Startups
SaaScada is a B2B Banking SaaS platform which enables financial institutions to rapidly build and launch retail banking services.
The configurable, cloud-native platform of open APIs facilitates existing financial institutions and new entrants to launch digital banking services in as little as 12 weeks, at a low cost. It delivers a future-proof solution to product launches and innovation, providing clients with agility to rapidly create bespoke products and user experiences which can be launched seamlessly. A highly composable architecture creates an evolvable system which can be easily integrated with third parties. The multi-tenanted platform can be deployed anywhere in the world and has been designed from the ground up to minimize TCO.
The platform's architecture and pricing reflect SaaScada's mission to enable our clients to serve every customer base, from those facing financial exclusion to HNW individuals.
The configurable, cloud-native platform of open APIs facilitates existing financial institutions and new entrants to launch digital banking services in as little as 12 weeks, at a low cost. It delivers a future-proof solution to product launches and innovation, providing clients with agility to rapidly create bespoke products and user experiences which can be launched seamlessly. A highly composable architecture creates an evolvable system which can be easily integrated with third parties. The multi-tenanted platform can be deployed anywhere in the world and has been designed from the ground up to minimize TCO.
The platform's architecture and pricing reflect SaaScada's mission to enable our clients to serve every customer base, from those facing financial exclusion to HNW individuals.
Overview
Location
United Kingdom, England, City of London
Employees
11-50
Total raised
$6.19M
Founded date
2016
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| May 5, 2022 | Funding round | $3.1M |
Mentions in press and media 10
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Apr 3, 2026 | How Banks Are Modernising Legacy Systems | Banks have a reputation for stability—but behind the scenes, many are still running on decades-old infrastructure. These legacy systems, often built in the 80s and 90s, were never designed for today’s always-on, digital-first world. Yet, in... |
| Mar 23, 2026 | How SaaS is Transforming Core Banking Platforms | Share Share Share Share Email The banking world is changing quickly. Customers expect faster services, simple mobile apps, and secure online access to their accounts. Traditional banking systems, however, were not built for this modern digi... |
| Jan 16, 2026 | The Digital Operations Resilience Act | One Year On | The Digital Operational Resilience Act (DORA) was formally put into place by the EU last year as a regulatory framework to strengthen the financial sector’s resilience against information communication technology risks, placing a responsibi... |
| Nov 14, 2025 | AI in Finance is “Going Nowhere Fast”, Say UK Bank Leaders | Poor quality data, an overreliance on legacy tech, and ongoing regulatory uncertainty are slowing AI adoption across UK banks, pushing them towards low-risk, low-value use cases, according to new research from SaaScada. The core banking pla... |
| Sep 19, 2025 | UK Banks Burning £3.3Bn a Year on Legacy Systems | UK banks are spending up to a quarter of their IT budgets to keep the legacy systems they rely on running smoothly, resulting in a ‘bottomless pit’ of billions spent on core banking management and maintenance. Banking engine SaaScada’s late... |
| Aug 7, 2024 | Cogo And SaaScada Join Forces To Drive Progress In Reducing Carbon Impact Across The Finance Industry | LONDON, UK, August 7, 2024 /EINPresswire.com/ -- Carbon footprint management experts, Cogo, and SaaScada, providers of data driven core banking solutions, have joined forces to drive further progress in helping the banking and finance indus... |
| Nov 29, 2022 | astrantiaPay Selects SaaScada to Enrich Swiss Landscape of Business Payments and Fill Market Gap | Swiss financial firm, astrantiaPay, to use SaaScada’s core banking engine to simplify cross-border payments and facilitate international trade and services ZURICH, SWITZERLAND, November 29, 2022 /EINPresswire.com/ -- astrantiaPay today anno... |
| May 5, 2022 | SaaScada nabs £2.5 million to back challenger banks | Due to the inflexible nature of the core banking black box, launching new banking services has traditionally been expensive, time-consuming, and restrictive. As a result, a lot of organisations have been frozen out, as the cost and complexi... |
| SaaScada nabs £2.5 million to back challenger banks | Due to the inflexible nature of the core banking black box, launching new banking services has traditionally been expensive, time-consuming, and restrictive. As a result, a lot of organisations have been frozen out, as the cost and complexi... |
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FAQ about SaaScada
When was SaaScada founded?
SaaScada was founded in 2016.
How much funding has SaaScada raised?
SaaScada has raised $6.19M in total across 2 funding rounds.
What funding rounds has SaaScada raised?
Parsers VC lists 2 funding rounds of SaaScada, among them a funding round of $3.1M on May 5, 2022.
What has the press written about SaaScada?
Parsers VC has collected 10 articles mentioning SaaScada, among them “How Banks Are Modernising Legacy Systems” (Apr 3, 2026) and “How SaaS is Transforming Core Banking Platforms” (Mar 23, 2026).
Is SaaScada still active?
Yes, SaaScada is active; its latest activity on Parsers VC dates from Apr 3, 2026.