Skaleet cloud native core banking solutions support flexibility and growth for FinTechs and institutions

Financial transactions today are more dependent on digital transformations and innovations in the world.

With modern technology, transactions are more remote, secure and reliable, making business and services easily accessible. Hence, solutions such as Skaleet emerge to address the issues that arise from the unreliability of traditional systems, such as redundancy and dependability.  

Modular Architecture for Seamless Integration

The API first cloud native creation of Skaleet is what makes them stand out. They allow institutions to bring together disparate ecosystems through simple connections. In turn, institutions can select the best partners for themselves with no restrictions and without being constrained by any rigid frameworks.

The solution handles the complexity of orchestrating all of these different services (integrations), while the teams focus on designing new and innovative financial products. With the high configurability offered through no-code or low-code development tools, institutions and businesses can create and configure their own unique solutions and retain full operational independence. They can also modify these solutions with little or no dependence on external vendors or partners. 

Accelerating Product Launches

Institutions that deal with and handle transactions prioritise how fast and securely the transactions are done for customer satisfaction and trust. Skaleet enables the fast deployment of new offerings while maintaining regulatory standards and security.

With this solution, a client has been able to launch a digital bank in under four months and modernise payment services in a month. Through Skaleet, clients report that they have been able to reduce operational costs and increase client satisfaction through dependable transactions.

Industry experts highlight the growing adoption of scalable core banking as a service models. The SaaS-based core banking segment projects a value of USD 13.20 billion in 2025, with a 19.5% CAGR through 2032. Because of its scalability, organisations can access cutting-edge infrastructure and technology. Through the solution, all Skaleet clients can comfortably grow and scale their business while maintaining security and efficacy. 

Supporting Long-Term Evolution and Growth

Different businesses and institutions adapt and change as services, clients and demand change, especially in the financial market. With this in mind, Skaleet adapts fast to shifting business models, ensuring access to the latest features and market requirements. Through this evolution, the solution can prevent technology debt common in legacy infrastructures.

With bi-monthly updates, customers can always access new features. Established FinTechs upgrading their older operating systems will benefit from having the ability to scale. Technology and product leaders will have tools to keep up with regulatory change in a fast and efficient manner.

Long-Term Adaptability and Control

The solution supports institutions in sustaining control of their path through managing all the complexities that come with it, and allowing for that complexity to be removed to allocate resources towards innovation and customer oriented strategies.

In an environment that requires financial institutions to be flexible and adaptive, these types of solutions permit financial institutions to create resilient business models that can respond to a broad spectrum of future demands in an appropriate manner.