Abanking

What Abanking does

Abanking (legal entity: ООО «Акоммерс» / LLC Akommercs) is a Russian no-code/low-code software vendor that enables banks and financial institutions to build, customize, and operate digital banking services without traditional development. The platform, headquartered in Moscow within the Skolkovo Innovation Center with a secondary operating division and data center in Yekaterinburg, ships visual constructors for business processes, application forms, documents, and branding; API connectors with dynamic mapping for REST/SOAP integrations; an adaptive IDP infrastructure for document auto-recognition; a role-based access model; built-in messaging, SMS, and email; and an electronic document management module. The technology stack is Angular/TypeScript on the front end, C# .Net on the back end, Capacitor+Angular for mobile, and PostgreSQL for data, with deployment available on-premise or as SaaS. The product portfolio has progressed through versions 2.0, 3.0, and 4.0, and is sold as three priced tiers — Abanking Digital Office, Abanking OEM, and the full Abanking Platform — with pre-configured modules for remote banking (DBO), credit pipelines, RKO/account opening, business registration, agent sales, the Russian Digital Ruble (CBDC) application, and a separately-brandable Paperless Office / Nopaper EDM module.

The company makes money primarily through annual software licenses (RUB 0.7M–15M+ per year depending on tier and limits), one-time implementation and customization services (RUB 0.6M–17M+), and recurring technical support (from RUB 100K per quarter), priced separately per module. Go-to-market is direct enterprise sales to Russian banks, supplemented by partner implementers and an in-house training program (Abanking University) that builds no-code competency inside the bank. The platform is included in the Unified Russian Register of Russian Software (ERIP entries No. 11465 for the platform and No. 8999 for the Nopaper module) and the operating entity is an accredited Russian IT company (registry No. 5510 since 2015), positioning the offering for import-substitution procurement at regulated Russian banks. Documented customers include SDM-Bank, NBD-Bank, and Ingo Bank, and the company has no disclosed external investors, parent, or acquisition activity. The Nopaper EDM module is sold as an OEM sub-brand (nopaper.ru) extending the platform's distribution beyond the bank channel.

Name

Abanking

Legal name

ООО «Акоммерс»

Website

https://abanking.ru

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Abanking is a Russian no-code/low-code software vendor that enables banks to build and operate digital banking services — including remote banking, credit pipelines, account opening, business registration, agent sales, and the Digital Ruble — through visual constructors, API connectors, and document auto-recognition, sold to Russian financial institutions via annual licenses and implementation services.

Ownership category

akta.pro rank

Product category

Digital Banking Platform Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

API Analytics, Monetization & Developer Experience Tooling (HDAEAIAJ)

akta.pro secondary industries

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), BNPL Underwriting & Credit Decisioning Platforms (FSAGAIAD)

Keywords

• Digital banking platform
• No-code banking software
• Core banking systems
• Electronic document management
• Remote banking services

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing — Platform Abanking: Abanking licenses its nocode platform to banks and financial institutions. Licenses are priced annually (per year). Deployment models include on-premise and SaaS. The platform is sold with modules (Internet bank for individuals/ corporates, mobile banking for iOS/Android, Digital Ruble plugin, digital profile, etc.). Customization and implementation services are priced separately.
2. Implementation and Customization Services: Abanking provides implementation, customization, and development services for the deployed platform. Implementation fees start from RUB 17,000,000 for the full Abanking platform. Development (enhancement) work is billed per norm-hour (from RUB 2,415 to RUB 7,245/hour depending on complexity).
3. Technical Support and Maintenance: Annual technical support packages are sold separately. Basic support is priced at RUB 100,000 per calendar quarter for the full platform. Support is required for ongoing platform maintenance and updates.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Abanking is a no-code/low-code software platform that enables Russian banks and financial institutions to build, customize, and independently operate digital banking services without vendor dependency. The platform provides visual constructors for business processes, application forms, documents, and pages, plus ready-made modules for remote banking (internet and mobile), account opening, credit pipelines, business registration, agent sales, and the Digital Ruble. It is deployed on-premise or as SaaS and is listed in the Unified Russian Register of Software.

Product overview

Abanking is a Russian no-code/low-code platform vendor for banks, operated by OOO «Акоммерс» (ООО Acommers). The product portfolio consists of a core Abanking Platform (available in multiple versions: Abanking 2.0, 3.0, and 4.0, plus OEM and Digital Office variants) that serves as the foundation for assembling digital banking services. Built on a no-code architecture using Angular/TypeScript (front-end), C# .Net (back-end), PostgreSQL (database), and Capacitor (mobile), the platform is listed in the Unified Russian Software Register (#11465). The platform ships a set of pre-built modules including: ДБО (remote banking with internet bank, mobile app, and operator workstation), Кредитный конвейер (credit pipeline for FL and ЮЛ), Онлайн-продажи (online sales suite covering РКО/account opening, business registration, and business lending), Агентский кабинет (agent sales cabinet), Цифровой рубль (digital ruble CBDC application), and Безбумажный офис / Nopaper (paperless office / EDM module). Supporting construction modules include a Business Process Constructor, Application Form Constructor, Document Constructor, API Connectors with dynamic mapping, IDP infrastructure (document recognition), Automated Verification Module for FL and ЮЛ, Credit Calculator, Digital Client Profile, and Design System. The ecosystem is delivered as on-premise or SaaS, with the Abanking University training program helping banks develop in-house no-code competencies for independent service development.

Differentiator

Problem solved

Functional benefit

Brands

• Nopaper: Paperless office module - electronic document management system allowing companies to use electronic document circulation, reduce operational costs on paper document handling, and accelerate customer service processes.

Quantifiable outcome

• 70% of RKO account opening requests submitted online for SDM-Bank
• +6 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability6 records

Feature10 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Skolkovo Innovation Center (Инновационный центр «Сколково»)coreStrategic or Co-development PartnerOOO «Aкоммерс» is a resident of the Skolkovo Innovation Center and commercializes its software products through license agreements under the Skolkovo ecosystem. The company's Abanking platform project page is listed in the Skolkovo Navigator (navigator.sk.ru/orn/1122383).
• Artsofte (Артсофт)minorChannel Partner/ Reseller/ DistributorArtsofte hosts Abanking's career page (vacancies) and appears to be a partner for recruitment and HR services. Job listings for Abanking are published via artsofte.ru/vacancies.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Mambu: Mambu is a cloud-native core banking and lending platform used by neobanks and challenger banks globally. Comparable in the no-code composable architecture philosophy, though focused on the broader fintech market rather than Russian banks specifically.
• nCino: nCino is a cloud banking platform with strong loan origination and onboarding workflows for financial institutions. Comparable on the digital banking and credit pipeline use cases, though primarily serving US and European markets.

Broad incumbents

• Temenos: Temenos is a global leader in core banking and digital banking software for retail, corporate, and wealth management. It is a broad incumbent that historically competed for the same Russian bank IT spend before the sanctions era.
• Backbase: Backbase is a global digital banking platform that unifies customer journeys across channels. It is a broader incumbent in the digital banking platform space; comparable in offering scope but operating internationally rather than Russia-focused.
• OutSystems: OutSystems is a global low-code platform used to build enterprise and financial services applications. Comparable technology foundation but operates as a horizontal low-code vendor rather than a banking-specialized platform.

Direct peers

• Diasoft: Diasoft is a leading Russian vendor of banking software (core banking, digital channels, loan origination). It directly competes with Abanking for the same bank IT modernization budgets in Russia, with a larger installed base at tier-1 banks.
• R-Style Softlab: R-Style Softlab is a Russian banking and financial software developer offering ABS, DBO, and lending systems. It competes with Abanking for the same Russian bank IT modernization contracts.
• Center for Financial Technologies (CFT / ЦФТ): CFT provides a broad portfolio of banking software in Russia, including internet/mobile banking, lending, and CRM modules. It is a direct Russian-market competitor with comparable scope to Abanking.
• BSS Engineering (BSS): BSS is a major Russian banking software vendor with digital banking, remote service, and CRM offerings. Competes head-to-head with Abanking in the Russian bank's digital-front-office segment.

Regional players

• ELMA: ELMA is a Russian low-code BPM platform with strong footprint in process automation across Russian enterprises including financial services. Comparable on the no-code/low-code visual process design dimension, though it serves a broader market than banking only.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCIKJ2SVlh_RPCQD63Khcitg

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Abanking