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EdgeVerve Finacle vs Oracle FLEXCUBE comparison

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

EdgeVerve Finacle
Ranking in Core Banking Software
6th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
Digital Banking Engagement Platforms (5th)
Oracle FLEXCUBE
Ranking in Core Banking Software
4th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Core Banking Software category, the mindshare of EdgeVerve Finacle is 5.4%, down from 8.1% compared to the previous year. The mindshare of Oracle FLEXCUBE is 11.5%, down from 11.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
Oracle FLEXCUBE11.5%
EdgeVerve Finacle5.4%
Other83.1%
Core Banking Software
 

Top Industries

By visitors reading reviews
Financial Services Firm
21%
Computer Software Company
20%
University
6%
Energy/Utilities Company
6%
Financial Services Firm
32%
Computer Software Company
14%
Outsourcing Company
9%
Government
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for EdgeVerve Finacle?
I did not purchase EdgeVerve Finacle through the AWS Marketplace.
What needs improvement with EdgeVerve Finacle?
EdgeVerve Finacle can be improved by making more use of technology, artificial intelligence, machine learning, as well as blockchain technology.
What is your primary use case for EdgeVerve Finacle?
EdgeVerve Finacle is primarily used by all banks, major banks, minor banks, or NBFCs for their banking operations. We are one of the service providers to the clients for EdgeVerve Finacle, where we...
What is your experience regarding pricing and costs for Oracle FLEXCUBE?
The experience with pricing, setup cost, and licensing for Oracle FLEXCUBE is moderate, neither high nor low, but moderately high.
What needs improvement with Oracle FLEXCUBE?
Oracle FLEXCUBE can be improved by implementing artificial intelligence and blockchain technology, which most financial institutions in the BFSI sector are incorporating into core banking, making t...
What is your primary use case for Oracle FLEXCUBE?
Oracle FLEXCUBE is one of the major core banking solutions provided by Oracle, where most banks use it as a banking product. We, being technology consultants, recommend clients in improving the pro...
 

Also Known As

Finacle
No data available
 

Overview

 

Sample Customers

Bank Rakyat Indonesia, African Export Import Bank, Union Bank, Standard Bank, Federal Bank
Nedbank Limited, Banca Transilvania S.A., Hampden & Co., TECU Credit Union Co-operative Society Limited