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EdgeVerve Systems, the financial product unit of Infosys, the information technology major, is tapping into the expertise of Indian start-ups to step up its digital offering as part of its Finacle platform to financial service customers globally.
In September, the company (a fully owned subsidiary of Infosys) firmed two partnerships with local start-ups to take their solutions to customers globally. On Friday, it said it would take near-field communications, payments and location-based services of ToneTag, a Bengaluru start-up that is backed by former Infosys director T V Mohandas Pai, to its customers as part of Finacle.
ToneTag also counts among its investors Facebook
