Core10

Overview
News
FinTech Infrastructure?
Product stageSegments
Early
?
Banking services
?

Core10 offers the “Accrue” API-based banking and lending infrastructure platform for FinTechs and community financial institutions (such as credit unions and community banks) to digitize (or modernize) operations. The company claims that users can build digital account opening, digital lending, and core connectivity services within 90 days using the platform. Accrue automates forms and document management while delivering real-time data to improve business decisions.

The platform includes security and know-your-customer (KYC) protocols. It also controls access through digital document uploads and record and field-level security. Notably, Core10 offers both subscription and project-based integration solutions to its users.


Key customers and partnerships


As of January 2023, the company served over 70 clients and completed 162 projects. Its clients include Teachers Credit Union, Sound Credit Union, Coastal Credit Union, and Farmers Insurance Federal Credit Union. Meanwhile, the company’s strategic partners include Salesforce, Plaid, and Jack Henry.


Funding and financials

Core10 raised USD 6.5 million in Series B funding in January 2023 led by Patriot Financial Partners to invest in expanding its Accrue platform as well as the company’s banking technology and integration services.

HQ location:
Franklin TN USA
Founded year:
2016
Employees:
51-100
IPO status:
Private
Total funding:
USD 10.0 mn
Last Funding:
USD 6.5 mn (Series B; Jan 2023)
Last valuation:
-
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