Finastra Essence
5.4#11 in banking systemsWebAPISelf-hosted
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| Fact | Finastra Essence | Mbanq Cloud |
|---|---|---|
| Headquarters | London, United Kingdom | LinkedIn lists headquarters in Naples, Florida, at 4850 Tamiami Trail North, Unit 301. |
| Intended users | Finastra says Essence is designed for financial institutions of all tiers, including digital challengers, fintechs, established banks and building societies. | Mbanq Cloud is described as infrastructure for fintech platforms, embedded finance products, neobanks, and software platforms adding financial services. |
| Product | Essence is a next-generation core banking solution built on microservices and open APIs, with real-time processing for deposits, lending and payments. | Mbanq Cloud is a cloud-based banking platform for fintechs and neobanks to launch banking instances and financial products. |
Essence is intended for financial institutions of different sizes, including digital challengers, fintechs, banks, and building societies. Its supported segments include retail, SME, commercial, and Shariah-compliant banking.
You want what its maker publishes above — check its page for the details.