Agora Services partners with i2c to enable the first real challenger bank platform for community banks and credit unions

Driving innovative use cases for mobile-first digital banking lab built specifically for smaller FIs

ATLANTA, GA (May 25, 2021)Agora Services, the challenger bank technology platform for community banks and credit unions, today announced it has partnered with i2c Inc., a leading global provider of digital payment and open banking technology, to provide modern digital first  issuing and processing.

Challenger banks are encroaching on community banks and credit unions by providing a digitally native user experience that meets the needs of today’s consumers. A new study from Cornerstone Advisors and StrategyCorps  finds that the number of consumers who had a challenger bank as their primary account grew seven percent between January 2020 and December 2020. The largest banks have countered this by replicating the app strategy offered by challenger banks.

For community banks and credit unions, there is a need within the industry to deliver products that compete with challenger banks and large banks, but many have limited resources. To meet that need, Agora and i2c have partnered to create the first true challenger bank-like platform designed specifically for credit unions and community banks. This platform is a one stop shop for white labeled solutions including card issuance for debit, prepaid and credit cards in a digitally native environment.

Through this full suite of challenger banking services, community banks and credit unions can now leverage competitive technology without having to add to their employee head count, all at an affordable price point and accelerated time to market through a new offer opened to financial institutions called modular banking approach as described in a recent white paper written by Cornerstone Advisors.

“Community banks and credit unions need the flexibility of offering mobile-first services without sacrificing the attention paid to customer and member service,” said Arcady Lapiro, Founder and CEO of Agora Services. “Agora is the only provider bringing challenger bank products directly to smaller financial institutions without requiring a core overhaul. And, if community banks and credit unions want to remain relevant and attract the next generation of customers and members, they need to be able to offer the same cutting-edge offerings. We’re not bringing digital banking in a box but real challenger bank in a box with our cutting-edge modular banking platform.”

“We are excited to partner with Agora Services in order to enable flexible and seamless digital payment technology solutions for community banks and their ecosystems,” said Kevin Fox, Global Head of Sales for i2c. “Agora Services’ mission to expand platform banking capabilities to this segment is a terrific example of the innovation that’s possible through partnership, which in turn help both financial institutions and their consumers, alike.”

This partnership adds to Agora’s ability to provide a digital banking lab, complete with challenger bank-type services and innovative products, and it is the first of many upcoming collaborations aimed to comprehensively support community banks and credit unions.

With Agora’s most recent launch of their fully white label offerings for SMBs and teen banking, community banks and credit unions have the ability to offer a personalized banking experiences for two high-demand niches, and can create optimized tracks to fit multiple needs, all without core integration.

About Agora Services

Agora Services a Mastercard Start Path, ICBA ThinkTech and INV Fintech Accelerator company offers financial institutions a robust and customizable cloud-based offering that enables banking customers to create new banking products. For more information, visit

About i2c Inc.

i2c is a global provider of highly-configurable payment and open banking solutions. Using i2c’s proprietary “building block” technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c’s next-generation technology supports millions of users in more than 200 countries/territories and across all time zones. For more information, visit and follow us at @i2cinc.


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