Latest news with #KFintech
Business Standard
5 days ago
- Business
- Business Standard
KFintech Wins Bronze Stevie® Award for Innovation in Brand Renovation
VMPL Mumbai (Maharashtra) [India], June 3: KFin Technologies Limited ("KFin Technologies"), a leading technology-driven financial services platform, has been honored with a Bronze Stevie® Award at the 2025 Asia Pacific Stevie Awards in the Innovation in Brand Renovation/Re-Branding category. The company's submission, "KFintech's Rebranding Journey - Transforming from Fintech to Techfin," was recognized in the Awards for Innovation in Marketing track. The Asia Pacific Stevie Awards are widely considered among the region's premier business awards, celebrating organizations that demonstrate outstanding performance in innovation and business excellence across the Asia-Pacific region. This recognition underscores the effectiveness of KFintech's comprehensive rebranding strategy built on three foundational pillars: Technology, Thought Leadership, and Trust (T3). The company's renewed positioning, visual identity, and strategic execution delivered measurable impact across all business metrics. The Stevie® Awards jury particularly commended KFintech's submission, noting it as "a well-rounded strategy with clear goals and exceptional execution" that effectively positioned the company for future growth. Hanisha Vadlamani, Chief of Brand & Corporate Communications at KFintech, said, "Receiving this Bronze Stevie Award validates the lasting impact of our 2022 rebranding initiative and demonstrates how our vision has successfully aligned with market evolution over the years. The transition from fintech to techfin wasn't just a visual refresh--it represented a fundamental shift in our identity that continues to differentiate us in the marketplace today." In 2022, when KFintech rebranded itself, the aim was to reflect their purpose, strategic direction, and strong execution capabilities in transforming mission-critical financial infrastructure solutions to be the most preferred and proactive solutions provider. The new brand identity was indigenously designed to symbolize KFintech's transformation and evolution as a company with foundational tenets of trust, technology, and thought leadership. Following the rebranding, KFintech successfully completed its public listing in December 2022, marking a significant milestone in the company's growth journey. Notably, this achievement marks KFintech's third consecutive win at the Asia Pacific Stevie Awards: * 2023 - Gold for Digitally Transforming the IPO Subscription Model (Digital Transformation in Financial Services) * 2024 - Bronze for Empowering Tomorrow: KFintech's CSR Initiatives (Corporate Social Responsibility) * 2025 - Bronze for Rebranding Journey - Fintech to Techfin (Brand Renovation/Re-Branding) With its continued focus on technological innovation and service excellence, KFintech remains committed to transforming the financial services landscape through its comprehensive suite of solutions spanning mutual funds, pension services, and capital markets. About KFin Technologies Limited ( BSE: 543720; NSE: KFINTECH): KFin Technologies Limited ("KFintech") is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide comprehensive investor solutions including transfer agency, fund administration, fund accounting, data analytics, digital onboarding, transaction origination and processing for alternate investments, mutual funds, unit trusts, insurance investments, and private retirement schemes to global asset managers in Malaysia, Philippines, Singapore, Hong Kong, Thailand and Canada. In India, KFintech is the largest investor solutions provider to Indian mutual funds, based on number of operational AMCs serviced as on March 31, 2025, and the largest issuer solutions provider based on number of clients serviced as on March 31, 2025. KFintech is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds, wealth managers and pension as well as corporate issuers and is one of the three operating central record keeping agencies for the National Pension System in India. KFintech is listed on the National Stock Exchange of India Limited and BSE Limited. General Atlantic Singapore Fund Pte Ltd ("GASF"), a leading global private equity investor, is the promoter of the Kfintech. About The Stevie® Awards: Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, the Stevie Awards for Technology Excellence, and the Stevie Awards for Women in Business. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations and territories. More than 1,000 professionals around the world participate in the Stevie Awards judging process each year. Learn more about the Stevie Awards at
Mint
29-04-2025
- Business
- Mint
MF Central by CAMS and KFintech: Consolidate, update and transfer mutual funds easily
MF Central is a unified digital platform designed to simplify mutual fund management for investors in India. It was launched in 2021 as a collaboration between CAMS and KFintech, following directions from SEBI. While updating nominee details is one of its most widely used features, it is important to recognise that MF Central offers several other services aimed at enhancing investor convenience and comfort. All these services are delivered in compliance with regulatory rules, regulations, and standards. Let us now explore three key features of MF Central beyond nominee detail updates. Several investors hold multiple portfolios across various Asset Management Companies (AMCs) such as SBI Fund Management, HDFC AMC, and ICICI Prudential AMC. This can lead to fragmentation and make it difficult to manage all portfolios efficiently. MF Central plays a crucial role in such situations. This platform allows users to consolidate these portfolios and their holdings, provided they share the same Permanent Account Number (PAN), mode of holding along with other key details. Therefore, this consolidation simplifies the tracking and management of individual portfolios. Thus making investing a pleasant experience for individual retail investors. To ensure seamless mutual fund transactions, it is essential to keep contact and bank details up to date. The MF Central platform allows investors to update their email address, residential address, phone number, and bank account details across all mutual fund holdings through a single request by submitting a simple form. This feature ensures that all communications and transactions are properly directed, significantly reducing the risk of digital fraud, scams, failed transactions, or missed updates. In unfortunate circumstances such as the demise of the investor, transferring mutual fund units to the rightful heir can be a long, drawn-out, complex process. MF Central helps immensely simplify this process by providing applicants with an online facility to transfer units. Legal heirs and all rightful owners can initiate the transfer of shares by submitting the necessary documents digitally, streamlining what was previously cumbersome. Therefore, as the Indian mutual fund ecosystem continues to grow and evolve, digital platforms such as MF Central are becoming increasingly crucial by fostering financial inclusion along with empowering investors. Beyond just updating nominee details, MF Central's key role in reducing paperwork and focusing on compliance helps save time. The platform's capabilities around folio consolidation, contact and bank detail updation, and unit transmission play an extremely important role in making investing easier in the country. Hence, irrespective of you being a new investor or a seasoned one, using MF Central can help you effectively manage your investments with clarity, greater transparency, efficiency and peace of mind. Making mutual fund investments truly digital first and investor-friendly. Further, for more details and clarifications on the platform, refer to its official website at: Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers are encouraged to consult their financial advisor or visit the official MF Central website for the most accurate and updated information. First Published: 29 Apr 2025, 04:41 PM IST
Business Standard
29-04-2025
- Business
- Business Standard
KFin Tech gains after Q4 PAT climbs 14% YoY to Rs 85 cr
KFin Technologies added 2.77% to Rs 1,274.05 after the company's consolidated net profit jumped 14.22% to Rs 85.05 crore in Q4 FY25 as compared with Rs 74.46 crore in Q4 FY24. Revenue from operations increased 23.8% YoY to Rs 282.69 crore in Q4 FY25. Profit before tax (PBT) increased 21.03% to Rs 114.22 crore in Q4 FY25 as compared with Rs 94.37 crore in Q4 FY24. In Q4 FY25, EBITDA stood at Rs 122.25 crore, registering the growth of 16.87% as compared with Rs 104.60 crore in Q4 FY24. EBITDA margin was at 43.2% in Q4 FY25 as against 45.8% in Q4 FY24. In Q4 FY25, revenue from International and other investor solutions jumped 16.3% YoY to Rs 41.18 crore, revenue from issuer solutions rose 34.6% YoY to Rs 42.40 crore and revenue from issuer solutions increased 34.6% YoY to Rs 42.40 crore. On financial year basis, the company's consolidated net profit jumped 35.19% to Rs 332.62 crore in FY25 as compared with Rs 246.04 crore in FY24. Revenue from operations increased 30.23% YoY to Rs 1,090.75 crore in FY25. As of 31st March 2025, cash and cash equivalents stood at Rs 659.57 crore. Sreekanth Nadella, managing director and CEO, KFin Technologies, said, "It's been an incredible year for KFintech. Our focus on strong execution continues to deliver all round performance in terms of strong growth in revenue, profitability, and cashflows across our diversified business model. Our businesses in India and Southeast Asia continues to demonstrate strong momentum with new client wins and market share gains. We are excited to have orchestrated our transformational and the largest acquisition of Ascent Fund Services having multi-jurisdiction presence, diversified set of clients, well-experienced team, and strong growth. By combining Ascent's client acquisition capabilities with KFintech's technological expertise and our strategic partnership with BlackRock's Aladdin Provider Network, we are well-positioned to drive growth and market leadership and create long-term value for all stakeholders." Meanwhile, the company's board recommended a final dividend of Rs 7.50 per equity share of face value of Rs 10 each for the financial year 2024-2025. KFin Technologies (KFintech) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide comprehensive investor solutions including transfer agency, fund administration, fund accounting, data analytics, digital onboarding, transaction origination and processing for alternate investments, mutual funds, unit trusts, insurance investments, and private retirement schemes to global asset managers in Malaysia, Philippines, Singapore, Hong Kong, Thailand and Canada.
