Trust Fintech Limited, a leading financial technology solutions provider based in Nagpur, has secured a significant international order through its wholly-owned US subsidiary TFL TECH INC, demonstrating its expanding global presence in the fintech sector.

Deal Overview

The contract has been awarded by Internet Soft Inc, a Delaware-based company in the United States, for the implementation of Core Banking System (CBS) and Loan Origination System (LOS) for a Credit Union in the USA. The systems will be implemented on a Software as a Service (SAAS) basis, a model increasingly preferred for its scalability, flexibility, and cost-effectiveness.

The total order value is USD 820,000, which translates to approximately ₹6.97 crore (at an exchange rate of USD 1 = INR 85). The project duration is spread over 60 months, or 5 years, making it a long-term engagement that underscores client trust and confidence in the capabilities of Trust Fintech and its subsidiary.

Nature of the Transaction

This contract falls within the category of a related party transaction, as it has been received by TFL TECH INC, USA, the wholly-owned subsidiary of Trust Fintech Limited. Importantly, the deal is being executed on an arm’s length basis, ensuring that the commercial terms mirror those of a fair market transaction, and comply with applicable legal and regulatory standards.

Such clarity in structuring the agreement strengthens investor confidence and promotes transparent corporate governance.

Business and Strategic Significance

This deal has several implications:

• Reinforces Global Footprint: It strengthens Trust Fintech’s footprint in the North American market, which is among the most competitive and rewarding in the fintech domain.

• Showcases SAAS Capabilities: By delivering CBS and LOS through the SAAS model, Trust Fintech aligns itself with current global technology trends, which are shifting away from on-premise infrastructure to cloud-native and subscription-based services.

• Supports Revenue Visibility: The five-year tenure of the contract provides predictable revenue visibility, supporting long-term growth planning and resource allocation.

About the Solutions Being Implemented

Core Banking System (CBS):
CBS is an essential platform used by banks and financial institutions to handle banking operations such as account management, customer data, transactions, deposits, and withdrawals. Trust Fintech’s CBS offering is known for its modularity, compliance capabilities, and seamless integration.

Loan Origination System (LOS):
LOS is used to automate and manage the loan lifecycle from application to disbursement and post-disbursement monitoring. Trust Fintech’s LOS solutions help financial institutions streamline lending operations, reduce processing time, and enhance customer experience.

By offering both platforms in a SAAS format, Trust Fintech ensures rapid deployment, minimal infrastructure overhead for the client, and flexible scaling options.

Future Outlook

With this new order, Trust Fintech continues to prove its credibility in delivering high-quality fintech solutions internationally. The company is strategically focused on expanding its reach through digital transformation services and SAAS platforms, aligning with global market demand.

The association with Internet Soft Inc is likely to pave the way for further opportunities in the U.S. market, especially among credit unions and small financial institutions seeking modern, compliant digital banking systems.

Furthermore, such contracts enhance Trust Fintech’s brand recognition, especially in mature and regulated markets like the United States. The long-term engagement not only adds to revenue stability but also builds a portfolio of proven implementations that can be leveraged for future bidding.

Conclusion

Trust Fintech Limited’s ₹6.97 crore order win via its US subsidiary is a testament to the company's global competitiveness, technical excellence, and strategic vision. The CBS and LOS implementation on SAAS model in the USA signals a major milestone in the company’s international growth journey.

This development is expected to positively impact investor sentiment, enhance the company's global positioning, and serve as a gateway for additional contracts in the North American region.

Stay tuned for more updates on Trust Fintech’s expanding international projects, strategic partnerships, and innovations in banking technology.

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