Find the best core banking platform for your business
Innovative products and services running off modern core banking platforms are transforming the banking industry. Functional web and mobile banking experiences offered by challenger banks are forcing established banks to review the legacy technology at their cores.
White label core banking software is helping banks to radically modernize and benefit from lower costs, accelerated time-to-market, quick scaling, and personalized consumer propositions. Given these benefits, it’s not surprising that over 65% of banks are exploring cloud-based platforms.
Apex Softwares
With over 30 years of combined experience, Apex Softwares aims to deliver a wide range of solutions for the automation of financial operations in the banking sector. Apex’s cloud-based core banking platform has been chosen for 20+ projects by companies in Africa, Europe, and New Zealand.
The company offers a wide-range of solutions for automation of financial operations covering banking areas such as retail banking services, portfolio management, and savings, current and fixed deposit accounts.
Finacle
Finacle, developed by Infosys, is a cloud-based banking solution that helps financial institutions modernize their core banking capabilities. The platform is used by banks in 100+ countries and serves 1 billion end-customers worldwide.
With open APIs, embedded customer insights, and a real-time processing engine, Finacle offers a comprehensive set of products that are sure to accelerate innovation-led growth. The highly modular solution was designed to speed up the production of new products and accelerate digital adoption.
A trusted partner to over 1,300 clients, Finacle delivers faster, safer, and fully personalized core banking services.
Apex vs. Finacle
| Apex Softwares | Finacle | |
| Founded | 2007 | 1999 |
| Number of clients | 20+ projects | 1,300 |
| Headquarters | Nairobi, Kenya | Bangalore, India |
| Customer profile | Microfinance, banks, African cooperative savings and credit associations | Retail, corporate, universal, community, and Islamic banks; lending and payment providers |
| Number of end-customers | – | 1 billion |
| Number of employees | – | 2,800 |
| Number of offices | – | 6 |
| Solutions | Retail and Mobile Banking ATM Switch systems Reporting and BI System Integrations |
Corporate, Retail, Universal, Community Banking Suites Payments Connect Digital Engagement Hub |
Apex and Finacle alternative
SDK.finance
SDK.finance is the core payment software provider with a strong API layer for banks and FinTechs. Founded in 2013 and based in Vilnius, Lithuania, they offer a highly secure and mobile-ready solution to delight banking customers and take the lead in the open banking world.
The Platform consists of 5 main components: a back-end wrapped in 400+ API endpoints, 3 front-end frameworks, and web for system management with capabilities in iOS and Android for our clients.
SDK.finance offers Digital Retail Bank software in white label.
Click here to learn more about the SDK.finance core banking platform, its features & functionality, use cases, integrations, and API, security, and used technologies.