Natech is a global technology company specializing in software and services for the financial sector.
History
Founded in 2003 with the goal of creating technology solutions for small credit unions in Greece, Natech quickly evolved into a full suite of solutions designed to support the operations of client credit unions as they transitioned into
cooperative banks.
In 2010, started its strategic Partnership with
Microsoft by becoming a Microsoft Silver ISV Partner.[1]
In 2011, Natech implemented its web banking suite to 4 Cooperative Banks,[2][3] started to deploy its core banking solutions to currency exchange firms and payment institutions[4] and was certified ISO 9001:2008.[5]
In 2012, Natech was awarded the project to implement the software for payments and transfers within the SEPA union for Greece's Loan and Consignment Fund, the largest fund in Greece.[6] And establishes a branch in Athens. As of 2012, Natech had served over 10 out of 16 of the Greek Cooperative Banks with its Core Banking Solution.[7] It opened a second branch in
Athens and established a global partnership network to cater to the SME Banking Sector[8]
In 2016, the Cooperative Bank of Epirus launched a video customer service using
Skype for Business in conjunction with Natech products.[9] In 2018 Natech launched CSB2 (Natech Core Banking), a new
banking software, and became a reseller of the aplonAPI of PaymentComponents.[10][11]
In 2022 formed a joint venture with
Piraeus Bank, to launch a new digital bank in Europe, targeting the younger generation and Banking as a Service (BaaS) products.
In May 2023 the company registered in Switzerland under the Name Natech Financial Software AG [12]
In March 2024, the company revamped its brand identity and solution portfolio and is now publicly known as Natech Banking Solutions. [13]
In June 2024, the neobank backed by Natech and
Piraeus Bank obtained a universal banking license from the European Central Bank (ECB) in June 2024. [14]