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Finastra’s ex-team's launch
The Core Financial Software
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
Finastra’s ex-team launches Core Financial Software
AdelFi Credit Union’s digital leap before its big merger
Hot take: Are mergers the new innovation engine in fintech?
Quick polls to hear your take 👀
Source : Crassula
Finastra sold two software products to a new company called Core Financial Software, run by ex-Finastra leaders in the U.S.
🚨Breaking News:
Core Financial Software now owns Fusion Servicing Director and EZTeller, giving it a big customer base and ex-Finastra talent to scale fast.
⚡Wire Simplified:
Fusion handles loan servicing for everything from homes to timeshares
EZTeller is a bank branch tool for tellers to manage cash and track balances
Core Financial Software was literally formed from this carve out
Over 200 banks and credit unions are now using these tools
Finastra says it’s just focusing on bigger global tech now
✔️Straight to the Point:
This is basically Finastra handing the keys to its old tools and team so Core Financial can go build the next chapter.
🎤 Would you trust your bank’s backend to a “startup” of Finastra veterans? |
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Source : Adobe Stock
AdelFi Credit Union is teaming up with Alkami Tech to upgrade digital banking for its Christian-focused members and businesses.
🚨Breaking News:
AdelFi just rolled out Alkami’s platform, adding slick online tools, data marketing, and ACH payments right before a major credit union merger.
⚡Wire Simplified:
Alkami’s system helps manage accounts, cards, loans, and payments all in one place
AdelFi’s users include 14K ministries and non-profits
The platform offers 270+ fintech integrations (that’s a lot of plug-ins!)
AdelFi is merging with CCCU in November
Post-merger, CCCU’s CEO will take the lead
✔️Straight to the Point:
AdelFi’s upgrade is a tech glow up before its merger because even faith-based banking needs a solid app and smooth UX today.
Breaking- Meta has tracked down Soham Parekh and offered him $300M
They literally need everyone they can get!
— Bindu Reddy (@bindureddy)
1:40 AM • Jul 3, 2025
Anyone who is allocating to early stage venture capital should at minimum be spending 20% of their time and 20% of their assets under management on YC companies
And they should invest in a basket of companies not rifle shot.
— Garry Tan (@garrytan)
9:44 PM • Jul 2, 2025
Digital Assets Week 2025
Focused on the adoption of digital assets in finance, this event includes discussions on tokenization, crypto regulation, and institutional adoption.
Date: November 11–13, 2025 | Location: London, UK
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