Europe SaaS-based Core Banking Software Market Size, Share & Industry Analysis Report by Deployment, End-User, Banking Type, Country and Growth Forecast, 2025-2032

The Europe SaaS-based Core Banking Software Market is expected to witness market growth of 18.4% CAGR during the forecast period (2025-2032).

The Germany market dominated the Europe SaaS-based Core Banking Software Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of USD 2.35 billion by 2032. The France market is exhibiting a CAGR of 17.6% during 2025-2032. Additionally, the UK market is expected to experience a CAGR of 18.9% during 2025-2032. The Germany and France led the Europe SaaS-based Core Banking Software Market by Country with a market share of 27.9% and 26% in 2024.



Cloud computing, new rules, and a growing need for digital banking services have all changed the European SaaS-based core banking software market in big ways. Banks switched to scalable, cost-effective SaaS platforms to improve efficiency and customer service because traditional on-premise systems were expensive and hard to change. GDPR and PSD2 made adoption faster by requiring systems to be safe and compliant. At the same time, the rise of fintechs and real-time banking services made the market more competitive. SaaS platforms now support mobile banking, payments, AI-driven analytics, and customer-focused solutions. This helps both big banks and digital-first challengers stay competitive in the changing European financial sector.

AI and ML integration for fraud detection, credit scoring, and personalized customer services are two of the most important trends in the market. Open banking and API ecosystems are also growing, making it easier for fintechs to work together. Providers are still focused on data security and following the rules. They do this by using encryption, multi-factor authentication, and real-time monitoring. Acquisitions, partnerships, and customer-focused customization are some of the best ways to grow a business's offerings and capabilities. Established companies like Temenos, Finastra, and FIS are in charge, but new, flexible fintech companies like Mambu and Thought Machine are pushing for new ideas, making the cloud-native, scalable, and secure SaaS core banking space even more competitive.

End-User Outlook

Based on End-User, the market is segmented into Retail Banking, Corporate Banking, Treasury, and Wealth Management. Among various UK SaaS-based Core Banking Software Market by End-User; The Retail Banking market achieved a market size of USD $1.02 billion in 2024 and is expected to grow at a CAGR of 18.3 % during the forecast period. The Treasury market is predicted to experience a CAGR of 19.6% 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 Spain SaaS-based Core Banking Software Market by Deployment is expected to grow at a CAGR of 20.3 % during the forecast period thereby continuing its dominance until 2032. Also, The Private Cloud market is anticipated to grow as a CAGR of 22.3 % during the forecast period during 2025-2032.

Country Outlook

The market for SaaS-based core banking software in Germany is changing quickly as banks modernize old systems and meet rules like GDPR and PSD2 by going digital. Cloud-based platforms let banks offer faster, more flexible services to tech-savvy customers by making their services more scalable, cost-effective, and secure. Digital banking and fintech competition are making people more likely to use it, and AI and machine learning integration help automate boring tasks and offer personalized services. In general, SaaS solutions are becoming necessary for German banks to stay competitive in a fast-changing financial market, improve their operations, and come up with new ideas.

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.

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

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe