Finzsoft Solutions
Finzsoft Solutions is a New Zealand-based fintech that develops and licenses the Sovereign core banking platform to credit unions, building societies, finance companies, and community banks across New Zealand, Australia, and broader Asia Pacific.
- Company typePrivate
- Founded1986
- HeadquartersAuckland, New Zealand
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Finzsoft Solutions does
Finzsoft Solutions Limited is a privately held New Zealand financial technology company headquartered in Auckland that has developed and maintained the Sovereign core banking platform for over 35 years. The platform provides a single-code-base, modular, and configurable core banking system that supports deposit taking, lending, leasing, collections, investments, wholesale operations, and asset-backed finance. Finzsoft serves credit unions, building societies, community banks, finance companies, and asset finance institutions primarily in New Zealand and Australia, with stated ambitions across the broader Asia Pacific region. The product portfolio has been extended beyond the core system with several modules: BOSS for automated loan origination, Automated Customer Onboarding for digital customer acquisition, the Communication Centre for multi-channel customer communications, Business Workflow System powered by KIE BPM, Sovereign Lending and Sovereign Funding modules, Electronic Banking suite, and the Open Connected Core (OCC) API layer for third-party integrations including Change Financial, AplyID, and DocuSign.
Finzsoft generates revenue through enterprise software licensing of the Sovereign platform on annual subscription contracts, supplemented by implementation and professional services. Pricing is quote-based with no public tiers, consistent with enterprise sales targeting financial institution buyers. The go-to-market is direct enterprise sales with a regional focus, complemented by a partner ecosystem approach through the OCC API layer. No public revenue figures, funding rounds, or ownership structure details are disclosed. The company was recognized by Everest Group as a Top 50 Core Banking Technology Provider 2026, providing third-party validation for its regional banking segment focus. In 2014 Finzsoft acquired Sush Mobile to add mobile engineering capability, and in 2022 it formed a strategic partnership with Change Financial to bring card issuing and payment processing capabilities to New Zealand mutual institutions.
Finzsoft Solutions firmographics
Firmographics- Name
- Finzsoft Solutions
- Legal name
- Finzsoft Solutions Limited
- Website
- https://finzsoft.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Finzsoft Solutions is a New Zealand-based fintech that develops and licenses the Sovereign core banking platform to credit unions, building societies, finance companies, and community banks across New Zealand, Australia, and broader Asia Pacific.
- Ownership category
- akta.pro rank
Finzsoft Solutions industry classification
Industry- Product category
- Core Banking Software
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Neobank Core Platform (Retail/SME Digital Bank) (FSAGAAAA)
- akta.pro secondary industry
- Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM)
Keywords
Where Finzsoft Solutions is headquartered
LocationHeadquarters
- HQ city
- Auckland
- HQ country
- New Zealand
- HQ region
- Oceania
Offices1 record
Markets served
Finzsoft Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Sovereign Platform Licensing: Enterprise software licensing of the Sovereign core banking platform to financial institutions. The platform supports core banking, lending, leasing, collections, and investments operations.
- Implementation and Professional Services: Consulting and implementation services for deploying Sovereign within diverse financial services organizations. Finzsoft offers unique mix of business, information technology and change management skills.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing with custom pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Finzsoft Solutions product offering
Product offeringCore offering
Finzsoft sells the Sovereign platform, a modular and configurable core banking and finance software solution that supports core banking, lending, leasing, collections, investments, and wholesale operations on a single integrated system. The platform is sold to credit unions, building societies, community banks, and asset finance companies, and is extended through additional modules such as the Open Connected Core (OCC) API layer, BOSS loan origination, Automated Customer Onboarding, Electronic Banking, Communications, Sovereign Lending, Sovereign Funding, and Business Workflow System.
Product overview
Finzsoft Solutions is a financial technology provider offering the Sovereign platform—a comprehensive, modular, and configurable banking and finance solution. The core Sovereign platform encompasses core banking functionality, while specialized modules extend capabilities into lending (Sovereign Lending), funding (Sovereign Funding), business workflow management (Business Workflow System powered by KIE BPM), and communications (Communication Centre). Additional solutions include BOSS (Business Origination SystemS) for automated loan origination, Automated Customer Onboarding for digital customer acquisition, Electronic Banking for multi-channel digital banking, and Open Connected Core (OCC) as an API-driven extension layer. The platform is recognized by Everest Group as a Top 50 Core Banking Technology Provider 2026 and serves financial institutions across Asia Pacific, New Zealand, and Australia.
Differentiator
Problem solved
Functional benefit
Brands
- Sovereign: Finzsoft's flagship core banking platform offering comprehensive solutions for financial institutions including lending, leasing, collections, investments, and wholesale banking capabilities.
Products and services
- Sovereign Core Banking Platform Comprehensive, modular, configurable core banking and finance platform supporting core banking, lending, leasing, collections, investments, and wholesale operations on a single integrated system with a Single Customer View, Smart Automation, and the Open Connected Core (OCC) API layer. Targeted at credit unions, building societies, community banks, and asset finance companies.
- Open Connected Core (OCC) Open Connected Core (OCC) is an open-API layer built into the Sovereign platform that allows customers and third parties to extend, integrate, and replace components without a full rip-and-replace of the core banking platform.
- BOSS (Business Origination SystemS) BOSS is a loan origination solution that manages the end-to-end origination of lending products, including workflow, decisioning, and integration with the core banking platform. Targeted at financial institutions using the Sovereign platform.
- Automated Customer Onboarding Automated Customer Onboarding automates the process of opening new customer accounts, capturing required information, performing checks, and creating the customer record within the Sovereign platform. Targeted at financial institutions that want streamlined, digital customer onboarding.
- Electronic Banking Electronic Banking provides digital banking channel functionality integrated with the Sovereign core banking platform, supporting electronic access for customers of financial institutions.
- Communications (Communication Centre) Communications (also referred to as Communication Centre) is a solution that supports customer communications, notifications, and correspondence as part of the Sovereign core banking platform, targeted at financial institutions managing member and customer interactions.
- Sovereign Lending Sovereign Lending is a dedicated lending management solution within the Sovereign platform that supports the full lending lifecycle for financial institutions, including specialised and asset finance lending use cases.
- Sovereign Funding Sovereign Funding is a dedicated funding management solution within the Sovereign platform that supports the management of funding sources, drawdowns, and funding lifecycle for asset finance and lending portfolios.
- Business Workflow System
Quantifiable outcome
- Millions of transactions processed daily with bank-level security
- +3 more outcomes
Companies that use Finzsoft Solutions
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles3 records
Finzsoft Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
Feature8 records
Finzsoft Solutions partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Change FinancialcoreStrategic partnership bringing modern card issuing, payment processing, and digital banking capabilities to New Zealand mutuals. Helps financial institutions compete with major banks and fintechs through enhanced payment and card management features integrated with Sovereign platform.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Finzsoft Solutions competitors and assessment
Company assessmentDirect peers
- Mambu: Cloud-native core banking platform vendor serving banks, lenders, and fintechs globally. Comparable in offering a configurable SaaS core banking platform, with a stronger cloud-native architecture but similar target customer segments in regional and challenger banks.
- nCino: Cloud banking platform focused on community, regional, and global banks with loan origination, account opening, and customer onboarding capabilities. Directly comparable to Finzsoft in targeting mid-market financial institutions with configurable, modern banking software.
- Thought Machine: Cloud-native core banking technology provider serving global banks and financial institutions. Competes for similar regional and mid-market bank modernization deals with a SaaS delivery model and configurable cloud architecture.
- Jack Henry & Associates: US-based provider of core banking and technology solutions targeted primarily at community banks and credit unions. Closest comparable in customer segment focus, with a similar emphasis on serving smaller, member-focused financial institutions.
Broad incumbents
- Temenos: Global leader in core banking software serving retail, corporate, and wealth banks worldwide. Like Finzsoft, Temenos licenses a core banking platform to financial institutions, but at significantly larger scale and broader geographic reach.
- Fiserv: Major US financial technology provider serving banks, credit unions, and merchants with core processing, digital banking, and payments solutions. Directly comparable in serving credit union core banking needs, but with substantially larger scale.
- Oracle Financial Services Software: Provider of core banking, lending, and digital banking software to large global banks. Overlaps with Finzsoft in core banking platform licensing but targets larger enterprise banks with broader IT suites.
- FIS (Fidelity National Information Services): Global financial technology giant offering core banking, payments, and capital markets solutions. Overlaps with Finzsoft in core banking platform licensing to commercial banks and credit unions, but as part of a much broader fintech portfolio.
- SAP Banking Services: Enterprise software vendor offering core and analytical banking solutions as part of its broader business suite. Comparable in providing configurable banking software but targeting larger institutions with comprehensive IT environments.
Emerging players
- 10x Banking: Cloud-native core banking platform serving challenger and incumbent banks primarily in the UK and Europe. Similar in providing a configurable core platform to banks seeking modernization, with a pure-play SaaS delivery model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Finzsoft Solutions social profiles
Digital presenceFinzsoft Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finzsoft Solutions leadership team
Management profileNumber of profiles
Profiles6 records
Finzsoft Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finzsoft Solutions M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finzsoft Solutions
What does Finzsoft Solutions do?
Finzsoft sells the Sovereign platform, a modular and configurable core banking and finance software solution that supports core banking, lending, leasing, collections, investments, and wholesale operations on a single integrated system. The platform is sold to credit unions, building societies, community banks, and asset finance companies, and is extended through additional modules such as the Open Connected Core (OCC) API layer, BOSS loan origination, Automated Customer Onboarding, Electronic Banking, Communications, Sovereign Lending, Sovereign Funding, and Business Workflow System.
Is Finzsoft Solutions a public or private company?
Finzsoft Solutions is a private company. It is classified as unknown and is currently operating.
When was Finzsoft Solutions founded?
Finzsoft Solutions was founded in 1986. It employs 11 to 50 people.
Where is Finzsoft Solutions based?
Finzsoft Solutions is headquartered in Auckland, New Zealand, in the Oceania region.
How does Finzsoft Solutions make money?
Two revenue lines are on record. Sovereign Platform Licensing is the primary driver. The others are implementation and Professional Services.
Who are Finzsoft Solutions's main competitors?
Direct peers on record are Mambu, nCino, Thought Machine and Jack Henry & Associates. Broad incumbents are Temenos, Fiserv, Oracle Financial Services Software, FIS (Fidelity National Information Services) and SAP Banking Services. 10x Banking is listed as an emerging player.
Does Finzsoft Solutions have an API?
Yes. Open Connected Core (OCC) provides an API-driven, functionally rich and open banking compliant platform. Open APIs provide partners and their clients full access to OCC capabilities. OCC enables best of breed products to integrate with Sovereign, allowing financial institutions to innovate rapidly with partners, integrations, and customer-facing systems.
What industry is Finzsoft Solutions in?
Finzsoft Solutions's product category is Core Banking Software. Its primary akta.pro industry code is FSAGAAAA, Neobank Core Platform (Retail/SME Digital Bank), with a secondary code of FSAGAAAM, Customer Experience & Engagement (CRM, Support, Rewards, Loyalty). Its NAICS code is 5221 and its SIC code is 6099.