What Evergreen Financial Technology Group does

Evergreen Financial Technology Group (EFTG) is a San Francisco-based fintech collective, backed by Alpine Investors, that acquires and operates software businesses serving credit unions, community banks, and trusts in North America. Founded in 2020, EFTG operates a decentralized holding model in which each portfolio company retains operational autonomy while sharing strategic oversight and resources. The group's portfolio comprises four operating subsidiaries: Sharetec Systems (core processing platform for 300+ credit unions across the US, Caribbean, and US territories, headquartered in Fort Wayne, IN); Lodestar Technologies (data warehousing and business intelligence for credit unions and banks, based in Vancouver, BC); Global Wave Group (commercial loan origination and risk management via the Credit Track and CT Digital Suite platforms, based in Aliso Viejo, CA); and Infonancial Solutions (Canadian core banking for credit unions, banks, and trusts since 1989, based in Richmond Hill, ON). Combined, the platforms serve more than 400 financial institutions and over 5.2 million members and end-clients.

Underlying technology is mission-critical and vertically specialized. Sharetec provides core banking and online banking functionality; Credit Track automates the full commercial loan lifecycle from origination through monitoring; and Lodestar consolidates data from multiple core and third-party systems into a unified warehouse for analytics and decision support. The platforms are designed to integrate with one another and with third-party fintech solutions, forming an ecosystem in which a credit union can run core processing, commercial lending, and analytics on infrastructure from a single vendor.

EFTG's business model is subscription-based enterprise software licensing, sold through direct B2B field sales to credit unions and community banks. Pricing is not publicly disclosed and is handled through bespoke quote-based annual contracts. The go-to-market is relationship-driven, with sales cycles that can extend across weeks from introductory call to offer. Customer segments are concentrated in two primary verticals — credit unions and community banks — with a geographic split between the United States and Canada. Revenue mechanics rely on recurring subscription revenue from long-lived contracts, supported by the high switching costs inherent to mission-critical core banking and lending infrastructure.

Name

Evergreen Financial Technology Group

Legal name

Evergreen Financial Technology Group

Website

https://evergreenftg.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Evergreen Financial Technology Group is a San Francisco-based fintech collective backed by Alpine Investors that acquires and operates vertical software businesses — including Sharetec, Lodestar, Global Wave Group, and Infonancial — serving more than 400 credit unions and community banks across North America.

Ownership category

akta.pro rank

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Enterprise Software Licensing: Provides mission-critical software solutions to financial institutions including core banking processing, commercial lending technology, and data analytics platforms. Revenue generated through software licensing to credit unions and community banks.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Evergreen Financial Technology Group (EFTG) is a fintech collective that acquires and operates software companies providing mission-critical technology to credit unions and community banks. Its portfolio delivers core banking processing, commercial loan origination, data warehousing, and business intelligence solutions across North America, serving more than 400 financial institutions and 5.2 million members and clients.

Product overview

Evergreen Financial Technology Group operates as a fintech collective offering a multi-product portfolio for financial institutions. The core offerings include: Sharetec (core processing platform for credit unions serving 300+ institutions), Infonancial Solutions (Canadian core banking for credit unions, banks, and trusts), Lodestar Technologies (data warehousing and business intelligence/analytics), and Global Wave Group (commercial loan origination via Credit Track and CT Digital Suite). The group serves 400+ financial institutions with over 5.2 million members. The products are designed to integrate with each other within EFTG's ecosystem while maintaining operational independence under decentralized management.

Differentiator

Problem solved

Functional benefit

Products and services

• Sharetec A leading core processing platform for credit unions offering robust, feature-rich core processing and online banking solutions. Powers 300+ credit unions across the US, Caribbean, and US territories.
• Credit Track Flagship commercial loan origination and risk management platform by Global Wave Group that fully automates the commercial loan lifecycle from sales management to monitoring, enabling faster, data-driven lending decisions for banks and credit unions.
• CT Digital Suite

Quantifiable outcome

• Serves 400+ financial institutions with over 5.2 million members and clients globally
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Fiserv: Large diversified financial technology incumbent offering core banking, lending, and payments platforms to FIs of all sizes — competes with EFTG's portfolio across multiple product lines but at vastly greater scale.
• Finastra: Large financial software vendor with core-banking, lending, and analytics offerings to FIs — comparable to EFTG's portfolio at a portfolio level but competing as a single-vendor alternative.
• Temenos: Global core-banking software provider serving banks including community and cooperative institutions — competes with Sharetec and Infonancial in core processing, particularly for larger or internationally-oriented FIs.
• FIS (Fidelity National Information Services): Global financial technology provider serving banks and credit unions with core processing, lending, and digital channels — directly competes for the same FI buyers as EFTG but offers a much broader portfolio.

Direct peers

• nCino: Cloud-based commercial lending and banking platform targeting FIs — directly comparable to Global Wave Group's Credit Track product in commercial loan origination for banks and credit unions.
• Jack Henry & Associates: Public core-banking and technology provider serving credit unions and community banks — EFTG's most direct incumbent competitor for Sharetec-class core processing, with overlapping FI buyer base and similar mission-critical positioning.
• Computer Services, Inc. (CSI): Core banking, lending, and digital solutions provider with deep credit-union and community-bank penetration — directly comparable to EFTG's core-processing and lending footprint in the same FI segment.
• Q2 Holdings: Digital banking platform serving community banks and credit unions — comparable to EFTG's digital-banking and online-banking capabilities delivered through Sharetec and the broader portfolio.
• Alkami Technology: Digital banking and data platform focused on U.S. credit unions and community banks — competes with Lodestar's analytics and Sharetec's digital channels for the same niche FI buyer.

Emerging players

• MeridianLink: Lending and digital account-opening platform serving banks and credit unions — overlaps with Global Wave Group's commercial-lending focus and Sharetec's digital capabilities, with comparable FI buyer profile.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/evergreen-financial-technology-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 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 Evergreen Financial Technology Group