sbs-software.com
“Can an acquisition-built European core-banking vendor become the AI-embedded platform of choice for 1,500+ banks and lenders globally?”
Founded2012
HQParis, France (1 bis place de la Défense, 92400 Courbevoie)
Latest roundAcquired/Merged - operating subsidiary of 74Software
IndustryInfrastructure / Core Banking Software
The story
Founded 2012 as Sopra Banking Software (subsidiary of Sopra Group), SBS grew via serial acquisitions (Cassiopae, SAB, Fidor, APAK, Luminosity, Tieto) to become a Top-10 European fintech / core-banking vendor. In 2024 the company rebranded to SBS and merged with Axway to form 74Software, a mission-critical enterprise software group. Its strategic bet is on AI-embedded core banking and lending software delivered as cloud-native SaaS to 1,500+ financial institutions across 80 countries.
Product timeline
2012
Founded as Sopra Banking Software by Sopra Group· founding
2013
Acquired Tieto UK Mortgages & Savings Suite· acquisition
2014
Acquired C&W Belgium Integrated Core Banking· acquisition
2015
Launched SBS Banking Platform (composable cloud banking)· product_launch
2016
Acquired Cassiopae (France) Specialized Finance Software· acquisition
2017
Launched SBP Open Banking (API-enabled ecosystem)· product_launch
2018
Acquired APAK (UK & US) Wholesale Finance System· acquisition
2019
Launched SBS Financing Platform (composable cloud financing)· product_launch
2020
Acquired SAB France Integrated Core Banking· acquisition
2021
Acquired Fidor Germany Digital Engagement Platform· acquisition
2022
Acquired Luminosity (UK Wholesale Finance) and SFP Digital Audit· acquisition
2023
Launched SBP Digital Core Platform (AI-enabled CBS)· product_launch
2024
Rebrand from Sopra Banking Software to SBS; merged with Axway to form 74Software group· rebrand
Acquisitions
Luminosity2022
UK wholesale finance software
Fidor Germany2021
Digital engagement / neobank platform in Germany
SAB2020
French integrated core banking platform vendor
APAK2018
UK & US wholesale finance software (floorplan / dealer financing)
Cassiopae2016
French specialized finance / asset finance software vendor
C&W Belgium2014
Integrated core banking platform in Belgium
Tieto UK Mortgages & Savings Suite2013
UK mortgages and savings platform acquired to strengthen retail banking footprint in UK
The stack
6 layers disclosed in sbs-software.com’s embedded-finance stack
Payments / PSP
SBS Payments (self-operated)
Card issuing
in the full report
Card network
in the full report
Lending
in the full report
Open banking
in the full report
FX & payouts
in the full report
Accounting gap: none
9 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.