Cassiopae SAS

What Cassiopae SAS does

Cassiopae SAS is a France-headquartered enterprise software vendor, operating commercially under the SBS brand, that builds cloud-native banking and lending platforms for financial institutions worldwide. Its portfolio is anchored by two product suites — SBS Core Banking (Amplitude, SAB, Thaler) and SBS Core Lending (MSS, Wholesale Servicing, Lending Suite) — augmented by add-on modules for digital engagement, open banking, payments, deposits, regulatory reporting, wholesale servicing, asset audit, portfolio management, pricing, and crypto banking. A unified SBS Data & AI Platform underpins all products, providing a sovereign data foundation and explainable AI capabilities such as personalized recommendations, predictive analytics, anomaly detection, and process automation. The company serves retail banks, commercial banks, neobanks and fintechs, microfinance institutions, private banks, building societies, asset finance providers, and auto captives, with named reference customers including Santander, NatWest, Societe Generale, Argenta, QNB, Attijariwafa Bank, NS&I, Swansea Building Society, NextGear Capital, and Nissan.

The business runs an enterprise SaaS model with quote-based subscription pricing, sold via direct field sales across 80+ countries on 4 continents, supported by SBS University training and certification programs and a multi-channel demand generation engine spanning content, SEO, events, webinars, social, podcasts, and PR. Cassiopae reports an installed base of 280+ core banking customers and 100+ lending customers, claims 50+ years of continuous industry operation, processes 40% of instant payments in France, services 25% of UK mortgages, and counts 70% of top global auto finance captives as clients. It is organized as part of the 74Software group, a diversified mission-critical software platform, with Eric Pasquier serving as Chief Executive Officer. Historical M&A activity (InfoParc in 2010, SNEDA in 2012, Motivity Solutions in February 2013, and Singhammer dtSoftware in November 2013) has been used to extend lending and asset finance capabilities.

Name

Cassiopae SAS

Legal name

SBS

Website

https://cassiopae.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Cassiopae SAS, commercially branded as SBS, is a France-based enterprise software vendor that builds cloud-native core banking, lending, payments, and digital banking platforms, all powered by a unified Data & AI platform, for financial institutions across more than 80 countries.

Ownership category

akta.pro rank

Product category

Core Banking and Lending Software

NAICS

Software Publishers (513210), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

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

akta.pro secondary industries

SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Core banking software
• Lending platform
• Asset finance software
• Banking SaaS
• Regulatory reporting software

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Subscriptions: SaaS-based software licensing model for core banking, lending, payments, and digital banking solutions. The company provides cloud-native solutions with subscription-based pricing for financial institutions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Cassiopae SAS develops and sells SBS, a cloud-native SaaS suite of modular core banking, lending, payments, deposits, digital banking, open banking, regulatory reporting, asset audit, portfolio management, pricing, and crypto banking software for financial institutions. All products are powered by a shared SBS Data & AI Platform with a sovereign data foundation that delivers explainable AI insights and automation across banking and lending workflows. The company serves banks, lenders, building societies, microfinance institutions, asset finance providers, and auto captives globally with a direct enterprise field-sales motion.

Product overview

SBS Software is a platform-plus-modules architecture providing banking and lending software solutions. The core offerings include SBS Core Banking (Amplitude, SAB, Thaler) and SBS Core Lending (MSS, Wholesale Servicing, Lending Suite), both powered by a shared SBS Data & AI Platform. These core systems are complemented by specialized modules including Digital Banking Suite (Digital Engagement), Open Banking, Payments, Deposits, Regulatory Reporting, Wholesale Servicing, Asset Audit (Digital Audit), Portfolio Management, Pricing Calculator (Freehand), and Crypto Banking. All products share a common data foundation with embedded AI capabilities for explainable insights and automation.

Differentiator

Problem solved

Functional benefit

Brands

• SBS Core Banking (Amplitude, SAB, Thaler): Market-leading modular core banking solutions for banks across EMEA
• SBS Core Lending (MSS, Wholesale Servicing, Lending Suite)
• SBS Banking Platform
• SBS Financing Platform
• SBS Data & AI Platform

Products and services

• SBS Core Banking (Amplitude, SAB, Thaler) Market-leading modular core banking solution for retail banks and building societies, delivering stability and digital readiness with progressive modernization, continuous support, and a unified data and AI foundation.
• SBS Core Lending (MSS, Wholesale Servicing, Lending Suite) Comprehensive lending platform covering wholesale, retail, loan origination, and risk assessment, enhanced by AI and a common data platform for trusted, scalable lending across diverse sectors.
• SBS Digital Banking Suite (Digital Engagement) Digital engagement solution delivering seamless onboarding, personalized offers, and AI-driven journeys via mobile-native and web experiences for retail and corporate banking customers.
• SBS Open Banking Open banking platform with PSD3 compliance, ecosystem integrations, and partner collaboration for data-driven, hyper-personalized banking services.
• SBS Payments Cloud-native payment processing solution that lowers costs, speeds time to market, and leverages AI-driven insights for modern payment processing.
• SBS Deposits Deposit management solution providing personalized, seamless account services for SME and retail customers across the full account lifecycle.
• SBS Regulatory Reporting Cloud-native SaaS solution that streamlines regulatory compliance processes, boosts efficiency, and scales with growth to deliver a unified regulatory reporting experience.
• SBS Wholesale Servicing Dealer floorplan financing portal enabling authorized end-users to directly track and manage floorplan portfolios through an intuitive self-service interface.
• SBS Asset Audit (Digital Audit) Digital asset audit and risk management solution enabling floorplan and wholesale asset finance lenders to transform inventory audit and risk management processes.
• SBS Portfolio Management Data-driven portfolio risk management solution for asset finance and lending institutions, leveraging AI for risk insight.
• SBS Pricing Calculator (Freehand) Advanced asset finance pricing calculation solution for lending institutions.
• SBS Crypto Banking Secure crypto asset management solution for banks, enabling custody and management of digital assets within a regulated banking stack.
• SBS Data & AI Platform Shared sovereign data foundation powering all SBS products, turning fragmented banking data into a trusted, governed foundation for AI-driven insights and safe automation across the SBS suite.

Quantifiable outcome

• 40% of instant payments in France processed using SBS solutions
• +3 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature4 records

Partnerships

One partnership is on record.

• 74Softwareparent companyOthersSBS is part of 74Software, a mission-critical software group for a data-driven world. 74Software is the parent company that owns and operates SBS as part of its portfolio of software companies.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Thought Machine: Cloud-native core banking platform serving global Tier-1 banks; directly competes with SBS Core Banking on greenfield and modernization RFPs.
• Finastra: Large banking software vendor covering core, lending, treasury, and capital markets; directly comparable to SBS in core banking and lending solutions globally.
• 10x Banking: Cloud-native core banking platform targeting incumbent banks and challenger banks; competes head-to-head with SBS in core banking modernization.
• Mambu: SaaS core banking and lending platform widely used by neobanks and Tier-2 incumbents; directly comparable to SBS across banking and lending suites.

Broad incumbents

• Temenos: Established global core banking and wealth software vendor with broad product portfolio; competes with SBS in EMEA and emerging markets across the full banking stack.
• FIS (Fidelity National Information Services): Mega-cap banking technology vendor with core, payments, and wealth suites; broad incumbent overlap with SBS especially in lending and wholesale servicing.
• Fiserv: Large banking and payments software incumbent; competes with SBS across core banking, digital banking, and merchant/payments offerings.

Regional players

• Jack Henry & Associates: US-focused core banking and technology provider for community and regional banks; comparable to SBS's community-banking and building-society focus, though geographically distinct.

Emerging players

• Backbase: Digital banking and engagement platform that sits on top of legacy cores; directly comparable to SBS Digital Engagement as a layer on existing core systems.
• nCino: Cloud-native commercial lending and banking platform; comparable to SBS Core Lending and Lending Suite on loan origination and retail/wholesale workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@SBS-software
• LinkedInlinkedin.com/company/252525
• Xx.com/cassiopae
• Facebookfacebook.com/Cassiopae

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A4 records

Investments

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

Frequently asked questions about Cassiopae SAS