Network People Services Technologies Limited has unveiled a comprehensive digital banking solution called Bank-in-a-Box, designed to enable small and mid-size banks to go fully digital within 12 weeks. This innovative platform features UPI/IMPS processing capabilities and an AI-powered RegTech solution.

Comprehensive Digital Banking Solution

The Bank-in-a-Box platform addresses critical challenges faced by banks across India, including legacy systems, fragmented infrastructure, and limited digital capabilities that constrain innovation and affect customer satisfaction. The solution provides a modern digital banking and payments stack purpose-built for high-performance environments.

Advanced Technology Stack

The platform features an integrated approach combining multiple banking services within a single framework. The AI-powered RegTech solution enables efficient merchant risk management, fraud risk monitoring, and online dispute resolution. The built-in omnichannel Banking SuperApp offers more than 400 services including account and credit management, bill payments, e-commerce, and ticketing capabilities.

Rapid Deployment Architecture

Built on a plug-and-play architecture, the platform enables rapid deployment for banks with certain solutions going live instantly. For solutions requiring deeper integration, NPST has optimized implementation processes and reduced timelines by up to 60%, allowing banks to go live within eight to twelve weeks.

Strategic Vision and Market Impact

Deepak Chand Thakur, Chairman and Managing Director of NPST, emphasized the platform's significance: "Bank-in-a-Box is a low-cost, high-performance, and fully compliant solution designed to serve over 2,000 regulated entities across the BFSI sector, including banks, PPIs, NBFCs, and payment aggregators. It also meets the agile needs of more than 100,000 fintechs that rely on banking partnerships to scale."

The company aims to onboard more than 20 tenants across multiple product lines by the end of the financial year, strengthening its SaaS-based revenue model within the TSP segment and expanding access to the Bank-in-a-Box platform.

Additional Capabilities and Integration

The platform supports core banking, loan processing, and anti-money laundering compliance through seamless third-party integrations. By consolidating multiple digital services, Bank-in-a-Box enables banks to close operational gaps, accelerate service delivery, and unlock new revenue streams in areas such as merchant acquiring, digital lending, and API monetization.

About Network People Services Technologies

Incorporated in 2013, NPST operates as a Technology Service Provider and Payment Platform as a Service Provider, offering integrated solutions including switches, BBPS integrations, banking super apps, and merchant acquiring services. The company supports 1,004 customers and processes 18 billion transactions annually, continuing to strengthen India's digital payment ecosystem through its technology-first approach.

Network People Services Technologies Limited (NPST) has achieved significant milestones in its corporate development, with recent trading approvals complementing its strong operational performance.

Trading Approval for Preferential Allotment

The company has received trading approval from both major stock exchanges for its preferential allotment of equity shares. The approval details are presented below:

The shares carry distinctive numbers from 19395251 to 20841750 and are now listed and admitted for trading on both exchanges.

Strong Q2 Financial Performance

NPST has demonstrated robust financial growth in its second quarter results:

Business Expansion and Product Portfolio

The company has diversified its offerings with new product launches including Banking Connect for enhanced interoperability, Bank-in-a-Box SaaS solution for smaller banks, and the Queens platform for offline payments. The business segments show strong contribution patterns with the Technology Service Provider segment contributing 80-85% of revenue, while Payment Platform as a Service accounts for approximately 15%.

International Market Presence

NPST has expanded its global footprint through strategic initiatives in Africa with SaaS-based revenue models and established operations in Dubai. The company is actively exploring opportunities in UAE and Southeast Asia markets, positioning itself for international growth.

Future Growth Strategy

The company is focusing on revenue diversification across payment platforms, securing new TSP segment accounts, and developing SaaS-based solutions for RegTech and Bank-in-a-Box offerings. NPST is also investing in AI technologies to achieve at least 40% operational optimization over the coming years.

With India's UPI transaction volume expected to grow from 20 billion to 60 billion monthly transactions in the next four years, NPST's diversified approach and recent capital structure enhancement through the preferential allotment position it well for sustained growth in the dynamic fintech landscape.