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Top 3 Core Banking Software Companies Under $1M Revenue (September 2026)

As of September 2026, Latka tracks 3 core banking software companies under $1M in annual revenue. They have combined revenues of $1.3M and employ 11 people.

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
3
Revenue
$1.3M
Funding
-
Employees
11

Filters

Sorting: Highest -> Lowest

Filters

Top Core Banking Software Companies Under $1M Revenue

Showing 3 of 3 companies ranked by annual revenue.

1Clariti AI logo
Clariti AI

London, England, United Kingdom

Pricing software for retail banks powered by machine learning. Clariti's SaaS solution can improve your mortgage or savings margins significantly.

Revenue
$603.2K
Year founded
2019
Team size
5
2OpenCBS logo
OpenCBS

United States

Financial institutions need IT systems to operate. Those systems are expensive, they are complex and they are also restrictive as they don't easily adapt to the changing tasks of employees or to the needs of the customers. OpenCBS has developed systems that are agile enough to serve clients in the way they want. Our Cloud-based Core Banking System is built around the needs of the people and takes the complexity out of banking. It is ideal for modern financial institutions. For those who cannot change their Core Banking System, we also have developed modular solutions that digitise key processes like customer onboarding or loan origination. Thanks to OpenCBS, financial institutions bring down their costs, managers get real-time Business Intelligence, employees sell more and ultimately, clients are better served and happier. IT managers are also satisfied because, thanks to our infrastructure light solutions, they can go-live on our systems within weeks and conveniently integrate with other systems via APIs.

Revenue
$440K
Year founded
2013
Team size
4
3Baseella logo
Baseella

United States

Baseella is the ultimate core banking software and ecosystem of customer-facing apps designed to empower payment and electronic money institutions as well as neobanks. Our comprehensive solution is tailor-made to address all the operational challenges faced by PayTech firms, including financial crime prevention, regulatory compliance, management and financial reporting. With Baseella, startups can swiftly launch their services and scale their business without the burden of multi-million euro investments in core banking software. Baseella is built as a fully-fledged core banking system based on the general ledger and chart of accounts; however, our technology stack and architecture address all of the shortcomings of the legacy systems. We are enabling entrepreneurs in the PayTech sector to launch their business quickly and scale it seamlessly by taking the technology uncertainty out of equation. Our team possesses unique knowledge and practical experience in PayTech business development, operations, regulatory authorisations, regulatory compliance, regulatory reporting, designing, and building complex payment processing systems that support organic or explosive growth.

Revenue
$220K
Year founded
2021
Team size
2

Frequently asked questions about Core Banking Software Companies Under $1M Revenue

How many core banking software companies under $1M in annual revenue are there?

Latka tracks 3 core banking software companies under $1M in annual revenue. Together they generate $1.3M in annual revenue and employ 11 people.

Which core banking software company under $1M in annual revenue is the largest?

Clariti AI is the largest, with $603.2K in annual revenue, founded in 2019.

How much revenue does a typical core banking software company under $1M in annual revenue make?

The average core banking software company in this list makes $421.1K a year, across 3 companies with reported revenue.

Who are the leading Core Banking software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are Clariti AI, OpenCBS and Baseella.

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.