100%
off-premise after migration
The core banking platform behind 90% of bank cloud migrations in the Philippines.
The cloud bank-in-a-box for BSP-regulated financial institutions. Built for Philippine banking. Built for the cloud. From the first line of code.
Hosted
Certified
50+
financial institutions live on the platform
500+
payment infrastructure integrations
2M
average daily InstaPay transactions
Why it works
What changes when your bank moves to Nextbank.
-
Built for the Philippines
Passbooks, cheques, time deposits and BSP reports are built in rather than customized, and reports come out of the core ready to submit.
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Accurate data
A transaction posts in full or not at all, so the ledger stays in balance. The general ledger is built in and posts as each transaction happens. Head office sees every branch's figures the same day.
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Stable at scale
Performance holds at payday and month-end. Payments and reporting run beside the core, so peak traffic never slows the transaction path.
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Runs without on-site IT
We manage the system and the AWS platform under it, security included. Branches hold no hardware to maintain or to fail, and every update deploys to all clients as part of the subscription.
- Core BankingCloud Core BankingDeposits, loans and an automated general ledger. BSP reports from the core.
- Core BankingBusiness IntelligenceLive KPIs by day, branch and product.
- Mobile BankingMobile BankingCustomers transact anytime, anywhere.
- Mobile BankingInternet BankingBalances, transfers, bills and top-ups on the web.
- Mobile BankingAgency BankingAgents and sari-sari stores become satellite branches.
- Mobile BankingeKYCDigital identity verification for faster onboarding.
- Loan ManagementLoan ManagementRelease to collection, regular and microfinance.
- Loan ManagementLoan OriginationConfigurable, in branches or agent offices.
- Loan ManagementAI-driven Credit ScoringRepayment probability from 600+ characteristics.
- PaymentsPayment HubBancnet, InstaPay, PESONet, e-wallets and OTC. One API.
- PaymentsPayment GatewayCollect and disburse across every channel.
- PaymentsFraud Management SystemScores every transaction. AFASA and BSP 1213 aligned.
Why Nextbank
A system built for Philippine banking.
| Nextbank | Foreign cloud | Local legacy | |
|---|---|---|---|
| BSP reports | Generated from the core | System format, mapped manually | Compiled manually |
| Passbooks, cheques, TDs | Built in from day one | Customized | Built in, ageing |
| Philippine payment rails | Connected through the payment module | Separate integration project | Separate integration project |
| New circulars, AFASA | Deployed for every client, included | Change request | Your project |
| Branch data | One system, visible same day | Consolidated | Per branch, consolidated manually |
| Ledger integrity | Whole, or rolled back | Varies | Partial posts possible |
| Scaling | Resize the server, keep the system | Elastic | New servers |
| On-site servers and IT | None. AWS managed for you | None | Per branch |
| Support | Philippines, 24/7, your language | Overseas desk | Per site |
| Pricing | Pay-as-you-grow | License + project | License + installation |
Customers
Results from banks and fintechs on Nextbank.
+758%
annual loan volume
+3,790% annual loan income
