Savana
Savana provides a core-agnostic digital banking platform that orchestrates banking systems, workflows, and channels for US banks, credit unions, and fintechs. Its modular API-first platform unifies banker and customer experiences through 140+ pre-configured workflows and a single code base.
- Company typePrivate
- Founded2013
- HeadquartersMalvern, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Savana does
Savana is a US-based software company that provides a core-agnostic digital banking platform to financial institutions, primarily US banks, credit unions, and fintech companies. Founded in 2013 and headquartered in Malvern, Pennsylvania, Savana operates as an orchestration layer that sits above core banking systems to unify disparate systems, workflows, and channels. The company's stated mission is to address banking technology fragmentation by connecting traditional, modern, and multi-core environments with CRM, BPM, call center, document storage, payments, fraud prevention, and KYC/KYB systems under a single platform.
The platform is modular and consists of two interconnected solution modules — Banker Experience and Customer Experience — running on a single unified code base. Banker Experience provides a unified banker desktop combining CRM, BPM, communications, and case management with 360-degree customer views for branch, contact center, and back-office operations. Customer Experience delivers modern digital banking and account opening across online and mobile channels. The platform is built on an API-first architecture with 140+ pre-configured banking workflows and offers full source code access for client customization. Savana also supports multi-brand deployments from a single platform instance and Banking-as-a-Service (BaaS) models for sponsor banks and program managers.
Savana generates revenue primarily through enterprise platform licensing on a subscription basis with multi-year contracts, supplemented by professional services for implementation and configuration. Pricing is custom and not publicly disclosed, requiring prospects to request a demo. The company sells exclusively through direct enterprise sales targeting IT and business leadership at mid-to-large financial institutions undergoing digital transformation. Notable customers include Woodforest National Bank (760+ branches across 17 states), Primis Bank ($3.4B in assets), Live Oak Bank, OFG Bancorp, and First Horizon. The company has raised approximately $53.9M in funding across four rounds, with the most recent being a $35M Series B in August 2022 led by Georgian with strategic participation from Fiserv.
Savana firmographics
Firmographics- Name
- Savana
- Legal name
- Savana
- Website
- https://savanainc.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Savana provides a core-agnostic digital banking platform that orchestrates banking systems, workflows, and channels for US banks, credit unions, and fintechs. Its modular API-first platform unifies banker and customer experiences through 140+ pre-configured workflows and a single code base.
- Ownership category
- akta.pro rank
Savana industry classification
Industry- Product category
- Digital Banking Platform
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- akta.pro primary industry
- Digital Banking & Neobank Platforms (BPAMAFAD)
- akta.pro secondary industries
- Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC), BaaS Platforms & Sponsor Bank Enablement (FSAGALAA), Embedded/Platform Neobanks (Banking-as-a-Feature) (FSABAFAF)
Keywords
Where Savana is headquartered
LocationHeadquarters
- HQ city
- Malvern
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Savana business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform Licensing: Savana licenses its digital banking platform to financial institutions. The platform is modular, allowing institutions to license specific solutions (Banker Experience, Customer Experience) independently or together. As a SaaS/platform solution, this likely involves subscription-based licensing with implementation and professional services.
- Professional Services: Implementation, configuration, and consulting services to deploy the platform within financial institutions' technology ecosystems. The company's open, API-first architecture and modular approach suggests professional services play a significant role in revenue.
- Multi-Tenant Platform Fees: Savana supports BaaS models and multi-brand institutions operating from a single platform instance, suggesting revenue may also derive from tiered or per-brand/platform fees for institutions managing multiple brands or fintech partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise Platform Licensing - custom pricing based on institution size and module selection |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Savana product offering
Product offeringCore offering
Savana provides an API-first, core-agnostic digital banking orchestration platform that sits above legacy and modern core banking systems to unify every channel, system, and user. It delivers two interconnected modules — Banker Experience (unified CRM, BPM, communications, case management, and 360-degree customer view for assisted channels) and Customer Experience (online and mobile banking, account opening, self-service) — sold together or independently.
Product overview
Savana offers a unified digital banking platform architecture consisting of the core Savana Platform that sits above core banking systems, with two interconnected solution modules: Banker Experience and Customer Experience. Both modules run on the same unified platform, sharing real-time data and processes. The Banker Experience delivers unified banker desktop functionality combining CRM, BPM, communications, and case management for contact center, branch, back office, and assisted account opening. The Customer Experience provides modern digital banking and account opening across online and mobile channels. Together, they enable seamless movement between self-service and assisted channels with full context continuity.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 140+ preconfigured workflows designed for banking best practices
- +3 more outcomes
Companies that use Savana
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Savana technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Savana partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and supporting.
- FinxactcoreFinxact serves as the core banking platform for Primis Bank, which launched its digital offering on Savana's platform. Savana integrates with Finxact to orchestrate processes and transaction requests across the enterprise, demonstrating the platform's ability to work with modern core systems.
- Core Banking Platform ProviderscoreSavana integrates with traditional, modern, and multi-core environments including major core banking system providers. The platform supports operating one Savana instance over multiple cores, providing flexibility for institutions with complex technology environments or those undergoing core transitions.
- System Integrators and ConsultantssupportingSavana partners with best-in-class technology providers, system integrators, and consultants who share the vision for modern, seamless banking. These partners assist with implementation and deployment of the Savana platform within financial institutions.
- CRM and Marketing Technology ProviderssupportingSavana integrates with CRM systems and marketing/pipeline management tools to enhance customer engagement and drive new business opportunities. Integrations connect customer data and workflows across the unified platform.
- Call Center Technology ProviderssupportingSavana integrates with cloud-based call center systems to embed calls into servicing workflows, enabling unified customer interaction management across channels.
- Payments and Money Movement ProviderscoreSavana integrates with money movement services including ACH, wires, and electronic transfers with built-in security controls. Also integrates with bill payment, P2P payments, and card management services.
- KYC/KYB and Identity Verification ProviderscoreSavana integrates with identity verification and KYC/KYB services to accelerate onboarding compliance and fraud prevention. Includes biometric, document, and database-driven authentication methods.
- Document and Statement Service ProviderssupportingSavana integrates with statement generation, print mail, and document vaulting services to automate document delivery and ensure audit-ready storage across digital and physical channels.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Savana competitors and assessment
Company assessmentDirect peers
- nCino: nCino offers a cloud banking operating system for banks, combining CRM, workflow, and customer onboarding. Comparable in its banker-desktop / unified-platform approach and in targeting commercial and retail banking transformation.
- Alkami Technology: Alkami is a cloud-based digital banking platform serving US banks and credit unions. Closest direct competitor to Savana in target customer (community/mid-market FIs and credit unions) and product surface (digital banking, account opening, banker experience).
- Backbase: Backbase is a digital banking platform that emphasizes orchestration and unification across the customer lifecycle. Highly analogous in architectural philosophy (orchestration layer, core-agnostic, journey orchestration) and in banking-segment focus.
- Q2 Holdings: Q2 (now Q2 Holdings) provides a digital banking platform and related banker/relationship-management tools to community banks and credit unions. Highly comparable in vertical focus, SaaS model, and unified banker/customer experience positioning.
- Blend: Blend is a digital banking and consumer finance platform serving banks, credit unions, and fintechs. Comparable in target customer base and product surface (digital onboarding, account opening, banker workflows) and in cloud/SaaS delivery model.
Broad incumbents
- FIS: FIS is a large incumbent bank technology provider with a digital banking suite. Competes with Savana across digital channels for mid-to-large FIs and benefits from deep incumbent relationships and broad product bundling.
- Fiserv: Fiserv is one of the largest bank technology incumbents and is also a strategic investor in Savana. Its digital banking and core platforms overlap directly with Savana's offering, while also validating Savana's market opportunity.
- Jack Henry: Jack Henry is a major incumbent bank technology vendor with the Banno digital platform and core systems. Overlaps with Savana in digital banking and banker experience but competes from a much broader portfolio and large installed base.
- Temenos: Temenos is a global digital banking and core platform vendor. Competes with Savana at the orchestration/digital-front-end layer and offers a much broader global footprint and product suite.
Emerging players
- Mambu: Mambu provides a cloud-native core banking and BaaS platform. Comparable to Savana in serving sponsor banks and fintech program managers and in the BaaS enablement thesis, though it competes more as a core than an orchestration layer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Savana social profiles
Digital presenceSavana financial estimates
Financial estimateRevenue estimate
Valuation estimate
Savana leadership team
Management profileNumber of profiles
Profiles6 records
Savana funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Savana M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Savana
What does Savana do?
Savana provides an API-first, core-agnostic digital banking orchestration platform that sits above legacy and modern core banking systems to unify every channel, system, and user. It delivers two interconnected modules — Banker Experience (unified CRM, BPM, communications, case management, and 360-degree customer view for assisted channels) and Customer Experience (online and mobile banking, account opening, self-service) — sold together or independently.
Is Savana a public or private company?
Savana is a private company. It is classified as venture growth investor backed and is currently operating.
When was Savana founded?
Savana was founded in 2013. It employs 101 to 250 people.
Where is Savana based?
Savana is headquartered in Malvern, United States, in the North America region.
How does Savana make money?
Three revenue lines are on record. Platform Licensing is the primary driver. The others are professional Services and multi-Tenant Platform Fees.
Who are Savana's main competitors?
Direct peers on record are nCino, Alkami Technology, Backbase, Q2 Holdings and Blend. Broad incumbents are FIS, Fiserv, Jack Henry and Temenos. Mambu is listed as an emerging player.
Does Savana have an API?
Yes. Savana's Banking APIs go beyond simple data exchange to unify banking workflows across channels, enabling self-service and assisted channels to function as one. The APIs orchestrate entire banking processes between self-service and assisted channels, ensuring consistency in how experiences function. They provide total connectivity by connecting Banker and Customer Experience to unified cores, third-party tools, and operational systems. Savana's open, API-first architecture enables full banking processes to be extended into any digital experience, providing flexibility to scale as a bank evolves. The platform uses reusable process APIs that work across branch, mobile app, call center, or back office.
What industry is Savana in?
Savana's product category is Digital Banking Platform. Its primary akta.pro industry code is BPAMAFAD, Digital Banking & Neobank Platforms, with a secondary code of FSAGAAAC, Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts). Its NAICS code is 5182.