Apex vs Sopra. Apex Alternative. Sopra Alternative

Which core banking platform is right for your business?

Next-generation banks are disrupting the banking industry. Instant transfers, detailed analytics, and currency exchange at interbank rates are just some of the innovative features that most established banks cannot implement due to the outdated technology at their cores. 

With a modern core banking platform, banks can modernize their product offerings quickly and efficiently. In fact, according to McKinsey, some 70% of banks are already looking to upgrade their core systems to lower costs, accelerate time-to-market, personalize products, and create payment ecosystems.

Apex Softwares 

With over 30 years of combined experience, Apex Softwares aims to deliver a wide range of solutions for 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.

Sopra

Sopra’s microservice-based API-first cloud-native banking platform powers banking institutions with a broad range of features. With its custom or ready-to-use solutions, Sopra has helped to accelerate digital transformation for 1,500+ clients in 80 countries worldwide. 

Sopra promises a lower total cost of ownership (TCO) by automating back-office operations and maximizing the efficiency of everyday operations. Data protection, audit trail, PA-DSS, API-security, fraud prevention, and digital identity management measures make Sopra’s core banking solution a highly secure option in against modern threats. 

Apex SoftwaresSopra
Founded20072012
Number of clients20+ projects1,500
HeadquartersNairobi, KenyaParis, France
Customer profileMicrofinance, banks, African cooperative savings and credit associationsAny type of bank
Number of end-customers500 million
Number of employees5,000
Number of offices25
SolutionsRetail and Mobile Banking
ATM Switch systems
Reporting and BI
System Integrations
Core Banking Systems
Customer Engagement
Ecosystem Management
Lending & Leasing
Collection Management
Deposits & Savings
Payments & Cards
Risk, Regulation & Reporting

Core Banking software alternatives

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 whitelabel. Click here to learn more about the SDK.finance core banking platform, its features & functionality, use cases, integrations, and API, security, and used technologies.