MEFS was set up in 2017 by a group of motivated veterans from Financial Sector to develop a software to enable smooth working of Exchange Companies weighed down by legacy issues and archaic solutions. Our Promoters who had over 3 decades of experience in the sector knew what they wanted and thus commenced our journey.

Today we provide robust end to end solutions for Remittances and Currency Exchange businesses.

In addition to serving the traditional businesses of Exchange Companies, we have niche products for Wage Protection System, Fee Collection Platform for value added services, Closed Loop Currency Exchange Platform for captive locations, Payroll Management, Audit Module, Compliance Module and Accounting Modules. These are all customized plug and play solutions which can be integrated to any existing platform seamlessly.

Currently we support the operations of two big Exchange Companies in GCC lightening up 70 locations.

Mr. K.S. Subromoniyan

Chief Promoter & Managing Director

A heavy-weight in Oman’s Financial Sector who was responsible for creating and nurturing one of the Sultanate’s large Exchange companies. A serial entrepreneur with interests across multiple domains including Finance, IT, Real Estate and Construction.

Mr. Sudhakar Rao

Director

A technocrat with 3 decades of experience in IT division of a leading bank in India. His deep knowledge in software development and domain knowledge has been the pillar of the company since its inception.

Team Members

The team of MEFS is a mix of experience and youth. We have domain experts with long years of experience in Banking sector along with young software developers with innovative minds who have been pillars of Centralized Money Exchange and Transfer Solutions (CMETS) which is the flagship product of our company.