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FinOS

Brand: FinOS

  • 4.1

  • 3 Ratings

A core banking software that helps banks and fintechs streamline accounts, payments, and loan operations.

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FinOS Software Overview

What is FinOS?

FinOS is a cloud-based core banking software that helps banks, fintechs, and financial institutions run their day-to-day banking operations like loans, savings, deposits, payments, and accounting in one place.

It is designed to be flexible, scalable, and customizable, allowing organizations to build and launch financial products quickly. FinOS uses modern technology with modular components so new features can be added easily and integrate with existing systems.

It supports online banking, mobile banking, and card services to improve customer experience. Many financial institutions across countries use it to automate workflows and reduce errors.

The platform aims to make financial operations more efficient and adaptable to changing market needs.

Why Choose FinOS Software?

  • Cloud-Based Platform: Secure, reliable, and accessible from anywhere.
  • Complete Core Banking: Handles loans, savings, deposits, and accounting.
  • Modular Design: Add or remove features as your business grows.
  • Ready-to-Use Components: Pre-built engines for credit and deposits.
  • Flexible Configuration: Customize settings without coding.
  • Scalable Solution: Grows easily with your institution's needs.
  • Easy Integrations: Connects with other systems via APIs.
  • Open Banking Support: Enables modern financial services.
  • Real-Time Decision Making: Make quick, accurate banking decisions.
  • Automated Accounting: Reduces manual reporting work.
  • Compliance Ready: Built-in tools for regulatory reporting.
  • Efficient Transaction Processing: Fast and safe handling of transactions.
  • Savings Account Management: Supports all types of savings accounts.
  • Loan Management: Covers origination, collection, and tracking.

Benefits of FinOS Software

  • Share Account Support: Manage shares and deposits efficiently.
  • Mobile Banking Ready: Provides services on mobile devices.
  • Agent Banking Support: Field agents can manage accounts remotely.
  • Card Banking: Issue and manage debit or credit cards.
  • Secure System: Protects data with modern security standards.
  • Cost-Effective: Reduces IT infrastructure and maintenance costs.
  • Boosts Productivity: Helps staff work faster and accurately.
  • User-Friendly Interface: Easy for employees to learn and use.
  • Supports Multiple Bank Types: Works for retail, microfinance, and neo banks.
  • Custom Reports: Generate reports that fit your needs.
  • Fast Product Launch: Quickly bring new banking products to market.
  • Global Use: Trusted by banks and fintechs worldwide.
  • Workflow Automation: Reduces manual processes and errors.
  • Improved Customer Experience: Supports self-service and digital banking.
  • Reliable Support: Assistance from setup to daily operations.
  • Future-Ready: Built for digital transformation and innovation in banking.

FinOS Pricing

FinOS price details are available on request at techjockey.com. The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

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FinOS Company Details

Founded Year:  2018

Every bank or fintech needs a core banking software to manage their daily operations. FinOS offers the next-generation Cloud Core Banking Platform with Open Banking API capabilities.

Director/Founders Michael Kelly
Company Size 101-500 Employees

FinOS Pricing & Plans

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FinOS Features

  • icon_check Savings Management
    Handles customer savings accounts with balance updates, interest accrual, and transaction records.
  • icon_check Deposits Management
    Processes deposits and withdrawals for varied deposit types with accurate ledger posting.
  • icon_check Loan Management
    Full loan lifecycle support including origination, disbursal, repayment, and charge handling.
  • icon_check Fixed Deposits Processing
    Supports fixed deposit product creation, maturity handling, and interest application.
  • icon_check Shares Management
    Records and tracks customer shares investments with transaction and valuation history
  • icon_check Regulatory Reporting
    Generates reports to satisfy compliance requirements and statutory reporting obligations.
  • icon_check Transaction Processing Engine
    Processes all banking transactions securely with real-time ledger updates.
  • icon_check Open Banking APIs
    Standard APIs support integration with third-party financial services and digital channels
  • icon_check Composable Credit Engine
    Modular lending engine that can be assembled for tailored credit products.
  • icon_check Agent Banking Operations
    Supports field agent activities including loan origination and collections offline/online.
  • icon_check Internet Banking Integration
    Connects core platform to online banking interfaces for account access and funds transfer.
  • icon_check Mobile Banking Integration
    Enables mobile access to core functions like payments, balances, loans, and deposits.
  • icon_check Payment Banking Processing
    Handles payment transactions including bill pay and remittances through core engine.
  • icon_check Card Transaction Monitoring
    Tracks card transactions and feeds data back into the core ledger.
  • icon_check Role-Based Access Control (RBAC)
    Core supports multiple roles with defined permissions for operational segregation.
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FinOS Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
Financial Institutions
Business Specific
Banking
Business Size
Small Business Startups Medium Business Enterprises SMBs SMEs MSMBs MSMEs
Customer Support
Phone Email Communities
Language
English
Integration
API Integration
Training Resources
Videos
Technology
Next Generation

FinOS Review

4.1

Out of 5

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Overall Rating

Based on
3 Verified Ratings

Rating Breakdown

  • Features 4.6
  • Value for Money 4
  • Ease of Use 3.8
  • Customer Support 4

80% Recommend this Product

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How much does FinOS cost?

FinOS pricing is available upon request at Techjockey.com.

Is there a mobile app available for FinOS Software?

No, FinOS does not support mobile banking apps for both customers and agents.

Which operating systems are compatible with FinOS Software?

FinOS is cloud-based, accessible via web browsers on Windows, macOS, Ubuntu, and Linux.

Does FinOS Software offer a free trial?

No, FinOS does not offer a free trial.

How does FinOS Software function?

FinOS manages banking operations like accounts, payments, loans, and cards through modular cloud services.

Who uses FinOS Software?

Banks, fintechs, and microfinance institutions globally use FinOS.

Is a free demo available for FinOS Software?

Yes, interested organizations can request a demo from the provider.

Is FinOS Software available for free?

No, FinOS is a paid enterprise banking solution.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.