CPG Finance Systems

What CPG Finance Systems does

CPG Finance Systems GmbH is a Munich-based, privately held software vendor founded in 1978 that builds payment processing infrastructure for banks, public administrations, and enterprises operating in the SEPA zone. Its modular product suite centers on CPG.classic, a SEPA payment processing platform that has been connected to the Deutsche Bundesbank's SEPA Clearer since the beginning of SEPA and supports extensive format conversion, verification, correction, embargo and disbursement interfaces, multilingual and multi-currency operations. The platform is extended by CPG.instant (SEPA Instant Credit Transfer via EBA Clearing RT1 and ECB TIPS), CPG.vop (Verification of Payee for fraud prevention), CPG.transform (legacy and modern format conversion), and CPG.cesop (Central Electronic System of Payment reporting), collectively covering SEPA, SWIFT, EBICS and ISO 20022 standards.

Technically, CPG operates as a layer that bridges customer core banking systems, PSP back offices, and corporate ERP environments to European clearing and settlement infrastructures. The architecture is configurable from a specialized conversion tool to a full end-to-end payment system, enabling use cases such as multi-bank strategies that can reduce third-party bank fees by 50–90% while clearing transactions within minutes or hours.

Commercially, CPG pursues a sales-led go-to-market, combining on-premise enterprise licensing for banks and large corporations with a usage-based SaaS deployment aimed at startups, supplemented by professional services covering PSD2, blockchain, and AI advisory topics. Customers span tier-1 names (BAWAG, BNP Paribas via Consorsbank/DAB, Bankhaus von der Heydt, Bankhaus Lampe), mid-market cooperative and specialist banks (TEBA Kreditbank, CBBank, Raiffeisenbank Gammesfeld), public sector bodies (Landesamt Finanzen Bayern, Universitätsmedizin Rostock), and corporates (Prosegur, Yamaha), supported through direct sales (Head of Sales Andreas Wegmann), content marketing, and industry events such as the Payment Summit. The company is independently owned and managed by two Managing Directors (Dr. Martin Berger and Dr. Andreas Szinovatz) with a stated headcount of 1–10 and no disclosed external investors.

Name

CPG Finance Systems

Legal name

CPG Finance Systems GmbH

Website

https://cpg.de

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

1–10 employees

Short description

CPG Finance Systems GmbH is a Munich-based software vendor, founded in 1978, that provides modular payment processing infrastructure (SEPA, SWIFT, EBICS, ISO 20022) to banks, public administrations, and enterprises across the DACH and broader SEPA region.

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Software Publishers (513210)

akta.pro primary industry

CCP Settlement & Payment Infrastructure Services (FSAFAFAL)

akta.pro secondary industries

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK), Card Issuing & Program Management Platforms (BPAMAFAH)

Keywords

• Payment processing software
• SEPA payment solutions
• EBICS banking software
• SWIFT integration software
• Bank transaction platforms

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

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: Traditional software licensing model for CPG.classic and other products, where banks and financial institutions license the software for integration into their IT environments. The modular architecture allows scaling from specialized conversion tool to complete payment processing system.
2. SaaS/Cloud Deployment: Software-as-a-Service offering especially for startups and smaller companies, with usage-dependent pricing that doesn't strain startup budgets. The modular setup provides all functions needed for international payment processing.
3. Professional Services: Expert consulting services in all phases of business development for payment processing questions, including individual solutions around PSD2, blockchain and AI.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

CPG Finance Systems GmbH develops and sells modular payment processing software for national and international SEPA, SWIFT, EBICS, and ISO 20022 transactions. Its core product CPG.classic connects banks and enterprises to the Deutsche Bundesbank SEPA Clearer and is extended by modules for instant payments, verification of payee, format transformation, and CESOP reporting. The software is licensed on-premise to financial institutions and offered as SaaS to startups and smaller companies.

Product overview

CPG Finance Systems offers a modular payment processing software suite. The core product is CPG.classic, which provides comprehensive payment transaction processing with connections to SEPA infrastructure including the Deutsche Bundesbank's SEPA Clearer. The platform is extended through specialized add-on modules: CPG.instant handles SEPA Instant Credit Transfers (SCT Inst) in real-time; CPG.vop provides Verification of Payee functionality to combat fraud; CPG.transform handles format conversion and message transformation; and CPG.cesop supports Central Electronic System of Payment reporting. The products support SEPA, SWIFT, and EBICS protocols with multilingual and multi-currency capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• CPG.classic: Software solution for payment transactions, serving as connection to SEPA Clearer of Deutsche Bundesbank
• CPG.instant
• CPG.vop
• CPG.transform
• CPG.cesop

Products and services

• CPG.classic Modular software solution for national and international payment transactions that connects banks to the Deutsche Bundesbank SEPA Clearer and integrates fully into bank IT environments. Provides extensive conversion functions, verification mechanisms, correction procedures, and interfaces to external systems (embargo, disbursement), with multilingual and multi-currency capabilities. Configurable from a specialized conversion tool to a complete payment processing system.
• CPG.instant Add-on module for CPG.classic that enables SEPA Instant Credit Transfer (SCT Inst) processing with real-time confirmation functionality. Supports instant payments up to 100,000 EUR within 10 seconds, available 24/7/365.
• CPG.vop Verification of Payee module that matches payee names against IBAN to prevent fraudulent payments. Strengthens payment fraud prevention across the CPG.classic payment stack.
• CPG.transform Format transformation and conversion module for payment messages, supporting conversion between legacy and modern payment formats and standards.
• CPG.cesop Module for Central Electronic System of Payment (CESOP) transactions, supporting European payment reporting requirements for payment service providers.

Quantifiable outcome

• Reduction in third-party bank fees by 50-90% through multi-bank strategy implementation
• +1 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Deutsche BundesbankcoreTechnology or IntegrationCPG.classic serves as a connection to the SEPA Clearer of Deutsche Bundesbank since the beginning of SEPA. This partnership enables banks to access Germany's national payment infrastructure for SEPA credit transfers (SCT), direct debits (SDD), and card payments (SCC).
• EBA ClearingcoreTechnology or IntegrationEBA Clearing provides RT1 platform for SEPA Instant Credit Transfer (SCT Inst) which CPG.instant supports. EBA Clearing operates EURO1 and STEP1 for large-value and mass payments.
• European Payments Council (EPC)coreStrategic or Co-development PartnerEPC develops SEPA scheme rulebooks that CPG's products implement. CPG provides expertise on SEPA Request-to-Pay, SCT Inst, and other EPC standards.
• European Central Bank (ECB)coreTechnology or IntegrationECB operates TARGET Instant Payment Settlement (TIPS) for SEPA instant payments. CPG.instant supports TIPS connectivity for real-time payment processing.
• EBICS GesellschaftcoreTechnology or IntegrationCPG supports EBICS protocol (Electronic Banking Internet Communication Standard) including version 3.0. France, Austria, and Switzerland have joined the EBICS society working toward European standard.
• ITP GruppeminorOthersITP Gruppe is mentioned as part of the company ecosystem, referenced under company information about CPG Finance Systems.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Fundtech (now part of Bottomline): Historical direct competitor in bank payment hubs and corporate cash management; now part of Bottomline. Relevant as a benchmark for the bank payment hub category in which CPG competes.
• Gresham Technologies: Specializes in transaction processing, reconciliation, and connectivity solutions for financial institutions and corporates. Closely comparable to CPG's CPG.classic and CPG.transform modules in payment format conversion and clearing infrastructure.
• ACI Worldwide: Global provider of real-time electronic payment processing software for banks, corporates, and governments. Directly comparable to CPG in serving banks' SEPA, SWIFT, and instant payment processing needs at the infrastructure layer.
• Bottomline Technologies: Provides payment automation, cash management, and fraud / Verification of Payee solutions to banks and corporates. Overlaps with CPG's payment processing, VoP fraud prevention, and multibank optimization offerings.
• TIS (Treasury Intelligence Solutions): Cloud-based payments and cash management platform for corporates managing multiple bank relationships. Highly comparable to CPG's enterprise multibank strategy value proposition for transaction cost and processing optimization.

Broad incumbents

• Finastra: Large banking software vendor with payments, core banking, and channel solutions including SEPA and SWIFT capabilities. Represents the broad incumbent against which CPG competes as an independent best-of-breed payment connector.
• Temenos: Core banking platform vendor increasingly bundling payment processing capabilities. Relevant as a competitive incumbent seeking to absorb best-of-breed payment connectors like CPG into unified core suites.
• FIS (Fidelity National Information Services): Major banking and payments technology provider with enterprise payment hubs and SEPA/SWIFT connectivity. Competes with CPG at the bank infrastructure layer via bundled core + payments offerings.
• SAP Banking / SAP Financial Services: Provides payment and treasury management modules within its broader ERP/financial suite. Comparable as a broad incumbent offering that competes with CPG's enterprise multibank strategy and corporate treasury solutions.

Regional players

• TietoEVRY: Nordic-headquartered banking and payments software vendor serving European banks with card, payment, and financial crime solutions. Comparable as a regional European banking software player with overlapping payments capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cpg-finance-systems-gmbh

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 CPG Finance Systems