Announcement

On September 17, 2026, in Mumbai, 86400 – an initiative of Mobileware Technologies that builds infrastructure for the financial‑services industry – announced the launch of three new technology offerings: CardsXT as a Service, the 86400 UPI app experience, and IBMB. The launches expand 86400’s proposition across institutional infrastructure, consumer‑facing digital payments, and digital banking.

New Offerings

  • CardsXT as a Service enables banks and fintechs to build, launch and manage card programmes through an integrated technology platform, reducing lifecycle complexity and providing flexibility to scale card products.
  • 86400 UPI app experience extends the company’s technology stack into the consumer‑facing payments layer, offering a platform for a seamless UPI payments experience developed by the 86400 team.
  • IBMB brings 86400’s capabilities into digital banking, focusing on interoperability and connected banking experiences, re‑imagining net and mobile banking to align with broader digital‑payment journeys.

Executive Comments

Satyajit Kanekar, CEO of 86400, stated that financial services are increasingly shaped by the technology layer that connects institutions, products and customers, and that the three offerings provide technology that banks and fintechs can build, adapt and scale as the ecosystem evolves. Amitabh Kanekar, COO & Co‑Founder, added that the three offerings were designed with interoperability from day one, allowing institutions to move fast without re‑architecting as the ecosystem shifts.

Company Background

Founded in 2010, 86400 has been at the forefront of India’s payments technology landscape. Built by professionals from banking and telecom domains, the company adopts a solution‑centric approach to deliver secure and compliant payment technology for India’s digital economy. 86400 partners with banks, NBFCs and other financial institutions nationwide, offering products such as NPCI Switches, APIs and its flagship platform TransXT, all aligned with the compliance and security requirements of India’s payments ecosystem.

Disclaimer

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