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Published: Jul 9, 2026

11 Best Banking Software Development Companies in Bangalore, India (2026)

July 9, 2026
Read 10 min

Bangalore gives banks and fintech teams access to a broad mix of custom engineering firms, global IT consultancies, and established banking-platform vendors. This list compares providers by banking focus, delivery model, local presence, and the types of systems they are equipped to build or modernize.

1. Itexus

Itexus develops custom financial software for banks, fintech companies, lenders, payment providers, and wealth-management businesses. Its banking work covers customer-facing applications and the infrastructure behind them, including mobile banking, digital wallets, lending systems, payment integrations, back-office automation, and data-intensive financial platforms. The company also handles product discovery, UX design, quality assurance, cloud engineering, and modernization of existing systems. Itexus operates as a remote delivery partner for Bangalore-based teams rather than presenting itself as a local-office provider, which can suit organizations that value specialist fintech experience over on-site staffing.

Key Facts

  • Best for: Custom digital banking and fintech products
  • Core services: Banking software development, digital wallets, lending systems, payments, software modernization
  • Specialization: Regulated financial products and integration-heavy platforms
  • Delivery model: Remote project delivery and dedicated development teams
  • Relevant location: Serves clients internationally, including teams that can work with an offshore partner from Bangalore

Contact Information

2. Infosys

Infosys is closely associated with banking technology through its financial-services practice and the Finacle platform developed by its EdgeVerve subsidiary. Its capabilities cover core banking, digital channels, payments, lending, customer onboarding, analytics, cloud transformation, and modernization of large financial systems. The company maintains multiple development facilities in Bengaluru, including its Electronic City campus. Infosys is most relevant to banks undertaking enterprise-scale programs where software engineering must be combined with consulting, systems integration, migration, testing, and long-term operational support.

Key Facts

  • Best for: Enterprise core banking and large transformation programs
  • Core services: Core banking, digital banking, payments, cloud migration, systems integration
  • Banking platform: Finacle
  • Location: Multiple offices and development centers in Bengaluru, Karnataka
  • Notable strength: Delivery capacity for complex, multi-market banking environments

Contact Information

  • Website: www.infosys.com
  • Facebook: www.facebook.com/Infosys
  • Twitter: x.com/infosys
  • LinkedIn: www.linkedin.com/company/infosys
  • Address: Plot No. 44/97 A, 3rd cross, Electronic City, Hosur Road, Bengaluru - 560 100
  • Phone: +91 80 2852 0261

3. Wipro

Headquartered in Bengaluru, Wipro combines software engineering with consulting and managed services for banking and financial-services organizations. Its banking work includes core-system transformation, payment modernization, digital channels, lending, risk and compliance, data, cloud, cybersecurity, and application management. The company is a practical candidate for established banks that need to coordinate changes across customer applications, legacy platforms, infrastructure, and operations. Wipro's scale also makes it better suited to long-running transformation programs than narrowly scoped prototype work.

Key Facts

  • Best for: Large banks modernizing interconnected systems
  • Core services: Application engineering, cloud, data, cybersecurity, payments, managed services
  • Industries: Banking, capital markets, insurance, and other enterprise sectors
  • Location: Corporate office in Bengaluru, Karnataka
  • Notable strength: Broad technology and operations coverage under one engagement

Contact Information

  • Website: www.wipro.com
  • E-mail: moc.orpiw@ofni
  • Facebook: www.facebook.com/WiproLimited
  • LinkedIn: www.linkedin.com/company/wipro
  • Instagram: www.instagram.com/wiprolimited
  • Address: Kolkata Development Center (KDC1) Wipro Limited Plot no 1, 7, 8 & 9, Block DM Sector V Salt Lake Kolkata - 700091
  • Phone: +91 (80) 61427999

4. Sonata Software

Sonata Software provides banking and financial-services technology work from its Bengaluru corporate and delivery offices. The company handles cloud transformation, data and analytics, digital experience, enterprise applications, platform engineering, and managed services. Within banking, its capabilities extend to payments, core-system modernization, customer engagement, and process improvement. Sonata may fit institutions that use Microsoft technologies heavily or want banking development connected with broader cloud and data programs. Its Bengaluru footprint includes several offices within Sattva Global City.

Key Facts

  • Best for: Cloud-led banking and payments modernization
  • Core services: Platform engineering, cloud, data analytics, enterprise applications, managed services
  • Industries: Banking and financial services, retail, manufacturing, healthcare, and technology
  • Location: Multiple offices in Bengaluru, Karnataka
  • Notable strength: Strong Microsoft-oriented transformation capabilities

Contact Information

  • Website: www.sonata-software.com
  • E-mail: moc.erawtfos-atanos@ofni
  • Facebook: www.facebook.com/sonatasoftware
  • Twitter: x.com/Sonata\_Software
  • LinkedIn: www.linkedin.com/company/sonata-software
  • Instagram: www.instagram.com/sonata.software
  • Address: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli, Mysore Road, Bengaluru 560059
  • Phone: +91-80-6778 1000

5. Happiest Minds Technologies

Happiest Minds Technologies is headquartered in Bengaluru and provides digital engineering for banking and financial-services organizations. Its banking capabilities include mobile and omnichannel banking, digital wallets, payments, customer onboarding, lending, credit decisioning, treasury, trade finance, wealth platforms, security, and regulatory automation. It also implements and integrates banking platforms, migrates applications and data, and supports testing and ongoing operations. This range makes the company useful for institutions seeking a mid-sized engineering partner with local leadership and coverage across product development, cybersecurity, analytics, and automation.

Key Facts

  • Best for: Digital banking products that combine engineering, data, and security
  • Core services: Product engineering, platform integration, migration, cybersecurity, analytics, managed services
  • Banking segments: Retail, corporate, payments, lending, wealth management, capital markets
  • Location: Headquarters in Bengaluru, Karnataka
  • Notable strength: Coverage from solution design through continuous support

Contact Information

  • Website: www.happiestminds.com
  • E-mail: moc.sdnimtseippah@ssenisub
  • Facebook: www.facebook.com/happiestminds
  • Twitter: x.com/happiestminds
  • LinkedIn: www.linkedin.com/company/happiest-minds-technologies
  • Instagram: www.instagram.com/happiestmindstechnologies
  • Address: SMILES 1, SJR Equinox, Sy.No.47/8, Doddathogur Village, Begur Hobli, Electronics City Phase 1, Hosur Road, Bengaluru – 560 100
  • Phone: +91 80 68283400

6. LTM

LTM, the current brand of LTIMindtree, serves banks through application engineering, cloud, data, AI, payments, and platform-modernization work. Its banking practice addresses customer experience, core-system change, open banking, risk, compliance, and operational efficiency. The company also publishes financial-services work involving payment-backbone modernization, which points to experience with high-volume, business-critical systems. LTM has substantial operations in Bengaluru and is a suitable option for international banks or large Indian institutions that need a broad delivery organization rather than a small product studio.

Key Facts

  • Best for: Enterprise banking modernization and high-volume payment systems
  • Core services: Application engineering, cloud, data, AI, payments, integration, managed services
  • Industries: Banking, capital markets, insurance, and other enterprise sectors
  • Location: Bengaluru operations in Karnataka
  • Notable strength: Large-scale engineering combined with financial-services consulting

Contact Information

  • Website: www.ltm.com
  • Twitter: x.com/ltm\_ofcl
  • LinkedIn: www.linkedin.com/company/ltm-larsenandtoubrocompany
  • Instagram: www.instagram.com/ltm\_ofcl
  • Address: Gopalan SEZ, Plot No. 152, 4, 5, 6 & 7 Floors, EPIP 2nd Phase, KIADB Industrial Area, Hoodi Village, Whitefield, Bengaluru 560066 Karnataka

7. Tata Consultancy Services

Tata Consultancy Services brings both custom engineering services and its TCS BaNCS product family to banking projects. BaNCS covers areas such as core banking, payments, securities processing, and financial-market infrastructure, while the wider TCS organization handles consulting, cloud, data, cybersecurity, integration, testing, and managed operations. The company has a major delivery presence in Bengaluru. TCS is a logical candidate for banks replacing core platforms or coordinating multi-year programs across channels, transaction processing, and operational systems.

Key Facts

  • Best for: Core banking and multi-year transformation programs
  • Core services: Banking platforms, custom engineering, integration, cloud, data, cybersecurity, managed operations
  • Banking platform: TCS BaNCS
  • Location: Delivery operations in Bengaluru, Karnataka
  • Notable strength: Combination of proprietary banking products and global implementation capacity

Contact Information

  • Website: www.tcs.com
  • E-mail: moc.sct@gnitekram.aidni
  • Facebook: www.facebook.com/TataConsultancyServices
  • Twitter: x.com/TCS
  • LinkedIn: www.linkedin.com/company/tata-consultancy-services
  • Instagram: www.instagram.com/tcsglobal
  • Address: # 42(P) & 45(P), Think Campus, Electronic City, Phase II, Bangalore 560 100, Karanataka
  • Phone: +91 80 6724 2000

8. Tech Mahindra

Tech Mahindra provides consulting, systems integration, and engineering services for banks and financial-services companies. Its work includes digital banking, lending, payments, open banking, data modernization, cloud adoption, automation, risk, compliance, and cybersecurity. The company maintains offices and delivery operations in Bengaluru, giving local buyers access to a large global workforce. Tech Mahindra is particularly relevant when a banking initiative depends on several enterprise platforms or requires ongoing support after the initial build.

Key Facts

  • Best for: Integration-heavy banking transformation
  • Core services: Digital engineering, cloud, data, AI, cybersecurity, enterprise applications, managed services
  • Industries: Banking and financial services, insurance, telecommunications, manufacturing, and others
  • Location: Bengaluru delivery presence
  • Notable strength: Systems integration across complex enterprise environments

Contact Information

  • Website: www.techmahindra.com
  • Facebook: www.facebook.com/TechMahindra
  • Twitter: x.com/Tech\_Mahindra
  • LinkedIn: www.linkedin.com/company/tech-mahindra
  • Instagram: www.instagram.com/techmahindra\_official
  • Address: Plot No.45 - 47, KIADB Industrial Area, Phase - II, Electronic City, Bengaluru , Bengaluru, Karnataka 560100
  • Phone: +91 80678 07777

9. Finastra

Finastra develops banking software used across retail and commercial banking, lending, payments, treasury, capital markets, and universal banking. Its model differs from a general custom-development consultancy: buyers typically select a Finastra product and then configure, integrate, migrate, or extend it for their institution. The company has an established Bengaluru technology presence. Finastra is therefore most relevant to banks looking for a mature product foundation with implementation support, particularly when the project involves core processing, lending operations, payment flows, or treasury functions.

Key Facts

  • Best for: Banks adopting an established product platform
  • Core products: Core banking, digital banking, lending, payments, treasury, capital markets software
  • Delivery model: Product implementation, configuration, integration, and support
  • Location: Bengaluru, India
  • Notable strength: Broad portfolio of purpose-built financial software

Contact Information

  • Website: www.finastra.com
  • Twitter: x.com/FinastraFS
  • LinkedIn: www.linkedin.com/company/finastra
  • Address: Bagmane Constellation Business Park, 4th, 5th Floor, North Block, Virgo Building 2870, Outer Ring Road, Doddanekundi Circle, Marathahalli Post Bangalore 560037 India
  • Phone: +91 80 4040 4040

10. Temenos

Temenos supplies cloud-native banking software for core processing, digital banking, payments, customer servicing, and financial-crime prevention. Its products are used by banks that want configurable industry software rather than a platform written entirely from scratch. Temenos supports implementation through its own teams and partner ecosystem, and it maintains operations in Bengaluru. The company is a strong fit for banks planning a core replacement, launching a digital banking proposition, or moving selected banking capabilities toward a software-as-a-service model.

Key Facts

  • Best for: Core and digital banking platform adoption
  • Core products: Core banking, digital channels, payments, financial crime mitigation, banking analytics
  • Delivery model: Software licensing, cloud delivery, implementation, and partner-led integration
  • Location: Bengaluru, India
  • Notable strength: Configurable banking software built for multiple banking segments

Contact Information

  • Website: www.temenos.com
  • Facebook: www.facebook.com/TemenosGroup
  • Twitter: x.com/Temenos
  • LinkedIn: www.linkedin.com/company/temenos
  • Instagram: www.instagram.com/we\_are\_temenos
  • Address: IBC Knowledge Park, Block D 10th & 11th Floor, No. 4 / 1, Bannergatta Road, Near Dairy Circle, Bangalore - 560 029, India
  • Phone: +91 80 4137 6000

11. Oracle

Oracle develops enterprise products for retail banking, corporate banking, payments, lending, risk, compliance, analytics, and financial-crime management. Its portfolio includes FLEXCUBE and other systems used to run core and supporting banking processes. The business has a substantial development presence in Bengaluru and benefits from integration with Oracle's database, cloud, and enterprise technology ecosystem. It is most relevant to banks seeking a packaged platform with extensive configuration options and support for large, complex deployments.

Key Facts

  • Best for: Enterprise core banking and risk-platform implementations
  • Core products: FLEXCUBE, digital banking, payments, lending, risk, compliance, financial-crime software
  • Delivery model: Enterprise software, implementation, configuration, integration, and support
  • Location: Bengaluru development presence
  • Notable strength: Banking applications integrated with the wider Oracle technology stack

Contact Information

  • Website: www.oracle.com
  • Facebook: www.facebook.com/Oracle
  • Twitter: x.com/oracle
  • LinkedIn: www.linkedin.com/company/oracle
  • Address: Oracle Tech Hub Block A No.169/1, BBMP Ward No.150-Bellandur Sarjapur Marathalli Ring Road, Kadubeesanahalli, Varthur Hobli Bengaluru East Taluk Bengaluru 560103, Karnataka
  • Phone: +91 80 37130000

Conclusion

Bangalore’s banking technology market offers far more than a standard selection of software outsourcing firms. Banks can choose among fintech-focused developers such as Itexus, locally headquartered engineering companies, large transformation consultancies, and established platform vendors. The right option depends on whether the project involves building a custom banking product, replacing a core system, modernizing payments, improving lending workflows, or introducing better fraud and risk controls.

Before selecting a development partner, compare its experience with regulated financial systems, integration capabilities, security practices, and preferred delivery model. It is also worth checking whether the team can work comfortably with existing infrastructure rather than pushing for an unnecessary rebuild. A carefully chosen partner should help the bank improve its technology without losing sight of reliability, compliance, and the everyday needs of customers and employees.

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