Virtual Galaxy Infotech Lands USD 550,000 Order for Zimbabwean Fintech Expansion

Virtual Galaxy Infotech Lands USD 550,000 Order for Zimbabwean Fintech Expansion​

Virtual Galaxy Infotech Limited (VGIL), a technology company specializing in digital solutions across Banking and Cybersecurity, has secured a significant international order valued at USD 550,000. The contract is with Entire Office Systems Private Limited, Zimbabwe, for the design, development, customization, implementation, and maintenance of a next-generation Mobile Wallet and QR Payment Platform.

The contract marks a strategic move in VGIL's international expansion efforts, strengthening its growing presence within the African digital financial services market. This project aims to support digital payment adoption, merchant digitization, and cashless transactions within the Zimbabwean financial ecosystem.

Under the mandate, VGIL will deploy a comprehensive digital payments platform. The solution encompasses mobile wallet services, QR-based merchant payments, fund transfers, bill payments, customer onboarding, transaction management, and seamless integration with existing banking infrastructure. This platform is designed to deliver secure, scalable, and high performance payment services that adhere to global security standards and can support large transaction volumes.

"Our entry into Zimbabwe marks another important step in VGIL's long-term international growth strategy," stated Avinash Shende, Chairman, Executive Director, and CFO of Virtual Galaxy Infotech Limited. "Africa continues to demonstrate strong demand for digital banking, mobile payments, and financial inclusion solutions. This order further validates the global scalability of our technology platforms and strengthens our presence across the African continent."

Sachin Pande, Managing Director and CTO of VGIL, added that their Mobile Wallet and QR Payment Platform was developed with a focus on interoperability, security, and user experience. He noted that we are "delighted to partner with our customer in Zimbabwe" and look forward to delivering a future ready payments infrastructure.

VGIL maintains a portfolio of AI driven and mission critical solutions for financial institutions, enterprises, and government organizations. Its services include Core Banking Solutions, Digital Payments, Cybersecurity, ERP, Conversational AI, Intelligent Surveillance, and e-Governance platforms. The company's international footprint is expanding across Africa and other emerging markets, complementing its domestic presence in the BFSI and government sectors.

Financial Performance Highlights for FY26​

The new order comes amid a strong financial performance reported by VGIL for FY26, driven by demand for the company's AI led software products and digital transformation solutions.

The key financial metrics are detailed below:


The company continues to maintain a healthy order pipeline across Banking, Fintech, Cybersecurity, ERP, AI, and e-Governance segments, offering strong visibility for future growth. VGIL is focused on building globally scalable technology platforms that empower various stakeholders to accelerate digital transformation while enhancing security and operational efficiency.

VGINFOTECH Stock Price Movement​

As of 3:26 PM, shares of Virtual Galaxy Infotech Limited slip by 1.50% in live trading, currently priced at ₹153.85. The stock has seen a volume of 101,000 shares as it continues to trade within the Information Technology sector.