Candescent Ignites Bangalore: New Tech Hub Set to Revolutionize Digital Banking

Candescent, a top independent digital banking technology company, has officially opened its new, state-of-the-art facility in Bangalore's International Tech Park. The move is a strategic expansion for the company, doubling the size of its former facility and solidifying Bangalore's position as a global fintech hub.

Key Highlights:

The new Bangalore office will be a regional innovation center, accommodating more than 200 team members and facilitating Candescent's vision of speeding up digital banking software development and product delivery.

The enlarged facility is planned to promote collaboration and innovation, allowing the team to create Candescent's next-generation user experience—marked by a contemporary, sophisticated design, flexible architecture, and data-driven insights for extensive customization and facile fintech integration.

Candescent's leadership highlighted the importance of Bangalore's technology talent in fueling the company's digital transformation. The company will continue to grow its workforce in the region, hiring in product, design, agile, and engineering positions.

The Bangalore team will be enabled to own products end-to-end, unleashing more creativity and efficiency as Candescent continues to enable banks and credit unions to differentiate and future-proof their digital offerings.

Apart from the Bangalore expansion, Candescent will be opening two new offices in New York this spring, further bolstering its global presence. The firm also has offices in Hyderabad and Mumbai.

Candescent already supports more than 1,300 banks and credit unions, covering nearly 30 million users, and is committed to continuing to invest in the world's best technology talent to keep its position at the forefront of digital banking innovation.

Sources: Business Wire, FF News