The Latin America, Middle East and Africa SaaS-based Core Banking Software Market would witness market growth of 21.0% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA SaaS-based Core Banking Software Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 955.3 Million by 2032. The Argentina market is showcasing a CAGR of 23.2% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 19.5% during (2025 - 2032). The Brazil and Saudi Arabia led the LAMEA SaaS-based Core Banking Software Market by Country with a market share of 26.8% and 13.3% in 2024.

The LAMEA SaaS-based core banking software market has quickly moved away from old-fashioned on-premise systems and toward more flexible, cloud-native platforms. This change is due to more people using the internet, more people being able to connect to the internet on their phones, and government efforts to promote digital banking and financial inclusion. Banks in Brazil, South Africa, India, and other emerging markets are using these solutions to modernize their operations, make customers happier, and get new products to market faster. SaaS platforms give banks the infrastructure they need to be more efficient and compete in a financial world that is becoming more digital-first.
In the LAMEA market, modular, API-driven architectures, strict adherence to data sovereignty and regulatory compliance, and the use of AI and machine learning to improve fraud detection, tailor services, and streamline operations are all important trends. Top companies are teaming up with local fintechs, putting money into research and development, offering flexible hybrid and multi-cloud solutions, and putting a lot of emphasis on customer support. There is a lot of competition, and both established companies and new fintech startups are coming up with new ways to offer flexible, compliant, and customer-focused solutions. Success depends on providing platforms that are modular, flexible, and technologically advanced, and that follow local laws and changing market needs.
Banking Type Outlook
Based on Banking Type, the market is segmented into Large Banks, Midsize Banks, Small Banks, Community Banks, and Credit Unions. Among various UAE SaaS-based Core Banking Software Market by Banking Type; The Small Banks market achieved a market size of USD $79 Million in 2024 and is expected to grow at a CAGR of 19.9 % during the forecast period. The Credit Unions market is predicted to experience a CAGR of 21.7% throughout the forecast period from (2025 - 2032).
Deployment Outlook
Based on Deployment, the market is segmented into Public Cloud, Hybrid Cloud, and Private Cloud. The Public Cloud market segment dominated the South Africa SaaS-based Core Banking Software Market by Deployment is expected to grow at a CAGR of 21.8 % during the forecast period thereby continuing its dominance until 2032. Also, The Private Cloud market is anticipated to grow as a CAGR of 23.8 % during the forecast period during (2025 - 2032).

Free Valuable Insights: The Worldwide SaaS-based Core Banking Software Market is Projected to reach USD 43.72 Billion by 2032, at a CAGR of 18.9%
Country Outlook
Brazil’s SaaS-based core banking software market is growing rapidly, driven by digital banking expansion, regulatory changes, and initiatives to improve financial inclusion. SaaS platforms help banks enhance operational efficiency, reduce costs, and offer faster, personalized services, particularly in digital payments and micro-lending. The rise of mobile banking among younger populations accelerates modernization of core systems. Compliance with Brazil’s General Data Protection Law (LGPD) encourages adoption of secure, cloud-based platforms. Competition is strong, with international providers like Temenos and Finastra and local fintechs leveraging market knowledge to offer tailored, compliant solutions.
List of Key Companies Profiled
- nCino, Inc
- Temenos AG
- Mambu B.V
- Oracle Corporation
- Fiserv, Inc.
- Jack Henry & Associates, Inc.
- Finastra Group Holdings Limited (Vista Equity Partners)
- Tata Consultancy Services Ltd.
- SAP SE
- Fidelity National Information Services, Inc.
LAMEA SaaS-based Core Banking Software Market Report Segmentation
By Deployment
- Public Cloud
- Hybrid Cloud
- Private Cloud
By End-User
- Retail Banking
- Corporate Banking
- Treasury
- Wealth Management
By Banking Type
- Large Banks
- Midsize Banks
- Small Banks
- Community Banks
- Credit Unions
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA SaaS-based Core Banking Software Market, by Deployment
1.4.2 LAMEA SaaS-based Core Banking Software Market, by End-User
1.4.3 LAMEA SaaS-based Core Banking Software Market, by Banking Type
1.4.4 LAMEA SaaS-based Core Banking Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Market Trends – LAMEA SaaS-based Core Banking Software Market
Chapter 5. State of Competition SaaS-based Core Banking Software Market
Chapter 6. PLC (Product Life Cycle) - Global SaaS-based Core Banking Software Market
Chapter 7. Market Consolidation - SaaS-based Core Banking Software Market
Chapter 8. Value Chain Analysis of SaaS-based Core Banking Software Market
Chapter 9. Competition Analysis - Global
9.1 KBV Cardinal Matrix
9.2 Recent Industry Wide Strategic Developments
9.2.1 Partnerships, Collaborations and Agreements
9.2.2 Product Launches and Product Expansions
9.2.3 Acquisition and Mergers
9.3 Market Share Analysis, 2024
9.4 Top Winning Strategies
9.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
9.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Dec – 2025, Jun) Leading Players
9.5 Porter Five Forces Analysis
Chapter 10. Key Customer Criteria - SaaS-based Core Banking Software Market
Chapter 11. LAMEA SaaS-based Core Banking Software Market by Deployment
11.1 LAMEA Public Cloud Market by Country
11.2 LAMEA Hybrid Cloud Market by Country
11.3 LAMEA Private Cloud Market by Country
Chapter 12. LAMEA SaaS-based Core Banking Software Market by End-User
12.1 LAMEA Retail Banking Market by Country
12.2 LAMEA Corporate Banking Market by Country
12.3 LAMEA Treasury Market by Country
12.4 LAMEA Wealth Management Market by Country
Chapter 13. LAMEA SaaS-based Core Banking Software Market by Banking Type
13.1 LAMEA Large Banks Market by Country
13.2 LAMEA Midsize Banks Market by Country
13.3 LAMEA Small Banks Market by Country
13.4 LAMEA Community Banks Market by Country
13.5 LAMEA Credit Unions Market by Country
Chapter 14. LAMEA SaaS-based Core Banking Software Market by Country
14.1 Brazil SaaS-based Core Banking Software Market
14.1.1 Brazil SaaS-based Core Banking Software Market by Deployment
14.1.2 Brazil SaaS-based Core Banking Software Market by End-User
14.1.3 Brazil SaaS-based Core Banking Software Market by Banking Type
14.2 Argentina SaaS-based Core Banking Software Market
14.2.1 Argentina SaaS-based Core Banking Software Market by Deployment
14.2.2 Argentina SaaS-based Core Banking Software Market by End-User
14.2.3 Argentina SaaS-based Core Banking Software Market by Banking Type
14.3 UAE SaaS-based Core Banking Software Market
14.3.1 UAE SaaS-based Core Banking Software Market by Deployment
14.3.2 UAE SaaS-based Core Banking Software Market by End-User
14.3.3 UAE SaaS-based Core Banking Software Market by Banking Type
14.4 Saudi Arabia SaaS-based Core Banking Software Market
14.4.1 Saudi Arabia SaaS-based Core Banking Software Market by Deployment
14.4.2 Saudi Arabia SaaS-based Core Banking Software Market by End-User
14.4.3 Saudi Arabia SaaS-based Core Banking Software Market by Banking Type
14.5 South Africa SaaS-based Core Banking Software Market
14.5.1 South Africa SaaS-based Core Banking Software Market by Deployment
14.5.2 South Africa SaaS-based Core Banking Software Market by End-User
14.5.3 South Africa SaaS-based Core Banking Software Market by Banking Type
14.6 Nigeria SaaS-based Core Banking Software Market
14.6.1 Nigeria SaaS-based Core Banking Software Market by Deployment
14.6.2 Nigeria SaaS-based Core Banking Software Market by End-User
14.6.3 Nigeria SaaS-based Core Banking Software Market by Banking Type
14.7 Rest of LAMEA SaaS-based Core Banking Software Market
14.7.1 Rest of LAMEA SaaS-based Core Banking Software Market by Deployment
14.7.2 Rest of LAMEA SaaS-based Core Banking Software Market by End-User
14.7.3 Rest of LAMEA SaaS-based Core Banking Software Market by Banking Type
Chapter 15. Company Profiles
15.1 nCino, Inc
15.1.1 Company Overview
15.1.2 Financial Analysis
15.1.3 Regional Analysis
15.1.4 Research & Development Expenses
15.1.5 Recent strategies and developments:
15.1.5.1 Partnerships, Collaborations, and Agreements:
15.1.5.2 Product Launches and Product Expansions:
15.1.5.3 Acquisition and Mergers:
15.1.6 SWOT Analysis
15.2 Temenos AG
15.2.1 Company Overview
15.2.2 Financial Analysis
15.2.3 Segmental Analysis
15.2.4 Recent strategies and developments:
15.2.4.1 Partnerships, Collaborations, and Agreements:
15.2.4.2 Product Launches and Product Expansions:
15.2.5 SWOT Analysis
15.3 Mambu B.V.
15.3.1 Company Overview
15.3.2 Recent strategies and developments:
15.3.2.1 Partnerships, Collaborations, and Agreements:
15.3.2.2 Product Launches and Product Expansions:
15.4 Oracle Corporation
15.4.1 Company Overview
15.4.2 Financial Analysis
15.4.3 Segmental and Regional Analysis
15.4.4 Research & Development Expense
15.4.5 Recent strategies and developments:
15.4.5.1 Product Launches and Product Expansions:
15.4.6 SWOT Analysis
15.5 Fiserv, Inc.
15.5.1 Company Overview
15.5.2 Financial Analysis
15.5.3 Segmental and Regional Analysis
15.5.4 Recent strategies and developments:
15.5.4.1 Acquisition and Mergers:
15.6 Jack Henry & Associates, Inc.
15.6.1 Company Overview
15.6.2 Financial Analysis
15.6.3 Research & Development Expenses
15.7 Finastra Group Holdings Limited (Vista Equity Partners)
15.7.1 Company Overview
15.7.2 Recent strategies and developments:
15.7.2.1 Partnerships, Collaborations, and Agreements:
15.8.1 Company Overview
15.8.2 Financial Analysis
15.8.3 Segmental and Regional Analysis
15.8.4 Research & Development Expenses
15.8.5 SWOT Analysis
15.9 SAP SE
15.9.1 Company Overview
15.9.2 Financial Analysis
15.9.3 Regional Analysis
15.9.4 Research & Development Expense
15.9.5 SWOT Analysis
15.10. Fidelity National Information Services, Inc.
15.10.1 Company Overview
15.10.2 Financial Analysis
15.10.3 Segmental and Regional Analysis
15.10.4 SWOT Analysis
TABLE 1 LAMEA SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 2 LAMEA SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– SaaS-based Core Banking Software Market
TABLE 4 Product Launches And Product Expansions– SaaS-based Core Banking Software Market
TABLE 5 Acquisition and Mergers– SaaS-based Core Banking Software Market
TABLE 6 Key Customer Criteria - SaaS-based Core Banking Software Market
TABLE 7 LAMEA SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 8 LAMEA SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 9 LAMEA Public Cloud Market by Country, 2021 - 2024, USD Million
TABLE 10 LAMEA Public Cloud Market by Country, 2025 - 2032, USD Million
TABLE 11 LAMEA Hybrid Cloud Market by Country, 2021 - 2024, USD Million
TABLE 12 LAMEA Hybrid Cloud Market by Country, 2025 - 2032, USD Million
TABLE 13 LAMEA Private Cloud Market by Country, 2021 - 2024, USD Million
TABLE 14 LAMEA Private Cloud Market by Country, 2025 - 2032, USD Million
TABLE 15 LAMEA SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 16 LAMEA SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 17 LAMEA Retail Banking Market by Country, 2021 - 2024, USD Million
TABLE 18 LAMEA Retail Banking Market by Country, 2025 - 2032, USD Million
TABLE 19 LAMEA Corporate Banking Market by Country, 2021 - 2024, USD Million
TABLE 20 LAMEA Corporate Banking Market by Country, 2025 - 2032, USD Million
TABLE 21 LAMEA Treasury Market by Country, 2021 - 2024, USD Million
TABLE 22 LAMEA Treasury Market by Country, 2025 - 2032, USD Million
TABLE 23 LAMEA Wealth Management Market by Country, 2021 - 2024, USD Million
TABLE 24 LAMEA Wealth Management Market by Country, 2025 - 2032, USD Million
TABLE 25 LAMEA SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 26 LAMEA SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 27 LAMEA Large Banks Market by Country, 2021 - 2024, USD Million
TABLE 28 LAMEA Large Banks Market by Country, 2025 - 2032, USD Million
TABLE 29 LAMEA Midsize Banks Market by Country, 2021 - 2024, USD Million
TABLE 30 LAMEA Midsize Banks Market by Country, 2025 - 2032, USD Million
TABLE 31 LAMEA Small Banks Market by Country, 2021 - 2024, USD Million
TABLE 32 LAMEA Small Banks Market by Country, 2025 - 2032, USD Million
TABLE 33 LAMEA Community Banks Market by Country, 2021 - 2024, USD Million
TABLE 34 LAMEA Community Banks Market by Country, 2025 - 2032, USD Million
TABLE 35 LAMEA Credit Unions Market by Country, 2021 - 2024, USD Million
TABLE 36 LAMEA Credit Unions Market by Country, 2025 - 2032, USD Million
TABLE 37 LAMEA SaaS-based Core Banking Software Market by Country, 2021 - 2024, USD Million
TABLE 38 LAMEA SaaS-based Core Banking Software Market by Country, 2025 - 2032, USD Million
TABLE 39 Brazil SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 40 Brazil SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 41 Brazil SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 42 Brazil SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 43 Brazil SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 44 Brazil SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 45 Brazil SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 46 Brazil SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 47 Argentina SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 48 Argentina SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 49 Argentina SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 50 Argentina SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 51 Argentina SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 52 Argentina SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 53 Argentina SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 54 Argentina SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 55 UAE SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 56 UAE SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 57 UAE SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 58 UAE SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 59 UAE SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 60 UAE SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 61 UAE SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 62 UAE SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 63 Saudi Arabia SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 64 Saudi Arabia SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 65 Saudi Arabia SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 66 Saudi Arabia SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 67 Saudi Arabia SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 68 Saudi Arabia SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 69 Saudi Arabia SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 70 Saudi Arabia SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 71 South Africa SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 72 South Africa SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 73 South Africa SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 74 South Africa SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 75 South Africa SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 76 South Africa SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 77 South Africa SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 78 South Africa SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 79 Nigeria SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 80 Nigeria SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 81 Nigeria SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 82 Nigeria SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 83 Nigeria SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 84 Nigeria SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 85 Nigeria SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 86 Nigeria SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 87 Rest of LAMEA SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 88 Rest of LAMEA SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 89 Rest of LAMEA SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 90 Rest of LAMEA SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 91 Rest of LAMEA SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 92 Rest of LAMEA SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 93 Rest of LAMEA SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 94 Rest of LAMEA SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 95 Key Information – nCino, Inc
TABLE 96 Key Information – Temenos AG
TABLE 97 Key Information – Mambu B.V.
TABLE 98 Key Information – Oracle Corporation
TABLE 99 Key Information – Fiserv, Inc.
TABLE 100 Key Information – Jack Henry & Associates, Inc.
TABLE 101 Key Information – Finastra Group Holdings Limited
TABLE 102 Key Information – Tata Consultancy Services Ltd.
TABLE 103 Key Information – SAP SE
TABLE 104 Key Information – Fidelity National Information Services, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA SaaS-based Core Banking Software Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting LAMEA SaaS-based Core Banking Software Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Dec – 2025, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – SaaS-based Core Banking Software Market
FIG 9 Key Customer Criteria - SaaS-based Core Banking Software Market
FIG 10 LAMEA SaaS-based Core Banking Software Market share by Deployment, 2024
FIG 11 LAMEA SaaS-based Core Banking Software Market share by Deployment, 2032
FIG 12 LAMEA SaaS-based Core Banking Software Market by Deployment, 2021 - 2032, USD Million
FIG 13 LAMEA SaaS-based Core Banking Software Market share by End-User, 2024
FIG 14 LAMEA SaaS-based Core Banking Software Market share by End-User, 2032
FIG 15 LAMEA SaaS-based Core Banking Software Market by End-User, 2021 - 2032, USD Million
FIG 16 LAMEA SaaS-based Core Banking Software Market share by Banking Type, 2024
FIG 17 LAMEA SaaS-based Core Banking Software Market share by Banking Type, 2032
FIG 18 LAMEA SaaS-based Core Banking Software Market by Banking Type, 2021 - 2032, USD Million
FIG 19 LAMEA SaaS-based Core Banking Software Market share by Country, 2024
FIG 20 LAMEA SaaS-based Core Banking Software Market share by Country, 2032
FIG 21 LAMEA SaaS-based Core Banking Software Market by Country, 2021 - 2032, USD Million
FIG 22 Recent strategies and developments: nCino, Inc
FIG 23 SWOT Analysis: nCino, Inc.
FIG 24 Recent strategies and developments: Temenos AG
FIG 25 Swot Analysis: Temenos AG
FIG 26 Recent strategies and developments: Mambu B.V
FIG 27 SWOT Analysis: Oracle Corporation
FIG 28 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 29 SWOT Analysis: SAP SE
FIG 30 SWOT Analysis: Fidelity National Information Services, Inc.