ETRONIKA is included in MarketsandMarkets “Digital Banking Platforms Market” report

March 4, 2019

ETRONIKA, part of NRD Companies, with its award winning Omnichannel Digital Banking Platform BANKTRON, was included in „Digital Banking Platforms Market – Global Forecast to 2023“ by MarketsandMarkets.

Our inclusion in the MarketsandMarkets „Digital Banking Platforms Market – Global Forecast to 2023“ report is an important recognition of ETRONIKA as key innovator in the digital banking space. We are proud of being the only Nordic boutique company to submit our vision and insights for the report. 

said Arnoldas Jankūnas, Chief Executive Officer of ETRONIKA.

According to the report “The digital banking platforms market is projected to grow from USD 3.3 billion in 2018 to USD 5.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.2% from 2018 to 2023.”

Report states that “The research study that has been conducted on the digital banking platforms market involved the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, and Factiva, to identify and collect information relevant to the market. The primary sources were mainly industry experts from the core and related industries, distributors, service providers, technology developers, and technologists from companies and organizations related to all the segments of this industry’s value chain. In-depth interviews of various primary respondents, including key industry participants, Subject Matter Experts (SMEs), industry consultants, and C-level executives have been conducted to obtain and verify critical qualitative and quantitative information pertaining to the market, as well as, to assess the growth prospects of the market.”

The study covers 23 companies: Appway (Switzerland), Backbase (Netherlands), CREALOGIX (Switzerland), ebanklT (England), EdgeVerve (India), Intellect Design Arena (India), Finastra (UK), ieDigital (England), ETRONIKA (Lithuania), Fidor (Germany), Fiserv (US), Halcom (Slovenia), NETinfo (Cyprus), Kony (US), NF Innova (Austria), Oracle (US), SAB (France), SAP (Germany), Sopra (France), Tagit (Singapore), TCS (India), Technisys (US), Temenos (Switzerland), BNY Mellon (US), and Worldline (France).

BANKTRON is an award winning Omnichannel Digital Banking Platform developed by ETRONIKA. BANKTRON perfectly answers to nowadays digital banking challenges and fits the digital transformation needs banks have.

Being profiled in MarketsandMarkets „Digital Banking Platforms Market – Global Forecast 2023“ report is an important recognition of ETRONIKA as key innovator and great encouragement for our team. It confirms that we are mature technology provider and have a vision of the future of digital banking. For almost 20 years ETRONIKA has been a boutique helping its clients to be a step ahead, with ironclad security, omnichannel approach, user-centric design and fast time-to-market.

says Arnoldas Jankūnas, Chief Executive Officer of ETRONIKA.

The report „Digital Banking Platforms Market by Banking Type (Retail Banking and Corporate Banking), Banking Mode (Online Banking and Mobile Banking), Deployment Type (On-Premises and Cloud), and Region – Global Forecast to 2023“ can be found here.

ETRONIKA is award winning Nordic FinTech company, offering digital platforms for finance and retail sectors, mobile payments solutions, digital services for point-of-sales terminals and other services. Company is based in Vilnius, Lithuania and is a part of NRD Companies.

NRD Companies – a global information technology and consulting group of companies specialized in governance and economic digital infrastructure development. NRD Companies are controlled by INVL Technology  – Nasdaq Vilnius listed closed-end investment in IT Businesses Company. INVL Technology managed companies operate as a cluster and implement joint projects in more than 50 countries worldwide.

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