DataSoft signs with leading fintech company Nepal Finsoft Company Ltd to implement microfinance core banking solution www.microfin360.com.
Thirty-four Microfinance Institutions (MFIs) have come together to invest in an IT company—Nepal Finsoft Limited—to launch a world-class core banking and management information system (MIS) solutions platform.
Finsoft CEO Mr. Yuvraj Thapa and DataSoft Director and COO M Manjur Mahmud signed the agreement from both party. This agreement gives Finsoft the opportunity to automate it’s members with cloud based microfin360.
It may be mentioned that microfin360 is the premium cloud based platform with partners in 11 countries and 127 microfinance institute with about 5500 MFI branches having 10.26 million unique borrowers with a portfolio valued more that 1.6 billion USD.
Experts believe , this is the first large scale Software product signing between Bangladesh and Nepalese companies and this will open up possibilities to collaborate between two neighbors even in bigger and complex product and services .