XData launches Comcora to fast-track digital banking

By Vriti Gothi

XData Group, a European software development company, has launched Comcora, a next-generation white-label Banking-as-a-Service (BaaS) platform designed to accelerate digital transformation for banks and FinTechs.

Purpose-built to meet the evolving needs of both established financial institutions and agile FinTech startups, Comcora offers a robust, flexible, and modular foundation for delivering modern digital financial services with speed and simplicity.

Comcora addresses two key market segments: traditional banks seeking to modernise their customer offerings, and FinTech companies in need of an enterprise-grade infrastructure to launch innovative services. The platform enables banks to deploy fully branded, digitally native experiences while seamlessly integrating with legacy core banking systems. For startups, it provides an adaptable suite of financial modules, including payments, virtual cards, and mobile banking, that can scale in step with growth ambitions.

The name Comcora, derived from “common core”, reflects the platform’s architectural DNA: a stable, shared foundation that can be uniquely customised for any brand, business model, or regional audience. This core enables financial institutions to maintain compliance, agility, and a distinct market identity, all while reducing development overhead.

Unlike conventional BaaS solutions that require clients to maintain extensive internal tech teams, Comcora provides a turnkey platform designed for rapid deployment. Its microservices-based architecture supports a full spectrum of digital banking capabilities from accounts and cards to loans and compliance workflows, with no need for clients to build their infrastructure.

Comcora also benefits from deep domain expertise and real-world banking experience embedded within the XData Group team. More than just developers, the product team acts as strategic partners who understand the nuances of financial regulation, user behaviour, and market variability both locally and globally.

• Full-stack digital banking modules: Accounts, payments, cards, profiles, loans, notifications, and more, all customisable and API-ready.

• Best-in-class integrations: Pre-integrated with Visa, Mastercard, Sumsub (KYC/KYB), ComplyControl (AML), and Google Cloud for scalable, secure infrastructure.

• No internal tech stack required: Clients can launch new services without investing in additional development teams or infrastructure management.

• Accelerated go-to-market: Drastically reduces time and cost compared to building from scratch, allowing businesses to focus on growth and innovation.

Roman Eloshvili, Founder and CEO of XData Group, said, “We are already seeing real traction. One of our first clients a European bank is set to launch a completely new mobile banking app powered by Comcora in Q1 2026. That’s just the beginning. We are now focused on scaling the platform across new markets, adapting to regional regulatory frameworks, and deepening our partnerships with financial institutions ready to innovate.”

With Comcora, XData Group affirms its commitment to enabling customer-centric, digitally native financial experiences. By removing infrastructure barriers and accelerating time to market, the platform empowers banks and FinTechs to meet shifting customer expectations, comply with evolving regulatory standards, and scale with confidence.

As financial services continue to decentralise and digitise, Comcora positions itself as a cornerstone for institutions ready to lead the future of banking with agility, resilience, and purpose.