Aura Cloud builds core banking software for banks, lenders and fintech companies. Its cloud platform lets customers configure deposit accounts, issue cards, process payments and manage consumer and business loans. Its APIs let institutions connect existing systems or launch new products alongside their current banking software. Swedish lender Wästgöta Finans used Aura to connect loan brokers and automate parts of its credit process. Aura Cloud also develops AuraCrew, which helps financial institutions use AI agents for tasks such as customer onboarding and credit assessment while keeping a record of each action for human review.
Aura Cloud’s Bengaluru engineering team works on software that banks and lenders use around the clock. Core banking roles combine Java and Angular with practical questions about how loans, accounts and payments work. On the AuraCrew team, engineers tackle a different problem: how to let an AI agent assist with a credit decision while making its actions traceable and giving a human reviewer control. The company also has measurable commercial traction. Main Capital Partners reported 97% annual revenue growth in its 2026 Nordic software ranking.
Programming language
Frontend framework
Programming language
Programming language
Backend framework
Frontend library
Relational database
Cloud infrastructure
Generative AI platform
Serverless computing
Infrastructure as code
Observability
Bhagwat founded Aura Cloud in Stockholm in 2019 after more than 20 years developing and operating banking technology for established banks and new entrants. He led the development of its cloud banking platform and serves as CEO. He studied at the University of Madras.
Rudrappa leads product marketing, sales strategy and revenue operations for Aura Cloud’s AI platform. He has 15 years of experience growing enterprise software, fintech and AI businesses.
Elzén leads customer success at Aura Cloud. She has 20 years of experience across technology, consulting and commercial roles, including more than a decade leading technology change in banking and other enterprises.
Lassila leads partnerships and market expansion. He previously held senior sales, marketing and partnership roles at SEB, American Express, Luottokunta and Visa.
Holm brings payments and card industry experience to the board. His background spans international financial companies and entrepreneurial businesses in the Nordic region.
Esbjörnsson has more than 30 years of experience in financial services and IT. He has led changes to business-critical systems for banks and technology service providers.
Coppola leads fintech investments at Wellstreet, an Aura Cloud investor. Before joining Wellstreet, he built financial products and sales teams at Avanza Bank and Nordnet Bank.
Main Capital Partners
Aura Cloud placed first in the ranking’s Highest Growth category. Main Capital Partners reported that the company’s revenue grew 97% over the preceding year.
Read articleNordic Fintech Magazine
Ahead of Stockholm Fintech Week, Aura Cloud introduced BankingCrew, a platform that coordinates AI agents for business onboarding, credit assessment and risk management. It records each action and passes decisions to human reviewers at defined points.
Read articleNordic Fintech Magazine
The partnership lets banks using Aura’s platform estimate the carbon footprint of customer transactions and display those estimates in their existing digital banking channels.
Read articleAuracloudBengaluru, India
AuracloudBengaluru, India
AuracloudBengaluru, India
AuracloudBengaluru, India
AuracloudBengaluru, India
