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Top 6 Core Banking Software Companies With $5M–$10M Revenue (September 2026)

As of September 2026, Latka tracks 6 core banking software companies with $5M–$10M in annual revenue. They have combined revenues of $44.5M and employ 465 people. They have raised $100.1M and serve 50 customers combined.

Every company below sells core banking software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Core Banking Software Companies do

Core Banking Software is a centralized system that supports the essential functions of a financial institution, managing daily operations such as savings and checking account management, loan processing, and customer relationship management. This software enables banks and credit unions to offer seamless financial services to their customers, allowing them to access their accounts from multiple branches and providing real-time transaction capabilities. Typical features of core banking software include transaction processing, reporting tools, account management, and integration capabilities with other financial systems. These solutions cater primarily to financial institutions like banks and credit unions, and are typically utilized by departments such as IT, operations, and compliance to ensure daily banking activities run smoothly and efficiently. Core banking systems are designed to handle a high volume of transactions while maintaining robust security and data integrity.

Companies
6
Revenue
$44.5M
Funding
$100.1M
Employees
465

Filters

Sorting: Highest -> Lowest

Filters

Top Core Banking Software Companies With $5M–$10M Revenue

Showing 6 of 6 companies ranked by annual revenue.

1Bankjoy logo
Bankjoy

Troy, Michigan, United States

An end-to-end digital banking solution for banks and credit unions

Revenue
$9.5M
Year founded
2015
Team size
64
2Meniga logo
Meniga

London, England, United Kingdom

Meniga is a global leader in digital banking solutions, serving over 100 million banking customers across 165 financial institutions in 30 countries spanning Europe, North America, the Middle East and Asia. Our customers include some of the most influential banks of these regions, such as UniCredit, Groupe BPCE, UOB, Swedbank, SAB, Tangerine, and Crédito Agrícola. Our award-winning products enable large financial institutions to transform their online and mobile digital environments with minimal investment within weeks, not years. Meniga has developed a framework for next-generation digital banking around advanced data consolidation and enrichment and AI-powered Insights, allowing banks to hyper-personalise the digital banking experience. Our state-of-the-art finance management solutions position Meniga as the chosen orchestration platform for enabling neobank-grade customer experiences. Meniga is a six-time winner of “Best of Show'' at Finovate Fall and Finovate Europe, “Best Digital Banking Vendor” at the Banking Tech Awards, “Best Company” at the European FinTech Awards and has been featured three times on the FinTech50 list. Meniga’s offices are in London, Reykjavik, and Warsaw with plans for ongoing expansion into new markets globally.

Revenue
$8.6M
Year founded
2009
Funding
$37.8M
Team size
78
3TAO Solutions Inc. logo
TAO Solutions Inc.

Toronto, Ontario, Canada

Trusted by leading global banks and financial institutions of all sizes, TAO is a world leader of Structured Finance, ABCP Conduit, Warehouse Securitizations and Covered Bond SaaS solutions designed to empower the financial services industry with operational agility and robust capabilities. For over a decade, TAO has worked with financial industry leaders globally to drive growth, save costs, and increase efficiency by leveraging cutting-edge technology, deep-rooted industry expertise, and exceptional customer service.

Revenue
$8.6M
Year founded
2009
Team size
78
4BankingLab logo
BankingLab

Vilnius, Vilnius, Lithuania

BankingLab is a banking software developer mainly focusing on cloud-based solutions. Its main clients are traditional and emerging banks, payment service providers (PSPs) such as electronic money institutions (EMIs) or payment institutions (PIs) and various FinTechs. Our solutions include: Core banking – ensures smooth operations of key banking functions such as record keeping, internal and third-party transactions, lending products, including business and consumer loans, deposits, savings and current accounts. Payments – number of modules to support connectivity to SEPA directly and via CentroLINK offered by the Central Bank of Lithuania, including support of SEPA Instant payments. SWIFT and local payments via correspondents or directly via TARGET-2. Front-end – ready-made and fully customizable internet banking and mobile applications to go to market within weeks. While our banking as a service (BaaS) API enables clients to build front-end solutions by themselves. Compliance – in-house developed various compliance and anti-money laundering (AML) tools to automate key processes. Reporting modules such as common reporting standard enables the automation of reporting obligations. Know-your-client, know-your-business, transaction monitoring, on-going due diligence, and screening (sanctions, negative press, politically exposed persons) modules ensures compliance with AML requirements. Card processing – interact with major payment card networks such as Visa and Mastercard to issue payment cards or acquire card payments. Our partnering financial institutions can sponsor our clients to issue cards to their clients without additional integrations and development. Tailored made services – is one of our unique properties as all our products are developed in-house. We have a competitive edge to customize our solutions to specific clients’ requirements or build an additional service for business cases, no matter how innovative they are.

Revenue
$6.5M
Year founded
2012
Team size
59
5Mantl logo
Mantl

New York, New York, United States

Developer of a cloud-based enterprise software for banks and credit unions. The company's platform is a customer-centric outer core ecosystem built in the cloud that gives banks and credit unions the flexibility to innovate using modern technology, enabling them to own their brand throughout the entire customer lifecycle.

Revenue
$6.1M
Customers
50
Year founded
2016
Funding
$62.3M
Team size
138
6Financial Management Software, Inc. (FMSI) logo
Financial Management Software, Inc. (FMSI)

Cottonwood Hts, Utah, United States

FMSI provides easy-to-use, yet sophisticated, software-as-a-service solutions, under the FMSI OneCX platform. FMSI OneCX consists of four key products; FMSI Appointments, FMSI Lobby, FMSI Analytics, and FMSI Staff Scheduler. FMSI’s tools help financial institutions improve team collaboration, enhance productivity, and deliver better visitor experiences – powered by data-driven decisions and real-time feedback. Visit FMSI's website at https://www.fmsi.com to schedule a complimentary demo of the FMSI OneCX platform.

Revenue
$5.3M
Year founded
1990
Team size
48

Frequently asked questions about Core Banking Software Companies With $5M–$10M Revenue

How many core banking software companies with $5M–$10M in annual revenue are there?

Latka tracks 6 core banking software companies with $5M–$10M in annual revenue. Together they generate $44.5M in annual revenue and employ 465 people.

Which core banking software company with $5M–$10M in annual revenue is the largest?

Bankjoy is the largest, with $9.5M in annual revenue, founded in 2015.

How much revenue does a typical core banking software company with $5M–$10M in annual revenue make?

The average core banking software company in this list makes $7.4M a year, across 6 companies with reported revenue. They serve 50 customers combined.

Who are the leading Core Banking software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Bankjoy, Meniga, TAO Solutions Inc., BankingLab and Mantl.

How much funding have core banking software companies with $5M–$10M in annual revenue raised?

The 6 core banking software companies with $5M–$10M in annual revenue tracked here have raised $100.1M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Must provide centralized management of banking operations such as accounts, loans, and transactions. - Must support real-time processing and accessibility for customers across multiple banking branches. - Should include features for customer relationship management, reporting, and compliance. - Must ensure robust security measures, including encryption and fraud detection. - Not just focused on transaction processing; must also facilitate integration with other financial software solutions.