IBT Apps
IBT Apps is a privately held US software firm that provides a cloud-based core banking platform (i2Suite) — including digital, mobile, teller, origination, payments, and fraud — exclusively to community banks, serving 100+ clients nationwide via a subscription model.
- Company typePrivate
- Founded2004
- HeadquartersCedar Park, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What IBT Apps does
IBT Apps is a privately held US software company, founded in 2004 by Chuck Capel and Mike Shubert (per company history; firmographic data lists 1999) to deliver core banking technology exclusively to community banks. The company is headquartered in Cedar Park, Texas, with a secondary office in Des Plaines, Illinois (Chicago), and serves more than 100 community bank clients nationwide. IBT Apps operates in a narrow vertical — community banks seeking to replace or modernize legacy core systems — and positions itself as a partnership-oriented alternative to larger, diversified core vendors.
The company's flagship product is i2Suite, a cloud-based, open-API core banking platform that unifies core processing (IBT Core), digital banking (IBT Digital), mobile banking (i2Mobile), teller capture (IBT Teller), operations management, payment solutions (EFT/debit, Apple Pay/Google Pay), document control (IBT Docs), fraud prevention (i2FraudStop), and remote deposit capture (i2RDC). The suite is extended by SecureLEND and PowerLender for loan origination, and SecureOPEN and i2Deposit for deposit origination. IBT Apps maintains an extensive integration ecosystem — PowerLender alone integrates with 70+ third-party providers, and the platform connects with Nasdaq Verafin, Wolters Kluwer, Abrigo, Deluxe, Jack Henry, ENACOMM, MX, and many others. Infrastructure and managed security services are delivered through an FFIEC-examined, SOC II audited partnership with Ironcore.
IBT Apps generates revenue primarily through a subscription/SaaS model under the IBT One pricing program, which bundles core processing, digital banking, mobile banking, and teller capture into a single predictable monthly fee; loan and deposit origination solutions are sold as separate add-ons. Additional recurring revenue comes from managed network services (via Ironcore) and website design/hosting services (via Deluxe). Go-to-market is consultative enterprise sales, supplemented by heavy participation in community banking industry events (ICBA LIVE plus state banking association conventions in at least six states). The company is bootstrapped — no external funding rounds are disclosed — and remains under founder and management control with a leadership bench drawn in part from Lloyds Banking Group.
IBT Apps firmographics
Firmographics- Name
- IBT Apps
- Legal name
- IBT Apps
- Website
- https://ibtapps.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IBT Apps is a privately held US software firm that provides a cloud-based core banking platform (i2Suite) — including digital, mobile, teller, origination, payments, and fraud — exclusively to community banks, serving 100+ clients nationwide via a subscription model.
- Ownership category
- akta.pro rank
IBT Apps industry classification
Industry- Product category
- Community Banking Core Software
- akta.pro primary industry
- Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)
Keywords
Where IBT Apps is headquartered
LocationHeadquarters
- HQ city
- Cedar Park
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
IBT Apps business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- IBT One Subscription: IBT Apps operates primarily on a subscription/SaaS model through their IBT One pricing program, offering community banks access to their entire integrated product suite (core processing, digital banking, mobile banking, teller capture, and other products) for one predictable monthly price. This all-in-one pricing model provides cost certainty without complex contracts or hidden fees.
- Add-on Products and Services: Deposit and loan origination solutions (SecureOPEN, SecureLEND, PowerLender, i2Deposit) are excluded from IBT One pricing and offered as separate products, potentially creating additional revenue streams or premium pricing for enhanced functionality.
- Professional Services: IBT Apps offers website design and hosting services, and managed network services through their Ironcore partnership, providing ongoing support and maintenance revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | IBT One - Complete Suite |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
IBT Apps product offering
Product offeringCore offering
IBT Apps develops and sells i2Suite, a cloud-based, open-API core banking platform for U.S. community banks. The platform unifies core processing, online and mobile banking, teller capture, payment solutions, document control, and account origination (deposit and loan) into a single integrated suite, sold primarily under an all-inclusive monthly subscription (IBT One) with select origination modules priced separately.
Product overview
IBT Apps offers i2Suite, an integrated cloud-based core banking platform for community banks. The platform combines core processing (IBT Core), digital banking (IBT Digital), mobile banking (i2Mobile), teller capture (IBT Teller), and account origination (SecureOPEN, SecureLEND, PowerLender, i2Deposit) with operations management, payment solutions, and document control. IBT One bundles all products under one pricing model. The company also provides Managed Network Services and custom website design services through strategic partnerships.
Differentiator
Problem solved
Functional benefit
Brands
- i2Suite: IBT Apps' premier cloud-based, open API core banking platform integrating core, digital and mobile banking, teller, and account origination.
- i2Core / IBT Core
- IBT Teller / i2Teller
- IBT Digital / i2OLB
- i2Mobile / IBT Mobile
- SecureLEND
- SecureOPEN
- PowerLender
- i2Deposit
- IBT Docs / i2Docs
- IBT One
- i2FraudStop
- i2RDC
Products and services
- i2Suite Integrated cloud-based, open-API core banking platform for community banks that unifies core processing, digital and mobile banking, teller capture, operations management, payment solutions, document control, and account origination under one umbrella.
- IBT Core Core processing platform delivering real-time customer, deposit, loan, safe deposit box, document, and general ledger data to all touchpoints, with 300+ standard report templates and integrated budgeting for community banks.
- IBT Digital Digital banking platform providing online banking, bill pay, and commercial cash management for personal and business customers of community banks, with ACH, wire, stop payments, alerts, secure messaging, and e-statements.
- i2Mobile Cloud-hosted mobile banking application that enables community bank customers to securely access accounts, view transactions and check images, transfer funds, pay bills, make mobile deposits, and receive personalized alerts, with two-factor and biometric authentication.
- IBT Teller Proprietary teller capture software that empowers bank tellers to verify transactions immediately at the teller line, with check imaging, single sign-on, cash back with electronic signatures, and official check/money order printing.
- SecureLEND Cloud-based loan origination platform for community banks that modernizes lending with automation, e-signature, integrated compliance standards, and automated HMDA, HOEPA, and HPML reporting from application through closing.
- PowerLender Loan origination system (LOS) for community banks processing conventional mortgages, FHA, VA, FHLB, and portfolio products, with LoanPilot custom-branded online applications and integration with more than 70 third-party service providers.
- SecureOPEN Deposit origination platform for community banks enabling online and in-branch account opening with a dynamic decision engine, automated verifications, e-signature, and integrations with ChexSystems, credit bureaus, and LexisNexis ID verification.
- i2Deposit In-branch account origination solution that integrates with i2Suite to enable efficient in-branch account opening with single-entry data capture and pre-populated customer information.
- Operations Management Integrated back-office management suite for community banks handling ACH processing, Check21 items, remote deposit capture, item processing, customizable statements, check fraud prevention, and reconciliation workflows.
- i2FraudStop Check fraud prevention system with customizable fraud filters, MICR/non-MICR ink verification, signature verification, automatic suspicious item pull, duplicate item detection, velocity filters, and endorsement presence verification.
- i2RDC Remote deposit capture solution that allows business customers to scan and deposit checks within their own premises using check scanners, with encrypted storage, CAR/LAR amount recognition, duplicate detection, deposit limits, and user permission controls.
- IBT Debit and Bill Pay (Payment Solutions) Payment processing suite integrating EFT and debit pay solutions, customer card control, real-time debit authorization, Apple Pay and Google Pay, account-to-account transfers, and bill pay into the IBT Digital banking experience.
- IBT Docs Enterprise-wide document management platform for community banks with centralized storage, folder-level security, encrypted password-protected email delivery, audit trails, automated barcode and manual indexing, and drag-and-drop management, with documents encrypted in flight and at rest.
- Managed Network Services Managed IT and network security services for community banks delivered through the Ironcore partnership, including secure connectivity, encrypted communication pathways, managed internet circuits, firewall configurations, threat detection, vulnerability scanning, patch management, and 24x7x365 monitoring.
- Custom Website Design & Hosting Responsive web design and hosting service for community banks offering 10- or 20-page custom website options with ADA compliance, SEO optimization, mobile responsiveness, and ongoing monthly maintenance, delivered through the Deluxe partnership.
Quantifiable outcome
- Trusted by over 100 community banks nationwide
- +2 more outcomes
Companies that use IBT Apps
Customer profileNamed customers9 records
Segments1 record
Ideal customer profiles1 record
IBT Apps technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration26 records
AI capability5 records
Feature14 records
IBT Apps partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and strategic.
- IroncorecoreIBT Apps partnered with Ironcore Inc. for delivery of Managed IT Services. Ironcore is an FFIEC examined and SOC II audited technology service provider providing managed IT, backup and disaster recovery, and cybersecurity services to community banks for over 15 years. They deliver purpose-built security for core banking with secure connectivity, encrypted communication pathways, managed internet circuits, firewall configurations, threat detection, vulnerability scanning, and 24x7x365 monitoring.
- AbrigostrategicAbrigo offers comprehensive solutions for money laundering detection and reporting, BSA/AML compliance, fraud prevention and risk management, secure wire processing automation, and CRE loan stress testing. Integrated partner providing compliance and risk management capabilities.
- DeluxestrategicDeluxe Financial Services provides Banker's Dashboard solution for financial performance with anywhere-anytime insight to organizational current financial performance, streamlining data aggregation.
- Fed ReporterstrategicFed Reporter provides regulatory reporting and compliance software to over 3500 financial institutions using proprietary data collection technology to reduce overall regulatory reporting burden.
- Jack HenrystrategicJack Henry is a leading integrated bill payment provider to more than 4000 community financial institutions offering the latest payment innovations for consumer and small business, person-to-person and mobile payment solutions through their ipay solutions.
- Nasdaq VerafinstrategicNasdaq Verafin is the industry leader in enterprise Financial Crime Management providing cloud-based software for Fraud Detection and Management, BSA/AML Compliance and Management, High-Risk Customer Management and Information Sharing. Used by 3500 banks and credit unions.
- TruStagestrategicTruStage Compliance Solutions provides embedded cloud-based transaction technology and compliance expertise supporting deposit, consumer lending, and commercial lending lines of business. Provides state-of-the-art warranted analytics and document solutions. Partnership includes TruStage integration with SecureLEND for compliant document delivery.
- Wolters KluwerstrategicWolters Kluwer is the leading global provider of comprehensive regulatory and compliance solutions for the financial services industry providing governance, risk and compliance software and services to help banks meet complex and ever-changing compliance obligations.
- C2 SystemsstrategicIBT Apps partnered with C2 Systems to integrate a comprehensive loan origination solution with IBT Apps' adaptable i2Suite banking system, maximizing productivity and profitability while maintaining compliance for community banks.
- AlkamistrategicPartnership with Alkami Technology enables customers of First National Bank of Las Animas to easily open new accounts from mobile banking app with pre-populated credentials and Know Your Customer (KYC) checks instantly verified.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
IBT Apps competitors and assessment
Company assessmentBroad incumbents
- Fiserv: Major incumbent offering core banking, payments (including Credit Union Solutions and Bank Solutions), and digital banking at global scale. Comparable as a broad full-stack alternative to IBT for community banks, and also listed as an IBT integration partner.
- FIS: One of the largest financial technology incumbents globally, offering core banking, payments, capital markets, and digital solutions. FIS is also a certified IBT partner, illustrating the overlapping competitor/partner dynamic common in bank tech.
- Temenos: Large global banking software provider serving retail, corporate, wealth, and Islamic banking with a cloud-native core. A broad incumbent competitor for any bank considering modern core transformation, particularly at larger asset sizes than IBT typically targets.
Direct peers
- Finastra: Global financial software provider offering core banking, lending, treasury, and digital solutions. Often competes with IBT for community bank core conversions and has overlap on lending and digital channels.
- Jack Henry & Associates: Direct competitor providing core banking (SilverLake, CIF 20/20), digital banking (Banno), and payments to community and mid-size banks. Both companies also partner (Jack Henry provides iPay bill pay), creating an overlap between competition and partnership typical of community bank tech.
- Q2 (Q2 Holdings): Digital banking platform serving community and regional banks, with particular strength in commercial banking and SMB. Directly comparable to IBT's IBT Digital and i2Mobile digital banking products.
- Alkami Technology: Cloud-based digital banking platform for community and regional banks, competing directly with IBT's digital and mobile banking products. Alkami is also a partner of IBT, mirroring the partner/competitor duality seen across this market.
- nCino: Cloud-based banking platform providing loan origination, deposit account opening, and customer relationship management to banks and credit unions. Comparable on the loan/deposit origination layer of IBT's i2Suite and the cloud-native delivery model.
- Computer Services, Inc. (CSI): Provider of core banking, regulatory compliance, and managed IT services primarily targeting community banks. Directly comparable in customer segment, product mix (core + managed services), and go-to-market focus.
Emerging players
- Thought Machine: Cloud-native core banking platform competing in the modern core banking space against both IBT and incumbents. Relevant as a forward-looking competitor that could pressure IBT's positioning with community banks seeking fully cloud-native architecture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
IBT Apps social profiles
Digital presenceIBT Apps compliance and trust
Trust signalCompliance2 records
IBT Apps financial estimates
Financial estimateRevenue estimate
Valuation estimate
IBT Apps leadership team
Management profileNumber of profiles
Profiles11 records
IBT Apps subsidiaries and ownership
Company hierarchySubsidiaries2 records
IBT Apps funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IBT Apps 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 IBT Apps
What does IBT Apps do?
IBT Apps develops and sells i2Suite, a cloud-based, open-API core banking platform for U.S. community banks. The platform unifies core processing, online and mobile banking, teller capture, payment solutions, document control, and account origination (deposit and loan) into a single integrated suite, sold primarily under an all-inclusive monthly subscription (IBT One) with select origination modules priced separately.
Is IBT Apps a public or private company?
IBT Apps is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was IBT Apps founded?
IBT Apps was founded in 2004. It employs 11 to 50 people.
Where is IBT Apps based?
IBT Apps is headquartered in Cedar Park, United States, in the North America region.
How does IBT Apps make money?
Three revenue lines are on record. IBT One Subscription is the primary driver. The others are add-on Products and Services and professional Services.
Who are IBT Apps's main competitors?
Broad incumbents on record are Fiserv, FIS and Temenos. Direct peers are Finastra, Jack Henry & Associates, Q2 (Q2 Holdings), Alkami Technology, nCino and Computer Services, Inc. (CSI). Thought Machine is listed as an emerging player.
Does IBT Apps have an API?
Yes. IBT Apps uses an open API architecture as part of its cloud-based i2Suite platform. The company positions its platform as supporting API Banking, Open Banking, and Banking as a Service (BaaS) capabilities. The open API application allows for real-time data analytics and enables integrations with third-party partners.
What industry is IBT Apps in?
IBT Apps's product category is Community Banking Core Software. Its primary akta.pro industry code is FSAGALAK, Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes).