What Architecht does

Architecht is a Turkish banking and financial technology vendor headquartered in Istanbul that builds and sells a comprehensive suite of core banking and fintech platforms, primarily to banks and adjacent financial institutions in Turkey, with stated reach into MENA, Europe and South Asia. The product portfolio is organized around the BOA (Banking Open Architecture) ecosystem: BOA Banking and Technology Platform as the flagship core system, plus BOA Digital Banking, BOA Investment Banking, BOA Consumer Financing, BOACard Payments, Airapi Open Banking and API Management, XTM Self-Service Banking, Dynamic SME banking, AppWys Digital Platform, PowerFactor MFA and mobile security, Vulnerability Management System, and the AIgent Suite for conversational AI. Underlying technology is a cloud-based, low-code/no-code microservices architecture (OBA Suite) with API-first design and integrated information security, privacy and business continuity certifications (ISO 27001, 27017, 27018, 27701, 22301, 20000-1).

The company operates as a subsidiary of Kuveyt Türk Katılım Bankası (Kuveyt Türk), a Turkish participation (Islamic) bank, which provides embedded domain expertise in participation banking alongside a captive reference customer. Go-to-market combines direct enterprise sales with a three-tier partner channel (Marketplace, Solution Partners, Sales and Implementation Partners), supported by training, consulting and digital product services. Revenue is generated through subscription/SaaS licenses for software platforms and through professional services for implementation and customization, with annual billing and custom enterprise pricing.

The firm cites experience with more than 60 banks and publicly references customers including QNB Finansbank, Halkbank, Ziraat Bank, Tera Bank, Moneytolia and Sağlampay. It targets full-fledged, digital, retail, corporate, private and investment banks, e-money and payment institutions, SMEs, insurance companies and software houses. AI capabilities are positioned as a product feature layer via AIgent Suite and internally for QA, rather than as a foundational technology.

Name

Architecht

Website

https://architecht.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Architecht is a Turkish banking and fintech software vendor, subsidiary of Kuveyt Türk, that sells a BOA-platform suite of core, digital, investment and consumer-finance banking systems, open banking APIs, payments, MFA and conversational AI to banks and financial institutions across Turkey, MENA, Europe and South Asia.

Ownership category

akta.pro rank

Product category

Core Banking Software

NAICS

Commercial Banking (52211)

SIC

Finance Services (6199)

akta.pro primary industry

Neobank Core Platform (Retail/SME Digital Bank) (FSAGAAAA)

akta.pro secondary industries

SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI), BaaS Platforms & Sponsor Bank Enablement (FSAGALAA), Digital Banking & Neobank Platforms (BPAMAFAD)

Keywords

• Core banking software
• Digital banking platform
• Open banking APIs
• Payment systems software
• Banking cybersecurity

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions: The company offers multiple platform products including BOA Banking Platform, OBA Suite, Digital Banking Platform, Investment Banking Platform, Consumer Financing System, Payment Systems, and AI solutions. These are enterprise software solutions typically sold as licenses or subscriptions to financial institutions.
2. SaaS (Software as a Service): Cloud-based digital products offered as SaaS including PowerFactor (multi-factor authentication), ApiGo and similar products. Features continuous integration with instant feature deployment to users through strong cloud infrastructure.
3. Professional Services: Digital Product Development and Consulting Services, Training and Consulting Services for implementation and customization of banking technology platforms

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Architecht develops and sells an integrated suite of banking and financial technology platforms built on a cloud-based, low-code/no-code microservices architecture (OBA Suite). The flagship BOA Banking and Technology Platform provides end-to-end core banking capabilities, complemented by specialized platforms for digital banking, investment banking, consumer financing, payment systems, open banking APIs, AI-driven customer interaction, MFA and mobile security, self-service banking, SME banking, and vulnerability management. The company also delivers professional services for digital product development, consulting, and training, plus cloud-based SaaS offerings such as PowerFactor and ApiGo.

Product overview

Architecht offers a comprehensive suite of banking and financial technology solutions organized around the BOA (Banking Open Architecture) ecosystem. The portfolio includes core banking (BOA Banking and Technology Platform), digital banking (BOA Digital Banking Platform), investment banking (BOA Investment Banking Platform), and consumer financing (BOA Consumer Financing System) platforms, supported by the OBA Suite technology platform built on low-code, no-code cloud-based microservices architecture. Additional platforms cover payment systems (BOACard), open banking and API management (Airapi), AI-powered customer experience (AIgent Suite with natural language interaction), MFA and mobile security (PowerFactor), vulnerability management, self-service banking (XTM), SME banking (Dynamic SME), and digital platform services (AppWys). The company serves over 60 banks with fully compliant, secure, and up-to-date banking technology.

Differentiator

Problem solved

Functional benefit

Products and services

• BOA Banking and Technology Platform

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature7 records

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• 10x Banking: Cloud-native core banking platform challenger serving incumbent banks and neobanks with a microservices-based architecture. Overlaps with Architecht's BOA cloud-native banking platform positioning for digital transformation mandates.

Direct peers

• Backbase: Digital banking platform provider offering engagement and origination layers for incumbent banks' digital transformation. Comparable to Architecht's BOA Digital Banking Platform and AIgent Suite for digital customer experience modernization.
• Thought Machine: Cloud-native core banking technology provider offering Vault, a modern core platform used by global Tier-1 banks. Comparable to Architecht's BOA core platform in targeting incumbent bank modernization with cloud-native architecture.
• Temenos: Global leader in core banking software serving retail, corporate, Islamic, and digital banks across 150+ countries. Directly competes with Architecht's BOA core banking and digital banking platforms for the same bank modernization mandates in EMEA and MENA.
• nCino: Cloud banking platform focused on commercial, retail, and digital bank workflows, including onboarding and account opening. Comparable to Architecht's digital banking and consumer financing platforms for mid-market financial institutions.
• Mambu: Cloud-native core banking platform serving neobanks and incumbent banks pursuing digital-first transformation. Closely comparable to Architecht's cloud-based microservices BOA platform and digital banking suite targeting similar financial institution customers.

Broad incumbents

• FIS: Global financial technology incumbent providing core banking, payments, capital markets, and wealth solutions to thousands of financial institutions. Overlaps with Architecht's core banking and payment systems platforms at the largest bank tier.
• Finastra: Large incumbent financial software vendor offering core banking, lending, treasury, and payments solutions globally. Competes with Architecht's full-stack BOA suite but with a much broader portfolio serving Tier-1 banks worldwide.
• Oracle Financial Services: Oracle's banking software division offering core banking, lending, and digital platforms to large global financial institutions. Competes with Architecht in core banking modernization for Tier-1 and Tier-2 banks with established enterprise procurement budgets.

Regional players

• iBTech (ING Bank Turkey tech arm): Captive banking technology arm of ING in Turkey providing core and digital banking capabilities primarily to ING entities in the Turkish market. Regional peer that operates in the same Turkish banking technology ecosystem as Architecht.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ArchitechtTR

Compliance6 records

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&A

Investments

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

Frequently asked questions about Architecht