Company: XData Group
Founder: Roman Eloshvili
Website: https://xdatagroup.io/
About XData Group
XData Group is a leading B2B software development company delivering tailored solutions for the European banking sector. Founded in 2022 and headquartered in Tallinn, Estonia, with additional offices in Spain and Armenia, the company is strengthening its footprint as a trusted partner for banks and fintechs across the region.
Specializing in next-generation digital banking technology, XData Group provides end-to-end services spanning front-end and back-end app development, custom software design, UX/UI expertise, and prototype/MVP testing.
At the core of its offering is a comprehensive banking suite — covering everything a bank needs apart from the core banking system itself. The suite includes ready-made modules for AML and compliance, CRM, trading platforms, mobile and online banking, and seamless integrations with payment systems and card providers. This modular, scalable solution enables banks to deliver cutting-edge digital services with speed and efficiency.
Beyond outsourcing, XData Group has evolved into a product-driven business, launching two flagship proprietary solutions:
1) Comcora (https://www.comcora.com/) – a customizable Banking-as-a-Service (BaaS) platform. This white-label solution allows banks and emerging fintechs to roll out digital banking services rapidly and cost-effectively.
2) ComplyControl (https://complycontrol.com/) – an AI-powered compliance and fraud detection platform for financial institutions. Already recognized by multiple industry rankings including UK Startups 2025, AITech35 2025, and FinTech50 2025 by TechRound, ComplyControl highlights the company’s innovation in regulatory technology.
XData Group’s product strategy is showing strong results. In 2024, the company generated $7.3 million in revenue and $1.9 million in profit, proving the impact of its innovation-first approach. For 2025, the company has set ambitious goals: nearly doubling revenue to $14 million and increasing profit to $5 million. These targets reflect not only sustainable growth but also XData Group’s commitment to scaling responsibly – expanding its team, investing in AI-driven solutions, and continuing to redefine the digital banking experience.
