players

• CMS Info Systems: India's largest cash management and ATM managed services company. Provides ATM cash replenishment, maintenance, and managed services to banks — directly comparable to Technomedia's ATM deployment, SLA-based maintenance, and consumables management business model.
• Hitachi Payment Services: India-based ATM managed services and cash recycling company. Operates one of the largest Brown Label ATM networks in India and is a comparable regional peer for ATM deployment, cash management, and bank-outsourced ATM services like Technomedia's Bangladesh operations.

Direct peers

• AGS Transact Technologies: India-headquartered managed services provider for ATMs, POS terminals, and cash management. Operates an integrated distribution-and-service model across banks that closely mirrors Technomedia's NCR-based ATM/POS distribution and 24/7 field engineering business in Bangladesh.

Others

• Glory Global Solutions: Global supplier of cash handling, cash recycling, and automation technology for banks and retailers. Comparable as an adjacent ecosystem vendor in the cash recycler and ATM hardware supply chain that Technomedia operates in as a distributor and service provider.
• Brink's: Global cash-in-transit, ATM cash replenishment, and valuables logistics provider. Comparable as an adjacent ecosystem participant providing cash management services that complement Technomedia's ATM hardware and maintenance offering for Bangladesh banks.

Emerging players

• Vortex Engineering: Indian ATM manufacturer specializing in ruggedized, low-cost cash recyclers and deposit machines for emerging markets. Comparable as an emerging-market-focused ATM hardware and managed services player serving similar South Asian bank customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/technomedialimited
• LinkedInlinkedin.com/company/technomedia-limited

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 Technomedia