Finanteq
Finanteq is a Polish fintech that designs and develops custom mobile banking applications and ready-made banking components for large international banks across Europe and the Middle East, operating as part of Senacor Group since 2023.
- Company typePrivate
- Founded2011
- HeadquartersLublin, Poland
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Finanteq does
Finanteq is a Polish fintech company headquartered in Lublin that designs and develops custom mobile banking applications and supplies ready-made components for banking systems. Founded in 2011 (originally as the banking division of eLeader Group) and now operating as a public limited company (Finanteq S.A.) following its 2023 acquisition by Senacor Technologies AG, the company serves large international banking groups across Europe and the Middle East, with disclosed clients including mBank, National Bank of Kuwait, Arab Bank, BNP Paribas, Santander Bank Polska, Pekao SA, and Weyay Bank.
Its product portfolio combines professional services with productized components built atop a proprietary Finanteq Framework (developed since the early 2000s) for iOS and Android. Core offerings include custom mobile banking app development, UX/UI design, smartwatch app development, and quality audits. The platform layer consists of Extentum No-Code (for rapid feature extension by business users) and Extentum AI (for secure multi-LLM orchestration within enterprise data environments). Ready-made components include Pocket Branch (video banking), SuperWallet (value-added services), Mobile Token (PSD2-compliant one-time password and transaction authorization), OCR, and integrations with Promon SHIELD, Google Pay, and Apple Pay.
Finanteq generates revenue through a mix of project-based professional services (custom development, consulting, UX/UI design, quality audits), licensing of ready-made components, one-time perpetual licenses for products such as Mobile Token, and emerging platform-level monetization around the Extentum suite. The company pursues an enterprise field sales motion targeting tier-one banks globally via dedicated sales representatives and a consultative sales process. It holds GDPR, PSD2, and PCI DSS-aligned compliance posture, has been recognized on the Forbes Diamonds list (2023-2025) and the Polish Fintech Map (2023-2024), and its client apps have received Global Finance Best Mobile Banking App recognition in 2018, 2019, and 2020.
Finanteq firmographics
Firmographics- Name
- Finanteq
- Legal name
- Finanteq S.A.
- Website
- https://finanteq.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Finanteq is a Polish fintech that designs and develops custom mobile banking applications and ready-made banking components for large international banks across Europe and the Middle East, operating as part of Senacor Group since 2023.
- Ownership category
- akta.pro rank
Finanteq industry classification
Industry- Product category
- Mobile Banking Software
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Tokenization, Network Vaults & Credential Management (FSAGABAF)
- akta.pro secondary industries
- SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI), Credit Score Monitoring & Credit Building (FSAGADAE)
Keywords
Where Finanteq is headquartered
LocationHeadquarters
- HQ city
- Lublin
- HQ country
- Poland
- HQ region
- Europe
Offices1 record
Markets served
Finanteq business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Custom Mobile Banking Development: Bespoke mobile banking application development services for enterprise banking clients including consulting, UX/UI design, development, and quality audits.
- Ready-Made Components Licensing: Licensing of pre-built components including Extentum no-code platform, Mobile Token, SuperWallet, OCR, and other banking modules for easy implementation in existing systems.
- Mobile Token: One-time licensing fee for Mobile Token solution providing lifetime access with no recurring charges or hidden costs.
- Quality Audits: Comprehensive quality audits for financial applications to improve usability, functionality, and aesthetic appeal.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Mobile Token - One-time licensing fee |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Finanteq product offering
Product offeringCore offering
Finanteq is a Polish fintech company that designs, develops, and maintains custom mobile banking applications for banks, while also providing a portfolio of ready-made banking components and platforms. Its offerings include full mobile app development, UX/UI design, smartwatch banking apps, quality audits, plus proprietary platforms and modules such as Extentum No-Code, Extentum AI, Pocket Branch, Mobile Token, OCR, and SuperWallet that integrate into existing banking systems.
Product overview
Finanteq is a Polish fintech company offering a comprehensive mobile banking product portfolio comprising custom development services (Mobile Banking App Development, UX/UI Design Studio, Smartwatch App Development, Quality Audits), platforms (Extentum No-Code, Extentum AI), and ready-made components (Pocket Branch video banking, OCR document processing, SuperWallet VAS, Mobile Token security, Google Pay & Apple Pay Integration, Promon Security). The offering is structured as a platform-plus-modules architecture where Extentum No-Code and Extentum AI serve as core platforms enabling rapid feature development and AI capabilities, complemented by specialized components like Mobile Token for security, SuperWallet for m-commerce services, and Pocket Branch for remote banking. The portfolio also includes dedicated smartwatch development and comprehensive quality audit services.
Differentiator
Problem solved
Functional benefit
Products and services
- Mobile Banking App Development Custom mobile banking application development service for iOS and Android, delivering retail, SME, and corporate banking solutions based on the proprietary Finanteq Framework developed since the early 2000s. Targeted at banks seeking tailored mobile banking products.
- UX/UI Design Studio Standalone UX and UI design service that transforms banking concepts into differentiated mobile banking interfaces using creative design approaches and industry-leading methodologies. Targeted at banks planning new app launches or redesigns.
- Smartwatch App Development Development of banking applications for smartwatches, including a Smartwatch Starter Kit enabling banks to quickly launch wearable banking functionality. Targeted at banks extending digital banking to wearable devices.
- Quality Audits Comprehensive quality audits for financial applications using industry-leading methodologies to identify pain points, recommend solutions, and improve usability, functionality, and aesthetic appeal. Targeted at banks seeking to benchmark or improve existing apps.
- Extentum No-Code Platform No-code platform dedicated exclusively to the banking industry that enables business users (non-programmers) to create and deploy new multi-channel digital banking features in hours without IT intervention. Targeted at banks needing rapid feature rollout.
- Extentum AI AI platform designed for large organizations that enables secure use of multiple LLM models within a single auditable environment, integrating corporate data resources for intelligent information processing. Targeted at banks and large enterprises adopting generative AI.
- Pocket Branch Comprehensive business and technological solution enabling banks to launch fully remote customer contact channels with video banking and chat, combining advantages of physical branches with remote channels for sales, service, and informational purposes. Targeted at banks launching digital-first customer engagement.
- OCR (Optical Character Recognition) Optical Character Recognition technology for banking applications that automates document processing and eliminates manual data entry, creating seamless mobile and web banking experiences. Targeted at banks seeking to digitize onboarding and form processing.
- SuperWallet (VAS) Value-Added Services platform that transforms mobile banking applications into all-in-one lifestyle platforms with integrated m-commerce services, enabling banks to drive engagement and unlock new revenue streams. Targeted at banks expanding into lifestyle and m-commerce.
- Mobile Token PSD2-compliant digital security solution that generates one-time passwords and authorizes banking transactions, replacing hardware tokens and SMS-based authentication with strong customer authentication (2FA), transaction binding, and behavioral analysis. Targeted at banks requiring PSD2-compliant transaction authorization under a one-time perpetual license.
Quantifiable outcome
- Arabi Mobile app won Best Mobile Banking App awards from Global Finance in 2018, 2019, 2020
- +2 more outcomes
Companies that use Finanteq
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Finanteq technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability9 records
Feature7 records
Finanteq partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- PromoncoreStrategic partnership with Promon to deliver top-tier security solutions for mobile banking applications. Promon SHIELD provides gold-standard mobile security, protecting apps from threats with patented security software that can be integrated within minutes and protects against both static and dynamic attacks.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Finanteq competitors and assessment
Company assessmentDirect peers
- Tagit: Singapore-headquartered digital banking and customer engagement solutions provider with mobile banking implementations across Asia and the Middle East. Closely comparable to Finanteq given similar focus on mobile banking implementations and regional bank clients.
- Backbase: Amsterdam-based digital banking platform provider serving large global banks with mobile and omnichannel solutions. Most directly comparable to Finanteq as both sell enterprise mobile and digital banking platforms to tier-1 banks, with Backbase operating at significantly larger scale.
- Bankingly: Mobile and internet banking platform focused on emerging-market banks, particularly in Latin America, Africa, and parts of Asia. Comparable to Finanteq's emerging-market play pattern (e.g., Arabi Mobile across 8 Middle Eastern countries) and similar multi-country localization playbook.
Emerging players
- Mambu: Berlin-based banking-as-a-Service and core banking platform used by challenger banks and incumbent digital initiatives. Comparable as a next-generation banking platform vendor with similar EMEA roots, though Mambu's positioning skews more toward BaaS and neobanks.
- Thought Machine: UK-based cloud-native core banking platform competing for tier-1 bank transformation deals (e.g., Lloyds, Standard Chartered). Comparable to Finanteq as a next-generation banking platform vendor targeting large incumbents, though Thought Machine focuses on core banking versus Finanteq's mobile-first specialization.
- 10x Banking: UK cloud-native core banking platform competing for tier-1 bank transformation mandates (e.g., JPMorgan, Westpac). Comparable to Finanteq in targeting large incumbent banks with modern digital platforms, with overlap in UK/European banking market.
Broad incumbents
- Infosys Finacle: Digital banking suite from Infosys used by hundreds of banks globally across retail, corporate, and wealth. Comparable to Finanteq as an enterprise banking software provider with global reach, though Finacle is part of a much larger IT services conglomerate.
- Q2: U.S.-listed digital banking platform serving regional and community banks with mobile, online, and account-opening solutions. Comparable to Finanteq as a digital banking platform vendor to banks, though Q2's installed base is heavily U.S. regional banks versus Finanteq's EMEA focus.
- Temenos: Swiss-listed global core and digital banking software giant serving over 3,000 banks. Comparable as a competing enterprise banking software vendor, though Temenos operates across core banking, digital channels, and payments versus Finanteq's mobile-focused niche.
- nCino: Cloud banking platform originally focused on commercial lending, now expanding into retail and onboarding for global banks. Comparable as a scaled digital banking vendor to enterprise bank clients, with broader portfolio than Finanteq's mobile banking focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Finanteq social profiles
Digital presenceFinanteq compliance and trust
Trust signalCompliance4 records
Finanteq financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finanteq leadership team
Management profileNumber of profiles
Profiles8 records
Finanteq funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finanteq 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 Finanteq
What does Finanteq do?
Finanteq is a Polish fintech company that designs, develops, and maintains custom mobile banking applications for banks, while also providing a portfolio of ready-made banking components and platforms. Its offerings include full mobile app development, UX/UI design, smartwatch banking apps, quality audits, plus proprietary platforms and modules such as Extentum No-Code, Extentum AI, Pocket Branch, Mobile Token, OCR, and SuperWallet that integrate into existing banking systems.
Is Finanteq a public or private company?
Finanteq is a private company. It is classified as corporate owned and is currently operating.
When was Finanteq founded?
Finanteq was founded in 2011. It employs 101 to 250 people.
Where is Finanteq based?
Finanteq is headquartered in Lublin, Poland, in the Europe region.
How does Finanteq make money?
Four revenue lines are on record. Custom Mobile Banking Development is the primary driver. The others are ready-Made Components Licensing, mobile Token and quality Audits.
Who are Finanteq's main competitors?
Direct peers on record are Tagit, Backbase and Bankingly. Emerging players are Mambu, Thought Machine and 10x Banking. Broad incumbents are Infosys Finacle, Q2, Temenos and nCino.
Does Finanteq have an API?
No public API is recorded for Finanteq.
What industry is Finanteq in?
Finanteq's product category is Mobile Banking Software. Its primary akta.pro industry code is FSAGABAF, Tokenization, Network Vaults & Credential Management, with a secondary code of FSAGAAAI, SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations). Its NAICS code is 5221 and its SIC code is 6099.