Techurate Systems: Promoting Financial Inclusivity through Tailored Solutions

Techurate Systems: Promoting Financial Inclusivity through Tailored Solutions

CIO Vendor In India’s growth story, the expansion of the fintech industry is a remarkable one. Increased internet and smartphone penetration has led to greater adoption of fintech services, particularly among the underbanked and unbanked population segments. Moreover, revolutionary banking systems like digital payments, peer-to-peer lending platforms, and UPI have further boosted financial inclusion and accessibility.

The sector’s growth has also resulted from strategic collaborations between traditional banks and fintech startups which have enabled each to leverage the strengths of the other and transform services and products. However, challenges revolve around system integration and customization, cost optimizations, and navigating regulatory norms. These factors create a restrictive space like a Colosseum within which Fintech operates.

Techurate, a 2015 established fintech institution addresses these challenges through tailored solutions designed to fill the specific gaps for each bank after understanding their unique demands. “We understand that ‘one size fits all’ doesn't work in banking. We partner with banks to understand their unique challenges and aspirations through in-depth consultations.

Curated product suites, prioritizing a customer-centric mindset are at the heart of our approach, providing comprehensive packages designed to address current needs and future aspirations. We offer continuous upgrades and training, guiding the bank towards its longterm vision”, shares Harshavardhan Pusala, Co-founder & CEO.

Positioned as a one-stop solution provider, Techurate fosters collaborations, providing ongoing guidance and support to banks in ensuring their successful journey. Through Tigiverse, the firm leverages global partnerships that help reshape banking operations through curated FinTech solutions, an expansive suite of core and digital banking solutions, mobile and internet banking, and
addon modules. “We are uniquely positioned to offer turnkey core and digital banking solutions on both Capex and Opex models to Greenfield banks, Regional Rural banks, Urban Cooperative Banks, or MSMEs.

What makes us stand out is that we offer both on-premise and cloud models to address the dual challenge of data compliance and security”, shares Padma Prasad, Chief Risk Officer. "We approach the price barrier by offering competitive pricing that helps partner banks provide competitive pricing for the customers. Our ‘Bank in a Box’ solution helps banks create a seamless digital ecosystem that simplifies their back-end and front-end processes and increases efficiency”, further shares Ramya, Co-founder & CFO.

Techurate offers distinct advantages like a wide product and service selection, scalable solutions and flexible services, a customer-centric service approach, and deep industry expertise, which make it a preferred partner for institutions like Greenfield Banks/Neo Banks/Traditional banks/Microfinance institutions, looking for core banking and digital solutions.

Future Roadmap

“In the markets where Techurate operates, we're witnessing the age of Financial Eruption. Be it the young customer in Urban or Rural India, Africa; be it the customer banking with cooperative societies or Saccos in Africa, I see a growing demand for quick, convenient, innovative solutions", expresses Sendhil Kumar, Co-founder & COO.

Techurate by virtue of its integrated Tigiverse platform aims to be a dominant player in the financial inclusion space while serving as a platform service to conventional banks, challenger banks, and a plethora of FinTechs that Operate in this space. With a legacy of nine years and the experience of having served a few million customers, Techurate's shared vision of ‘Transforming Lives’ through financial literacy and services is the ultimate goal.