Rs 700 Crore Order Book: This Fintech Solution Company Extends Strategic Tie-Up With UAE-Based Deem Finance To Drive AI-Powered Lending Transformation Across GCC Region
The stock has delivered a one-year return of -38.81 per cent and a three-year return of 80.49 per cent.
Nucleus Software, a leading company in digital lending and transaction banking solutions, has announced the extension of its partnership with Deem Finance LLC, a leading consumer finance company in the United Arab Emirates. The collaboration is to implement FinnOne Neo Collections, a platform for digital collections transformation using AI-driven analytics and automation. The program is designed to enhance the operational efficiency, risk management, and customer engagement of Deem Finance.
Chris Taylor, CEO of Deem Finance, stressed the significance of adopting the latest AI-based strategies to address changing market requirements. Vishnu R. Dusad, Managing Director & Co-founder at Nucleus Software, stressed that the partnership will play a key role in driving the digital transformation of the financial services industry, which will be in line with Nucleus Software's vision of building future-ready solutions. This partnership is a clear demonstration of Nucleus Software's dominance in financial technology as well as its ability to deliver cutting-edge financial solutions to financial institutions to address future lending and collections management needs.
Nucleus Software Exports Ltd. is one of the leading companies providing lending and transaction banking solutions to the international financial services market. Nucleus Software was set up in 1986 and has so far provided its solutions to more than 200 financial institutions across 50 countries, and processes 26 million transactions every day. The lending platform of the company manages loans worth USD 500 billion in India and loans worth USD 700 billion across the globe. The company has two flagship products, FinnOne Neo, a digital lending product, and FinnAxia, an integrated global transaction banking platform.
Nucleus Software's revenue is generated mainly from the sale of products, which formed 86 per cent of revenue in FY24, with services accounting for 14 per cent. The company has a robust global footprint with major operations in India, Southeast Asia and the Middle East. Recent product releases include FinnOne Neo GA 7.0 and GA 7.5, with the improvement of digital capabilities. Nucleus Software's focus is on product development and strategic alliances to expand the company's market share in strategic regions.
As of April 15, 2025, Nucleus Software is trading at Rs 832, with a market capitalisation of Rs 2,132 crore. The stock has delivered a one-year return of -38.81 per cent and a three-year return of 80.49 per cent. It is currently trading at a Price-Earnings (PE) ratio of 14.18. The 52-week high and low stand at Rs 1,539.15 and Rs 773.35, respectively. The company has been maintaining a healthy dividend payout of 28.1 per cent
Disclaimer: The article is for informational purposes only and not investment advice.