Trust Fintech Ltd. Company History and Annual Growth Details

Our Company was originally incorporated on December 15, 1998 as a Private Limited Company as “Trust Systems and Software (India) Limited” vide Registration No. 117470 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai. Pursuant to a special resolution passed by the Shareholders at their Extra ordinary General Meeting held on September 16, 2023, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to ‘Trust Systems and Software (India) Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on September 29, 2023 by the Registrar of Companies, Mumbai. Further, pursuant to special resolution passed by the Shareholders at their Extra Ordinary General Meeting held on November 22, 2023, our company has changed its name from “Trust Systems and Software (India) Limited” to “Trust Fintech Limited” and a fresh certificate of incorporation consequent to name change was issued on December 14, 2023 by the Registrar of Companies, Mumbai. The Corporate Identification Number of our Company is U72100MH1998PLC117470.

KEY EVENTS AND MILESTONES:

1999

-Incorporation of our Company as a Private Limited Company with the name of “Trust Systems and Software (India) Private Limited” with the vision of delivering world-class technology solutions to a virtually integrated business community.

2003

-Developed ERP (Power Plant Monitoring system PPMS). Implemented all power plants at head office of Maharashtra State Electricity Distribution company Limited.

2003

-Empanelled with Government of Maharashtra as IT service Provider for state wise computerization

2007

-TrustBank CBS Version 1 Core Banking solution SQL Server 2008 & ASP.net partnered with SAP for its product SAP B1.

2013

-Ranked among Top Core banking solution provider Globally

2015

-CRISIL rated company for “High Performance capability and High Financial Strength (2A)”

-Empanelled by NeGD as agency for Integration of different Applications with e- Governance system for Digi-locker system.

2017

-Empanelled by Government of India as a GSP (Goods and Services Tax Suvidha Provider)

-Launched SoftGST product specially designed for Banks for GST Compliances

-Launched Mobile app and internet banking app for Bank’s customers

2020

-ISO 27001 Certified Company

2021

-TrustBank CBS Version pro 7 Core Banking solution SQL Server 2019 & ASP.net, C#, Java Script

-Launched LOS (Loan Origination software SAAS basis for banks)

-Microsoft Gold Partner As a “Independent Software vendor”

-CMMI level 5 Certified company

2022

-Empanelment of Fintech with Union Bank of India for Development, Customization & Maintenance of new Software applications.

-Certificate of appreciation from The Central Board of Indirect Taxes and Customs for prompt fillings of return and payment of Goods and services tax.

2023

-Launched NPA recovery management, audit and compliance module

-Received order from USA for implementation of CBS in credit union

-Empanelled vendor of NAFCUB to provide CBS and all other related services to urban cooperative Banks.

-Converted to Public Limited Company – consequently the name of the company was changed to ‘Trust Systems and Software (India) Limited’

-Change in the name of company from “Trust Systems and Software (India) Limited” to “Trust Fintech Limited”. 

2025

-Trust Fintech Limited has received of Purchase order / contract for Trust Bank CBS Software from NAGNATH URBAN CO-OPERATIVE BANK LTD.

-Trust Fintech Limited has received Purchase order for Trust Bank CBS on cloud from LAXMIKRUPA URBAN CREDIT CO-OP SOCIETY LTD.