Core10

About Core10

Core10, established in 2016 and headquartered in Franklin, Tennessee, provides specialized technology products and services for the financial sector. The company was founded by Lee Farabaugh and Jeff Martin. Farabaugh, who serves as a Co-Founder and board member, took on the role of president for the company's Monarch division. Before her current role, she managed the company's sales and marketing efforts. Core10's business model is centered on its 'Hereshore' approach, utilizing a North American-based team to offer competitive and secure software development and integration services.

The company's offerings target community banks, credit unions, and other fintech firms, aiming to facilitate their digital transformation. Revenue is generated through its diverse product and service lines. A significant milestone for the company was the acquisition of Accrue Technologies in October 2021, which enhanced its digital lending and account opening capabilities. Core10 has secured a total of $12.5 million in funding over two rounds, with the latest Series B round in January 2023 raising $6.5 million, led by Patriot Financial Partners.

Core10's product portfolio includes the Accrue platform, an omnichannel solution for digital lending and deposit account opening for both consumer and commercial clients. Accrue is designed to integrate with existing core banking systems and third-party fintech applications, automating workflows and aiming to reduce the time for loan funding and account opening. Another key offering was the Mesh middleware platform, an Integration-Platform-as-a-Service (iPaaS) that connects a bank's core systems with its technology ecosystem. In April 2025, the Mesh platform was acquired by Trabian Technology, Inc. Additionally, Core10 operates Monarch, a division that provides specialized software implementation, consulting, and managed support services for private capital markets and B2B SaaS platforms.