Lerian is a core banking platform built on an open-source ledger that supports double-entry transactions and smart contracts, enabling secure and scalable management of financial operations. It addresses the need for robust infrastructure in financial services by providing a customizable, white-label solution that can handle millions of transactions daily.
Funding
$18M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MCFounders
Product
Problem
Financial institutions require robust and scalable infrastructure to manage increasing transaction volumes and complex financial operations. Existing core banking systems often lack the flexibility and transparency needed to adapt to evolving market demands and regulatory requirements. Traditional systems can also be expensive to maintain and customize, hindering innovation and agility.
Solution
Lerian offers a core banking platform built on an open-source ledger designed to provide secure and scalable management of financial operations. The platform supports double-entry transactions and smart contracts, ensuring data integrity and enabling automation of complex financial workflows. Lerian delivers a customizable, white-label solution that allows financial service providers to manage millions of transactions daily while maintaining full control over their branding and user experience. By leveraging open-source technology, Lerian aims to provide a transparent and adaptable infrastructure that fosters innovation and reduces operational costs.
Target Audience
Lerian targets financial institutions, fintech companies, and BaaS providers seeking a scalable, customizable, and open-source core banking platform.
Features
- Open-source ledger for transparent and auditable transaction processing
- Support for double-entry accounting to ensure financial data integrity
- Smart contract capabilities for automating complex financial workflows
- White-label customization options for branding and user experience control
- API, DSL, and CLI access for flexible integration and management
- Multi-asset and multi-currency support for diverse financial instruments
- Real-time performance monitoring for system health and efficiency