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2024 Revenue

$31.1M

Customers

150

Funding

$129.3M

YOY

26.5%

Avg ACV

$207.4K

Team

3K

Founded

1991

How Financial Software & Systems CEO Nagaraj Mylandla grew to $31.1M revenue and 150 customers in 2024.

Provider of a SaaS-based payments technology and transaction processing software intended to deliver one stop services of the full spectrum of payments. The company's diversified portfolio of software products, along with hosted payment services and software services are delivered through an end-to-end payments suite, which powers retail delivery channels as well as critical back-end functions, including cards management, reconciliation, settlement, merchant management and device monitoring, for the wholesale and retail payments initiatives of leading banks, financial institutions, processors, merchants, governments and regulatory bodies, enabling them to process millions of transactions every day, securely and efficiently.

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Financial Software & Systems Revenue

In 2024, Financial Software & Systems's revenue reached $31.1M. The company previously reported $24.6M in 2023. Since its launch in 1991, Financial Software & Systems has shown consistent revenue growth.

Financial Software & Systems Revenue GrowthReported revenue / ARR over time$0$8M$15M$23M$30M$38M199119931995199719992001200320052007200920112013201520172019202120232024$0$19M$31MSource: GetLatka.com
YearMilestoneQuote
2024Financial Software & Systems Hit $31.1m revenue in October 2024
2023Financial Software & Systems Hit $24.6m revenue in October 2023
2021Financial Software & Systems Hit $18.6m revenue in April 2021
1991Launched with $0 revenue

Financial Software & Systems Valuation, Funding Rounds

Financial Software & Systems has not publicly disclosed its valuation. The company has raised $129.3M in total funding to date.

Financial Software & Systems has raised $129.3M in total funding across 4 rounds, with its most recent round in 2014.

Financial Software & Systems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$30M$60M$90M$120M$150M19911993199519971999200120032005200720092011201320141991 cumulative: $0 • 1991 Founded: $02000 cumulative: $2M • 1991 Founded: $0 • 2000 Funding round: $2M2004 cumulative: $12M • 1991 Founded: $0 • 2000 Funding round: $2M • 2004 Funding round: $10M2009 cumulative: $72M • 1991 Founded: $0 • 2000 Funding round: $2M • 2004 Funding round: $10M • 2009 Funding round: $60M2014 cumulative: $129M • 1991 Founded: $0 • 2000 Funding round: $2M • 2004 Funding round: $10M • 2009 Funding round: $60M • 2014 Funding round: $57M$129M1991 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2014Funding round$57M--
2009Funding round$60M--
2004Funding round$10M--
2000Funding round$2.3M--

Founder / CEO

Nagaraj Mylandla

Nagaraj Mylandla is listed as Founder / CEO at Financial Software & Systems.

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Customers

Financial Software & Systems serves 150 customers.

Financial Software & Systems Employees & Team Size

Financial Software & Systems employs approximately 3K people as of 2026, up from 2.8K in 2023. It serves 150 customers that rely on its solutions.

Financial Software & Systems Team GrowthReported headcount over time07501,5002,2503,0003,750199119931995199719992001200320052007200920112013201520172019202120232024002,9652,965Source: GetLatka.com
YearMilestone
2024Reached 3K employees (December 2024)
2024Reached 2.8K employees (October 2024)
2023Reached 2.8K employees (October 2023)
2022Reached 2.6K employees (October 2022)
2021Reached 2.6K employees (December 2021)
2021Reached 2.5K employees (April 2021)

Frequently Asked Questions about Financial Software & Systems

What is Financial Software & Systems's revenue?

Financial Software & Systems generates $31.1M in revenue.

Who founded Financial Software & Systems?

Financial Software & Systems was founded by Nagaraj Mylandla.

Who is the CEO of Financial Software & Systems?

The CEO of Financial Software & Systems is Nagaraj Mylandla.

How much funding does Financial Software & Systems have?

Financial Software & Systems raised $129.3M.

How many employees does Financial Software & Systems have?

Financial Software & Systems has 3K employees.

Where is Financial Software & Systems headquarters?

Financial Software & Systems is headquartered in Chennai, Tamil Nadu, India.

Compare Financial Software & Systems to the industry

Financial Software & Systems operates across multiple industries. Browse revenue, funding, and growth data for Financial Software & Systems in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Financial Software & Systems Revenue 2024: $31.1M ARR