We have one goal

For Businesses Big And Small To ‘Experience Agility’.

Aura Cloud is focused on providing financial institutions with the power to be agile. We understand your business and your end customers. While incumbent financial institutions have challenges on being agile, new entrants have challenges in scaling.

While the cost of servicing and cost to income ratio is a concern for the big institutions, the cost of customer acquisition is a thorn for new entrants. How do we find new revenue streams and augment current ones in collaboration with FinTech is a key question for banks, while how do you ensure credibility by associating your business with banks without losing focus on what you stand for is something FinTechs worry about. Is Open Banking a new mantra for success or is it one of the many facets that you should consider?

Aura Cloud facilitates you in this journey of finding the right strategy. While we don’t have all the answers, we are with you in this journey of financial services disruption. Thinking like our customers, we have designed Aura Cloud to launch your services at light- speed; co-exist and integrate with eco-system providers to ensure you are there to capture the business moment as it happens.

Our Mission to provide you with agile wings, doesn’t stop with only ensuring you are up and running the first time, but also caters to every turn you business takes. Our strong domain focus in the financial services space reflects on the wide possibility in our platform; combine this with last mile knowledge about the market you operate and you have a great invisible team working towards your success.

Dedicated Team

Our senior management team has over 150 years of cumulative experience in banking, core bank development and implementation projects.

Prem Bhagwat

Founder, CEO
Creation of the world’s first-cloud ready Core bank platform, rendered as a service, launched from the Nordics.

Stefan Holm

Chairman Of The Board
Extensive experience from Banking and Finance industry, focus on payments and cards. Large international corporations as well as entrepreneurial businesses in the Nordics.

Mats Esbjornsson

Industry Expert, Board Member
30+ years of experience from the IT and financial industry, delivering business critical transformations for banks and IT service companies.

Armando Coppola

Board Member, Investor, WellStreet
Heading Wellstreet's fintech investments, with a background in building commercial products and sales organisations in both Avanza Bank and Nordnet Bank

Oskar Lagerqvist

Board Member, Investor, Almi Invest
Experienced investment professional with a background in venture capital, private debt and investment banking.

Tobias Hertzman

Sales Director - Nordics
15+ years of comprehensive experience from Banking and Finance industry with focus on Loans, Credit decisioning, Internet bank, Mobile apps and Business development

Tommi Lassila

Sales Manager - Finland and Baltic
Strong track record from the banking and payments business having worked in various management positions in leading international companies including SEB, American Express, Nets/Luottokunta and Visa International. Lately as the country manager and Head of Sales for SEB card business in Finland.