SaaScada offers a cloud-native core banking engine that utilizes a data-driven architecture with event sourcing and CQRS to enable real-time insights and customer experiences. The platform simplifies the development of diverse financial products, addressing the challenge of high costs and complexity in creating accessible banking solutions for underserved markets.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional core banking systems often operate in silos, leading to high costs, complex integrations, and slow product development, especially when creating accessible banking solutions for underserved markets. Existing financial institutions struggle to innovate in parallel with their legacy systems, while challengers face hurdles in building from the ground up.
Solution
SaaScada offers a cloud-native, data-driven core banking engine designed to simplify the creation of diverse and feature-rich financial products. The platform leverages a unified product hub, eliminating the need for costly siloed product modules and enabling rapid development of market-leading banking products and services. By utilizing a cloud-native CQRS architecture and event sourcing, SaaScada powers real-time data insights and exceptional customer experiences. The platform's open APIs facilitate integration with a wide range of partners, allowing for the creation of a comprehensive partner ecosystem.
Target Audience
SaaScada targets existing financial institutions seeking to innovate alongside legacy systems, challenger banks building from the ground up, and non-banking organizations looking to embed fintech solutions.
Features
- Cloud-native architecture for scalability and resilience
- Data-driven core leveraging CQRS and event sourcing for real-time insights
- Unified product hub for streamlined product development
- Open APIs for seamless integration with third-party services
- Support for a wide range of financial products, including lending, savings, current accounts, and investment products