Global Engineering Center in India to support payments engineering, AI, digital transformation, and global technology operations.
OREM, Utah, Sept. 29, 2026 /PRNewswire-PRWeb/ -- What started two years ago as a technology delivery partnership has evolved into something significantly bigger: a strategic engineering collaboration designed to power the next phase of innovation for one of the U.S. payments technology industry's growing players.
Nexio, a U.S. based payments technology company, and Innovecture LLC, a U.S. based, a technology and engineering services firm with global footprint, today announced the expansion of their partnership through a Global Engineering Center (GEC) in Pune, India.
The expanded center will operate as an extension of Nexio's U.S. based technology organization, bringing together engineering talent, payments expertise and emerging technologies to support Nexio's global platform and operations.
From Delivery Center to Strategic Engineering Hub:
The story began in 2024, when Nexio started working with Innovecture's established India Development Center in Pune to support its research, technology and IT engineering needs. Over the past two years, the relationship has grown well beyond traditional offshore delivery. The Pune, India team has become an integral part of Nexio's ecosystem - supporting business, software engineering, quality assurance, application support, IT operations and other critical functions. That evolution has now led to the creation of a GEC model, giving Nexio a scalable engineering organization in India that can operate as an extension of the global team. The center is enabling teams across geographies to collaborate continuously while accelerating development, modernization and operational initiatives.
Engineering for the Next Generation of Payments:
The expanded partnership brings together two complementary strengths. Nexio brings deep expertise in payments, processing and financial technology platforms. Innovecture brings nearly two decades of experience in software engineering, architecture, payment technology, AI, digital transformation and global technology delivery. Together, the companies will expand capabilities across artificial intelligence, digital transformation, platform modernization, automation, application development, quality engineering, and technology support. The collaboration is also expected to create a foundation for integrating AI into engineering, automation and technology operations, helping Nexio modernize its technology landscape while continuing to scale its payments platform.
A Partnership Built on Proven Results:
For Nexio, the decision to establish a GEC is a natural next step following two years of working closely with Innovecture. Roy Banks, CEO, Nexio, said: "Payments is no longer a back-office function; it's where a business either scales or stalls. Over the past two years, our team in Pune, India, has become an integral part of our roadmap, giving us the confidence to expand that presence into a Global Engineering Center."
For Innovecture, the partnership represents the evolution of its Global Agile Delivery Model from traditional technology delivery toward deeply integrated, long-term engineering partnerships. Shreyas Kamat, Founder & CEO, Innovecture, said: "The strategic fit between our organizations has always been clear. Nexio has brought deep command of global payments; we have brought engineering, architecture, payment technology and AI capability built over nearly two decades of solving complex problems for enterprise clients across geographies. This expanded partnership allows us to bring those strengths together properly - building payments infrastructure that is intelligent by design and supported across time zones."
Beyond the Traditional Offshore Model:
The Nexio–Innovecture collaboration reflects a broader transformation taking place across global technology organizations. India is increasingly becoming more than a destination for cost-efficient technology delivery. Global enterprises are establishing strategic engineering capabilities in India to access specialized talent, accelerate innovation, strengthen technology operations and build around-the-clock development models. The Nexio and Innovecture partnership is designed around precisely that model. Rather than operating as a separate delivery function, the Pune GEC will work as an integrated extension of Nexio's global organization - with shared engineering objectives, technology priorities and delivery accountability.
What's Next:
The new GEC creates a platform for the partnership to scale further across engineering, AI, automation, modernization and payments technology. Additional details about the center's technology scope, team expansion, capabilities and future growth plans will be unveiled during the upcoming Pune event, where Nexio and Innovecture executives will come together to mark the next chapter of the partnership.
About Nexio
Nexio is a payments technology company that helps businesses simplify and scale how they accept and manage payments. Its platform supports omnichannel and multi-currency payment processing, back-office tooling and embedded payments for software platforms, merchants and sales organizations. Nexio is headquartered in Orem, Utah, USA.
About Innovecture
Founded in 2007 by Shreyas Kamat, Innovecture, headquartered in the U.S. is a global technology and management consulting firm delivering engineering, architecture, AI and digital transformation services to Fortune 500 clients worldwide.
Media Contact
Prathamesh Amberkar, Innovecture, 1 801-495-7050, [email protected], www.innovect.com
SOURCE Innovecture
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