Nepali software ‘360 Core Banking System’ is also being used in financial institutions in Myanmar and Bangladesh.

Only a few Nepali software programs have been developed in Nepal and successfully operate abroad. One of them is the 360 Core Banking System.

The 360 Core Banking System is a software developed by Junelli Inc. It is a software made in Nepal that was started from abroad. Apar Thebe, CEO of Junelli Inc., said the 360 Core Banking System is software prepared in accordance with the standards of the core banking system for financial institutions. “Based on financial numbers, we have created a 360 core banking system,” he told ICT News.

After graduating, Apar Thebe wanted to work in the field of technology, and his studies were in technology. While considering this option, he got the idea of making software for the financial sector. After two years of hard work, the 360 Core Banking System has been operational since 2072. It was first used in Myanmar. Currently, the software runs in six microfinance institutions in Myanmar and over 350 cooperatives in Nepal.

The 360 Core Banking System has all the facilities required in a core banking system, including cloud banking, mobile banking, mobile teller, branchless banking, ATM, and SMS banking. Junelli Inc. has come to its current position after overcoming many challenges.

Thebe reports that their software has been successfully running in Myanmar and Bangladesh, and has been used in Nepal since 2074 after a proposal came from the cooperative sector. They are pleased that the software they developed is now serving many cooperatives in Nepal, and there are plans to expand further.


While there are many software options available in the market for cooperatives, Thebe claims that more than half of them do not accurately reflect financial numbers. Some software allows for backward data entry, which financial numbers cannot accept. The 360-core banking system strictly adheres to using financial numbers.


When customers request service facilities that go beyond the financial numbers, the company does not provide such services. Instead, they withdraw the software by mutual agreement. Approximately 20-30% of the company’s software has been pulled from client organizations thus far. The company currently employs more than 25 people, most of whom work on a project basis.


“When foreigners rely on software developed by Nepalis, Nepalis themselves may not trust it. This is because factors such as the availability of skilled manpower and adequate delivery of service facilities can have an impact on the quality of software produced. While some talented individuals and companies in Nepal are capable of delivering world-class work, there may be challenges in scaling up a project beyond a certain framework due to a shortage of skilled workers. Thebe acknowledges this weakness and believes it should be accepted. Additionally, even in cases where opportunities are given, if work is not completed on time, it can lead to distrust.”

Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is senior ICT professional who talks about #it, #cloud, #servers, #software, and #innovation. Rabins is also the first initiator of Digital Nepal. Facebook: rabinsxp Instagram: rabinsxp

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