Corfinancial

London, United Kingdom Founded: 1996 • Age: 30 yrs
Software solutions for financial institutions are developed and provided.
Annual revenue $10.1M Latest available
Total funding $11.5M 5 rounds
Employees 42 Tracked headcount
Investors - Known backers
Products 6 Services tracked
Competitors 10 Brand Intelligence

About Corfinancial

Corfinancial is a company based in London (United Kingdom) founded in 1996. Corfinancial has raised $11.48 million across 5 funding rounds. The company has 42 employees as of December 31, 2023. Corfinancial offers products and services including BeaconVu, BITA Risk, Salerio, SureVu, and Costars. Corfinancial operates in a competitive market with competitors including ION Group, nCino, Ohpen, Backbase and Nymbus, among others.

  • Headquarter London, United Kingdom
  • Employees 42 as on 31 Dec, 2023
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Cor Financial Solutions Limited
  • Date of Incorporation 19 Sep, 1996
  • Jurisdiction LONDON
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.12 M (USD)
    10
    as on Dec 31, 2022
  • Net Profit
    $1.55 M (USD)
    76
    as on Dec 31, 2022
  • EBITDA
    $1.32 M (USD)
    92
    as on Dec 31, 2022
  • Total Equity Funding
    $11.48 M (USD)

    in 5 rounds

  • Latest Funding Round
    $7.56 M (USD), Unspecified

    Sep 24, 2001

  • Investors
    Not available
  • Employee Count
    42

    as on Dec 31, 2023

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Products & Services of Corfinancial

Corfinancial offers a comprehensive portfolio of products and services, including BeaconVu, BITA Risk, Salerio, SureVu, and Costars.

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Primary

Provides monitoring and analytics for private client portfolios.

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Automates trade confirmation and settlement processes.

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Manages investment platforms for banks and credit unions.

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Handles failed trade management and penalties processing.

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Offers fixed income accounting for financial institutions.

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Supports ESG monitoring and suitability profiling.

Funding Insights of Corfinancial

Corfinancial has successfully raised a total of $11.48M across 5 strategic funding rounds. The most recent funding activity was a Unspecified round of $7.56 million completed in September 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by Corfinancial

Investments
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Investment portfolio details for Corfinancial

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Financial Statements - Corfinancial

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Detailed financials for Corfinancial

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Corfinancial Comparisons

Corfinancial Primary company
Description
Software solutions for financial institutions are developed ...
Location
London, United Kingdom
Founded Year
1996
Annual Revenue
$10.12 M (USD)
Net Profit
$1.55 M (USD)
EBITDA
$1.32 M (USD)
Employees
42
As of 2023
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Peer comparison for Corfinancial

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Competitors of Corfinancial

Corfinancial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ION Group, nCino, Ohpen, Backbase and Nymbus, among others.

Company Name Domain Founded year HQ Location Description
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Treasury management solutions are provided for financial institutions and banks.
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Cloud-based API platform for banking operations is provided.
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Developer of cloud-based core banking platform for retail mutual funds and savings accounts
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AI-powered banking platforms are provided for operational growth.
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Cloud-based core banking solutions are offered to financial institutions.
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Cloud-native API-first core banking platform is provided for banks.
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Detailed competitors of Corfinancial

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Latest news on Corfinancial

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Complete news archive for Corfinancial

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Frequently Asked Questions about Corfinancial

Corfinancial was founded in 1996 and raised its 1st funding round 2 years after it was founded.

Corfinancial is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Corfinancial is a funded company, having raised a total of $11.48M across 5 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Corfinancial is 42.

Annual revenue of Corfinancial is $10.12M as on Dec 31, 2022.

Founded in 1996 and based in London, United Kingdom, Corfinancial operates in the financial software sector. Solutions are offered for various institutions, including integrated banking systems like abraxsys, asset liability management via almeter, and risk management through bitarisk. Additional services cover post-trade processing with salerio, portfolio accounting, investment administration, and sanctions monitoring. Operations focus on addressing diverse financial needs across institutions.

Corfinancial's top competitors include nCino, Thought Machine and Tuum.

Corfinancial offers BeaconVu, BITA Risk, Salerio, SureVu, and 2 more products and services.

The valuation of Corfinancial is $4.1M as of Sep 2001.

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