Software Group

About Software Group

Established in 2009 by Kalin Radev, Software Group operates as a global technology partner specializing in digitalization and integration solutions for the financial services industry. The company's genesis is rooted in accelerating financial inclusion, a mission driven by Radev's extensive two-decade background in IT, with over 15 years focused on microfinance and banking sectors across multiple continents. This experience, which includes consulting for major banks and NGOs like the World Bank and USAID, directly shaped the firm's direction.

Based in Sofia, Bulgaria, the company provides solutions that enable financial institutions to digitize their operations, thereby expanding their reach and enhancing efficiency. Its client base is diverse, encompassing banks, credit unions, microfinance institutions (MFIs), and fintech companies across more than 70 countries. The business model centers on delivering end-to-end software solutions and integration tools that address needs such as remote account opening, loan origination, and payment switching. For instance, its DigiWave software platform formed the base for Dosh, a mobile wallet launched in New Zealand to compete in the mobile payments market.

Software Group's core offering is a suite of delivery channel and integration solutions designed to facilitate digital transformation for financial service providers. This includes the development of mobile wallets, agency banking platforms, and other tools that allow financial entities to offer services remotely and more affordably. By focusing on creating these cutting-edge technology solutions, the company aims to empower its clients to navigate the evolving financial landscape and better serve their end customers, particularly in emerging economies. The company has secured $8.58 million in funding over three rounds from investors including BlackPeak Capital, BrightCap Ventures, and Invenio Partners, which supports its continued innovation and global expansion.