About Us

We Have One Goal

Aura cloud has one goal – for businesses big and small to ‘Experience Agility’.

Aura Banking 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 Banking cloud facilitates you in this journey of finding the right answers. 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 banking 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

20+ years in banking technology. Creation of the world’s first-cloud ready Core bank platform, rendered as a service, launched from the Nordics.


Stefan Holm

Non-Exec. 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.


Janne Lohvansuu

Advisor, CX & Service Design

Over 20 years of delivering successful digital services; also preaches and lectures about digital transformation, cryptos and customer experience.


Risto Vauras

Advisor, UI & UX

Strong consulting professional skilled in Experience Design, User and Customer Experience, Photography, Leisure Travel, Advertising.

Sign up for the 30-day Aura Cloud experience.

Setting up takes less than 10 minutes!