FANAP is the largest private IT company in Iran, established in 2004 and owned by Pasargad Financial Group. It has 20 subsidiaries and 8 international branches, offering a wide variety of ICT services including banking and financial services, payment processing, telecommunications, ERP, health and public sector services, and ICT infrastructure. FANAP aims to become a global ICT company and create a "Smart Land" consisting of smart cities, smart organizations, and smart citizens through its 71 products and services.