Cobis

What Cobis does

Cobis Topaz is a Latin American-focused banking technology provider and a subsidiary of Grupo Stefanini, one of the largest technology groups in the region. The company sells a cloud-native, modular full banking platform branded as Topaz One, which it positions as the first end-to-end full banking platform in the market. Cobis Topaz serves more than 300 financial institution clients across 25 countries in the Americas, supporting an end-user base exceeding 550 million consumers, and reports a 97% customer satisfaction rate.

The Topaz One platform is composed of seven integrated modules: FinancialCore (cloud-native core banking), SecureJourney (anti-fraud and anti-money laundering), FinChannels (omnichannel digital and physical channels), FinXperience (open banking and AI-powered personalization), TechPay (immediate payment systems), FinOrigination (onboarding and origination), and TechInvest (wealth management and asset allocation). This modular architecture allows financial institutions to selectively deploy components, while benefiting from an integrated ecosystem.

Cobis Topaz operates a B2B enterprise software licensing and subscription model with annual billing and quote-based pricing tied to institution size, modules selected, and implementation scope. Its go-to-market is direct enterprise field sales targeting four primary verticals: banks (including tier-1 names such as HSBC, Santander, Scotiabank, Itaú, Davivienda, Banco Falabella, Macro, and Interbank), microfinance institutions and cooperatives, fintechs (Rappi, Cashi), and retail/utilities/telcos pursuing embedded finance. Marketing emphasizes thought leadership across content, events, and social channels, while the company is recognized by Gartner and Celent as a leading full banking platform provider.

Name

Cobis

Legal name

Cobis Topaz

Website

https://cobiscorp.com

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Cobis Topaz, a subsidiary of Grupo Stefanini, provides a cloud-native modular full banking platform (Topaz One) to more than 300 financial institutions across 25 countries in Latin America, covering core banking, fraud prevention, payments, and AI-powered personalization.

Ownership category

akta.pro rank

Product category

Core Banking Software

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211), Credit Intermediation and Related Activities (522)

SIC

National Commercial Banks (6021), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)

akta.pro secondary industries

Neobank Core Platform (Retail/SME Digital Bank) (FSAGAAAA), Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA)

Keywords

• Core banking software
• Banking platform solutions
• Digital banking platform
• Financial technology software
• Fraud prevention software

Headquarters

HQ city

Great Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Enterprise Software Licensing and Subscription: B2B software licensing model targeting financial institutions. Platform fees likely include implementation, licensing, and ongoing support/maintenance services for the full banking platform modules.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Cobis Topaz sells the Topaz One full banking platform, a cloud-native modular software suite that enables financial institutions to run core banking, digital and physical channels, fraud and AML prevention, immediate payments, AI-driven customer experience, onboarding, and wealth management from a single integrated stack. It is licensed on a subscription basis to banks, microfinance institutions, fintechs, and retail, utility, and telco companies across Latin America.

Product overview

Cobis Topaz offers the world's first full banking platform, built as an integrated ecosystem of specialized modules. The core platform is FinancialCore (cloud-native core banking), supplemented by six specialized modules: SecureJourney (fraud/AML), FinChannels (omnichannel), FinXperience (AI-powered customer experience/Open Banking), TechPay (payments), FinOrigination (onboarding), and TechInvest (wealth management). These modules work together as an integrated full banking platform serving banks, microfinance institutions, fintechs, and retail/utilities/telecom sectors across Latin America.

Differentiator

Problem solved

Functional benefit

Brands

• Topaz One: Integrated platform ecosystem offering FinancialCore, SecureJourney, FinChannels, FinXperience, TechPay, FinOrigination, and TechInvest solutions for financial institutions.
• FinancialCore
• SecureJourney
• FinChannels
• FinXperience
• TechPay
• FinOrigination
• TechInvest

Products and services

• FinancialCore Cloud-native modular core banking platform offering scalability and configurability for financial institutions to lead digital transformation.
• SecureJourney Modular security suite providing advanced anti-fraud and anti-money laundering solutions to protect institutions and customers from financial losses.
• FinChannels Omnichannel suite transforming every customer touchpoint into an engagement opportunity, consolidating loyalty across digital and physical channels.
• FinXperience Customer experience platform powered by Open Banking and artificial intelligence that delivers personalized financial solutions anticipating customer needs.
• TechPay Payments platform enabling immediate payment systems and secure transaction processing across Latin America.
• FinOrigination Customer onboarding and origination platform featuring agile, secure, and efficient processes to attract and retain customers.
• TechInvest Automated wealth management solution optimizing asset allocation and portfolio management for financial institutions.

Quantifiable outcome

• 97% customer satisfaction rate
• +4 more outcomes

Named customers23 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature7 records

Partnerships

One partnership is on record.

• Grupo Stefanini (Grupo Topaz)flagshipStrategic or Co-development PartnerCobis Topaz is a subsidiary of Grupo Stefanini (Grupo Topaz), one of the largest technology companies in Latin America with approximately 35,000 employees. The company leverages the broader group's resources, technology expertise, and regional presence to deliver its full banking platform across 25 countries in the Americas.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Temenos: Global leader in core banking software serving retail, corporate, and microfinance banks worldwide. Directly comparable to Cobis Topaz on core banking functionality and tier-1 bank client base.
• nCino: Cloud banking platform for corporate and commercial banking, with growing retail exposure. Comparable to Cobis Topaz on origination (FinOrigination) and digital channels.
• Finastra: Large banking software vendor with universal and corporate banking suites. Overlaps with Cobis Topaz on core, channels, and payments modules, particularly in LATAM and EMEA markets.
• Thought Machine: Cloud-native core banking engine (Vault) used by global tier-1 banks including Lloyds and JPMorgan. Direct competitive threat to Cobis Topaz on cloud-native architecture and AI-driven banking.
• Mambu: Cloud-native core banking platform targeting neobanks, fintechs, and incumbents. Competes head-to-head with Cobis Topaz's FinancialCore and FinXperience modules in LATAM and globally.
• Backbase: Engagement banking platform powering digital channels for banks and credit unions. Directly comparable to Cobis Topaz's FinChannels and FinXperience omnichannel/CX layer.

Broad incumbents

• FIS: Global financial technology incumbent with a deep core banking and digital portfolio. Competes broadly with Cobis Topaz on tier-1 bank RFPs across the Americas.
• Fiserv: Global fintech incumbent spanning core banking, payments, and merchant services. Competes with Cobis Topaz on payments (TechPay) and core banking at large LATAM banks.

Emerging players

• Pismo: Cloud-native core banking and payments platform founded in Brazil, serving LATAM banks and fintechs. Closest home-region peer to Cobis Topaz in the Brazilian market.
• 10x Banking: Cloud-native core and digital banking platform serving tier-1 banks in the UK, US, and Australia. Emerging competitive threat to Cobis Topaz as it expands into LATAM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCVIZnMD4v75rZE4zrrqbr9g
• Facebookfacebook.com/cobiscorp-664177997020954
• LinkedInlinkedin.com/company/cobiscorp
• Instagraminstagram.com/cobistopaz
• Xx.com/cobiscorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cobis