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 helps 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.
Avaloq
Avaloq’s core banking platform used by LGT, Deutsche Bank, and Barclays, among many others, offers optimized efficiency and future-proofed software. With more than 70 modules and digital solutions, the highly modular platform can be seamlessly integrated and scaled to best match the needs of a client.
Avaloq’s system delivers out-of-the-box efficiency with the flexibility to run ‘as is’. The company’s tried and tested process gets many banks and wealth managers up and running in just 90 days. The platform excels at reducing redundancies and streamlining back-office operations, so staff can focus on high-value tasks while clients receive superior digital service.
Mambu
As a relative newcomer, Mambu has established itself as a rapidly growing supplier of banking solutions. In the two years since its founding in 2011, Mambu’s platform was adopted by 100 microfinance organizations in 26 countries around the world.
Today, the Berlin-based start-up services over 150 banks, fintechs, and telecom companies with over 14 million end-users. Mambu helps prominent companies like Santander, N26, and Orange to rapidly design, launch, and scale their digital-first banking and lending services.
With a platform built from the cloud upwards, Mambu’s SaaS engine is a powerful alternative to costly and complex traditional core banking systems. Besides its cloud approach, Mambu provides its clients with tools to build, integrate, and launch any lending portfolio.
| Avaloq | Mambu | |
| Founded | 1985 | 2011 |
| Number of clients | 150 | 150 |
| Headquarters | Zurich, Switzerland | Berlin, Germany |
| Customer profile | Wealth managers, retail banks | Alternative lenders (p2p, marketplace personal and SME lenders), deposit-taking institutions, and mobile banking providers. |
| Number of end-customers | Unknown – $4.5 trillion in assets | 14 million |
| Number of employees | 2,000 | 200+ |
| Number of offices | 24 | 8 |
| Solutions | Avaloq Core Avaloq Wealth Avaloq Engage Avaloq Insight | Composable banking Cloud banking platform Mambu Process Orchestrator |
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.