Stablecore, a fast-rising fintech startup, has announced a successful $20 million funding round, marking a major leap forward in its mission to modernize financial infrastructure for banks and credit unions. The round was led by powerhouse investors including Norwest Venture Partners, Coinbase Ventures, Curql Collective, BankTech Ventures, Bank of Utah, EJF Ventures, and the Bankers Helping Bankers Fund. The announcement, shared by Founder Lodge: Daily Fenoms, congratulated Alex Treece, Co-Founder and CEO of Stablecore, for this milestone.

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Building the Future of Core Banking Systems

Stablecore is tackling one of the most complex challenges in fintech: modernizing the core of traditional banking. Its platform is a next-generation, cloud-native system designed to deliver speed, flexibility, and scalability for financial institutions long trapped in outdated infrastructure. With the fresh infusion of funding, Stablecore plans to expand its engineering team, strengthen its architecture, and deepen its collaboration with banks eager to accelerate their digital transformation.

For decades, banks have operated on legacy core systems - aging, rigid technologies that make innovation costly and slow. Stablecore’s modular approach provides a flexible, API-driven foundation that allows institutions to integrate new digital services, reduce costs, and enhance customer experiences without completely replacing their existing systems.

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The Founder Behind the Vision

At the center of this fintech surge is Alex Treece, whose leadership has positioned Stablecore at the forefront of infrastructure innovation. Treece’s approach merges a deep understanding of finance with Silicon Valley’s agile mindset - building not just a product, but a platform designed to evolve with market needs. His mission is to enable banks and credit unions to move with the same agility as fintech startups while maintaining the trust, compliance, and reliability customers expect.

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Backing from Leading Fintech Investors

Stablecore’s funding round drew a diverse mix of leading investors. Norwest Venture Partners, known for scaling major technology companies, played a central role. Coinbase Ventures joined, signaling the growing connection between crypto and banking infrastructure. Curql Collective, a credit union-focused fund, continued its focus on fintech solutions designed to empower cooperative institutions. The round also included BankTech Ventures, the Bank of Utah, EJF Ventures, and the Bankers Helping Bankers Fund - each representing a belief in modernizing community and regional banking through innovation.

This diverse investor network showcases how fintech infrastructure is becoming the new frontier for venture capital, where the next decade’s financial transformation will take shape.

What this funding story really underscores is a strategic insight for founders and startup builders: The biggest opportunities in fintech - and often in tech overall - don’t sit in the flashy front-end products. They live deep in the infrastructure layer, in the systems nobody wants to touch because they seem slow, complicated, or unglamorous. Stablecore’s rise is proof that the most transformative value often comes from solving the problems others avoid.

Founders tend to chase the visible layer: the app interface, the marketing, the user acquisition playbook. But real defensibility lives in the invisible layer - the one that powers everything else. Stablecore didn’t win attention by shouting louder; it earned credibility by solving structural pain points that others ignored. That approach doesn’t just attract users; it attracts investors who understand long-term value.

The company’s strategy shows how vital it is to pick the problem that actually moves the ecosystem forward. Stablecore didn’t position itself as an outsider trying to disrupt banks. Instead, it built trust by becoming a partner - bridging the old and new worlds of finance. For founders, that’s the deeper lesson: progress isn’t always about rebellion; sometimes it’s about reinforcement. Build the layer that makes the system stronger, and you’ll become indispensable.

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What Makes Stablecore Different

Stablecore’s modular architecture enables banks and credit unions to add new functionalities without dismantling their existing systems. Its API-driven design brings agility, speed, and real‐time visibility - capabilities that are now essential for any institution competing in a digital-first world. Unlike traditional banking systems that require years to upgrade, Stablecore’s platform allows for rapid product development. Financial institutions can launch new services, integrate fintech tools, and respond to regulatory changes within weeks instead of months. That agility could redefine how smaller financial institutions compete against larger players and neobanks.

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The Fintech Infrastructure Revolution: Stats You Should Know

To understand why Stablecore’s timing is so excellent, consider these industry-backed figures:

• The global core banking modernization market was estimated at around USD 16.8 billion in 2024, and is expected to grow at a compound annual growth rate (CAGR) of approximately 14.2 % from 2025 to 2033, reaching roughly USD 48.9 billion by 2033.
  
• The global core banking software market was valued at about USD 16.79 billion in 2024, projected to grow to about USD 64.96 billion by 2032, representing a CAGR of about 18.6 % over the forecast period.
  
• In 2024, six major Nigerian banks spent approximately ₦268.7 billion (~USD 171.5 million) on technology upgrades, primarily for core banking system enhancements - up 74.5% from 2023.
  
• According to another forecast, the core banking software market is expected to rise from about USD 14.47 billion in 2024 to approximately USD 50.89 billion by 2034 - implying a CAGR around 13.4 %.
  

These figures confirm that banks and financial institutions worldwide are aggressively investing in modern core systems, cloud infrastructure, open banking APIs and digital resilience. The move is not marginal - it’s a paradigm shift, and companies like Stablecore are operating right in the eye of this transformation.

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What’s Next for Stablecore

With this new funding, Stablecore plans to:

1. Scale its engineering and product teams to accelerate development.
   
2. Enhance its compliance and automation features, deepen integrations with fintech and banking partners.
   
3. Expand customer support and onboarding resources, ensuring that banks and credit unions can deploy new digital capabilities seamlessly.
   
4. Build a developer ecosystem that allows fintech startups to plug into its platform - enabling a new generation of banking applications to grow faster and more efficiently.
   

Stablecore’s long-term vision includes creating a plugin architecture that allows third-party fintechs to build on top of its infrastructure, further extending its reach and utility.

The Takeaway

Stablecore’s $20 million raise is more than a milestone - it’s a signal that the future of fintech lies beneath the surface. Infrastructure is where the next wave of disruption will happen. As Alex Treece and his team push forward, they’re not just transforming banks; they’re redefining what innovation means in finance. The startups that change the world won’t always be the loudest ones - they’ll be the ones quietly rebuilding the foundation everyone else stands on.