CR2
A leading global channel banking software provider delivering ATM, mobile and internet technology to financial institutions.
- Company typePrivate
- Founded1997
- HeadquartersDublin, Ireland
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What CR2 does
CR2 is a self-service banking platform that offers personalized and omni-channel banking solutions. Founded in 1997, the company now provides ATM, internet, kiosk, and point-of-sale services. It also provides a consolidated view of all a customer's accounts and services across all channels, whilst allowing the bank to deliver segmented products and services at every point of customer contact. CR2 has more than 130 implementations across 70 countries and 4 continents. It is headquartered in Dublin, Ireland.
CR2 firmographics
Firmographics- Name
- CR2
- Legal name
- CR2 Ltd.
- Website
- http://www.cr2.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- A leading global channel banking software provider delivering ATM, mobile and internet technology to financial institutions.
- Ownership category
- akta.pro rank
CR2 industry classification
Industry- Product category
- Digital Banking Software
- akta.pro primary industry
- Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM)
- akta.pro secondary industries
- E-commerce & Retail CRM (Customer Data, Loyalty & Personalization) (HDAEAFAE), Customer Service/Support CRM & Contact Center Platforms (BPAFAFAK)
Keywords
Where CR2 is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices8 records
Markets served
CR2 business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Marketing or Sales, Infrastructure, Personnel, Technology or R&D, Operations
Revenue model
- Platform Licensing and Implementation: CR2 generates revenue through licensing its BankWorld platform to financial institutions, including implementation and customization services. The company serves as a software provider to banks, providing digital banking and payments infrastructure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing for financial institutions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
CR2 product offering
Product offeringCore offering
CR2 licenses its BankWorld platform — an integrated digital banking and payments software solution — to banks and financial institutions globally. The platform unifies three core product lines: Digital Banking (mobile, internet, USSD, SMS, and agency channels for retail and business customers), Digital Wallet (financial services without full bank accounts), and Payment Hub (card issuing, ATM driving, and merchant acceptance/POS). The offering includes supplementary modules for intelligent digital onboarding and marketing campaign management.
Product overview
CR2 offers a modular digital banking and payments platform called BankWorld, which uniquely integrates three core product lines—Digital Banking (covering retail, business, and agency banking via mobile app, internet, USSD, and SMS channels), Digital Wallet (enabling financial services without traditional bank accounts), and Payments Hub (comprising card issuing, ATM driving, and merchant acceptance via BankWorld POS). The platform also includes supplementary modules for intelligent onboarding, campaign management, and supports agency banking for reaching underserved populations. CR2's platform powers over 90 bank implementations across 50+ countries, with a stated Partner Ecosystem providing access to third-party fintech innovations.
Differentiator
Problem solved
Functional benefit
Brands
- BankWorld: CR2's core digital banking and payments platform that integrates Digital Banking, Digital Wallet, and Payments Hub (Card Issuing, ATM Driving, Merchant Acceptance) capabilities for financial institutions.
Products and services
- BankWorld Digital Banking Multi-channel digital banking solution for financial institutions covering retail, business, and agency banking segments via mobile app, internet banking, USSD, and SMS channels. Includes customer onboarding, segmentation, campaigning, and secure communication capabilities.
- BankWorld Digital Wallet Digital wallet solution offering a comprehensive financial ecosystem that eliminates the need for a full bank account, with low-cost accounts, remote payment capabilities, and accessibility to financial services.
- BankWorld Payment Hub Integrated payment services platform encompassing card issuing, ATM driving, and merchant acceptance/POS solutions with EMV and Triple DES compliance, multi-currency processing, and scheme clearing/settlement for financial institutions.
- BankWorld POS (Merchant Acceptance) Point of Sale acquiring solution enabling banks to acquire merchant transactions, route to card networks (VISA, MasterCard, UnionPay International), perform settlement and reconciliation, with EMV and Triple DES compliance. Includes advanced services such as cash/cheque deposit and agency banking.
- Intelligent Digital Onboarding Solution AI-enhanced customer onboarding solution enabling digital account opening with identity verification and intelligent automation, designed to reduce customer abandonment rates and processing times for banks.
- Amole Digital Wallet Digital wallet brand particularly deployed in the Ethiopian market, representing CR2's digital wallet solution in specific regional implementations.
Quantifiable outcome
- Intelligent onboarding can reduce costs by up to 50% while dramatically shortening processing times
Companies that use CR2
Customer profileNamed customers12 records
Segments3 records
Ideal customer profiles3 records
CR2 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
CR2 partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- HPS (Hightech Payment Systems)coreHPS, a Moroccan fintech company, completed its acquisition of CR2 Limited in 2024. HPS is targeting annual revenues of $220-300m by 2027 through the combination of organic growth and strategic acquisitions including CR2. CR2 is expected to contribute €30m in revenues in 2025. HPS is transitioning to a SaaS model and investing in cloud data centers globally.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
CR2 competitors and assessment
Company assessmentDirect peers
- Temenos: Global leader in core and digital banking software, competing head-to-head with CR2 in mid-to-large bank digital banking platform deals across emerging and developed markets.
- Backbase: Digital banking platform vendor focused on customer engagement, onboarding, and digital channels for retail and SME banking — directly overlapping with BankWorld's digital banking and onboarding capabilities.
- Thought Machine: Cloud-native core and digital banking platform vendor increasingly competing for tier-1 bank digital transformation deals that CR2 also targets.
- Mambu: SaaS banking platform provider for retail, business, and digital wallet use cases — directly comparable to CR2's modular BankWorld architecture and emerging-market positioning.
- Infosys Finacle: Digital banking platform suite from Infosys widely deployed in emerging markets, directly competing with CR2 for tier-1 and tier-2 bank digital banking deals across Africa, Middle East, and APAC.
Broad incumbents
- Finastra: Large established banking technology provider offering a broad portfolio of core, digital, and payments solutions — competes with CR2's full-stack BankWorld offering in larger banks.
- FIS: Global incumbent in banking and payments software with digital banking and card issuing products that overlap with CR2's Digital Banking and Payment Hub modules.
- Oracle Financial Services: Provides end-to-end banking and payments software for large global banks, including digital channels and payment hubs that compete with CR2's integrated platform.
Emerging players
- nCino: Cloud banking platform with strong position in business and commercial banking — overlaps with CR2's Business Banking module and increasingly competes in mid-market bank digital banking deals.
Others
- Tagetik / Wolters Kluwer Finance: Not a direct competitor but an adjacent enterprise finance software provider often found in the same banking IT procurement conversations; useful for ecosystem context.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CR2 social profiles
Digital presenceCR2 compliance and trust
Trust signalCompliance1 record
CR2 financial estimates
Financial estimateRevenue estimate
Valuation estimate
CR2 leadership team
Management profileNumber of profiles
Profiles4 records
CR2 funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CR2 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 CR2
What does CR2 do?
CR2 licenses its BankWorld platform — an integrated digital banking and payments software solution — to banks and financial institutions globally. The platform unifies three core product lines: Digital Banking (mobile, internet, USSD, SMS, and agency channels for retail and business customers), Digital Wallet (financial services without full bank accounts), and Payment Hub (card issuing, ATM driving, and merchant acceptance/POS). The offering includes supplementary modules for intelligent digital onboarding and marketing campaign management.
Is CR2 a public or private company?
CR2 is a private company. It is classified as corporate owned and is currently operating.
When was CR2 founded?
CR2 was founded in 1997. It employs 101 to 250 people.
Where is CR2 based?
CR2 is headquartered in Dublin, Ireland, in the Europe region.
How does CR2 make money?
One revenue line is on record: platform Licensing and Implementation.
Who are CR2's main competitors?
Direct peers on record are Temenos, Backbase, Thought Machine, Mambu and Infosys Finacle. Broad incumbents are Finastra, FIS and Oracle Financial Services. nCino is listed as an emerging player. Tagetik / Wolters Kluwer Finance is listed as an others.
Does CR2 have an API?
No public API is recorded for CR2.
What industry is CR2 in?
CR2's product category is Digital Banking Software. Its primary akta.pro industry code is FSAGAAAM, Customer Experience & Engagement (CRM, Support, Rewards, Loyalty), with a secondary code of HDAEAFAE, E-commerce & Retail CRM (Customer Data, Loyalty & Personalization).