Avoka

Avoka

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DateInvestorsAmountRound

$16.0m

Debt
*

$16.0m

Debt
*

N/A

Acquisition
Total Funding-

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Temenos is a leading provider of banking software solutions, catering to financial institutions of all sizes globally. The company operates in the financial technology (FinTech) market, offering a comprehensive suite of products that support traditional and real-time payments, digital transformation, and multi-channel education for training and certification. Temenos serves a diverse range of clients, including some of the most profitable banks in the world, by providing end-to-end banking functionality with model bank capabilities for over 150 countries. The company’s solutions are delivered on the advanced Temenos Platform, which is cloud-native, cloud-agnostic, AI-driven, and API-first, allowing for deployment on-premise, in the cloud, or as a service. Temenos generates revenue through software licensing, implementation services, and ongoing support and maintenance. The business model focuses on helping clients accelerate their digital transformation with proven implementation strategies and a strategic survey-based service to discuss business and IT metrics. Temenos also offers a robust ecosystem with over 700 open APIs, enabling faster innovation and seamless integration with other FinTech solutions. The company emphasizes reducing costs and shortening software release cycles through continuous deployment and DevOps practices.

Keywords: banking software, cloud-native, AI-driven, financial institutions, digital transformation, real-time payments, multi-channel education, API ecosystem, continuous deployment, FinTech.

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