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Finxact vs Refact

Finxact logo

Finxact

Technology

Cloud native core banking, sold as Finxact from Fiserv since the 2022 acquisition

From
On request
Free plan
No
Full reviewWebsite
Refact logo

Refact

Developer Tools

Autonomous AI coding agent for development tasks

From
Free
Free plan
Yes
Full reviewWebsite

The short version

  • Only Refact has a free tier, so it costs nothing to try first.
  • Each has a real cost: Finxact fiserv sells several core platforms, so a buyer should demand written investment and support commitments for Finxact specifically rather than trusting that the surviving brand implies a protected roadmap.; Refact requires configuration for optimal performance
  • They diverge on capability: Finxact covers Cloud native core, Refact covers Autonomous agent workflows.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Finxact and Refact actually diverge.

Attributes where Finxact and Refact differ
AttributeFinxactRefact
Starting priceOn requestFree
Pricing modelquoteFreemium with paid tiers
Free tierNoYes
PlatformsWeb, API, CloudVS Code, Web
CategoryTechnologyDeveloper Tools
FoundedUnknown2023

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Finxact

  • Cloud native core
  • Real time posting
  • Configurable product definitions
  • Fiserv ecosystem access
  • Embedded banking support
  • Open API model
  • Multi tenant deployment
  • Regulatory reporting hooks

Only in Refact

  • Autonomous agent workflows
  • IDE chat
  • Real-time code completions
  • GitHub integration
  • Database integration
  • On-premise deployment
  • Multi-LLM support
  • 25+ language support

What people use each for

The jobs each tool is most often brought in to do.

Finxact

  • A United States regional bank replacing a legacy core but unwilling to take supplier viability risk on an independent challengernot Refact
  • A community bank launching an embedded banking or sponsor bank programme on modern railsnot Refact
  • An institution already running Fiserv card and payment services that wants the core on the same vendor relationshipnot Refact
  • A bank standing up a new digital brand on a clean core while leaving the existing back book in placenot Refact

Refact

  • Autonomous code generation for development tasksnot Finxact
  • End-to-end bug fixes and refactoringnot Finxact
  • Multi-language software development accelerationnot Finxact
  • Enterprise development with data privacy requirementsnot Finxact

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Finxact

  • Fiserv sells several core platforms, so a buyer should demand written investment and support commitments for Finxact specifically rather than trusting that the surviving brand implies a protected roadmap.
  • Core migration is a multi year programme where the licence is a small share of total cost against integration, data migration and parallel running.
  • Buying the core from Fiserv strengthens a relationship that already covers cards and payments, which weakens your negotiating position across the whole estate at renewal.
  • It is a United States product with United States regulatory and product assumptions, so international banks get little from it.
  • Being part of a very large vendor changes the service experience: the responsiveness that made Finxact attractive as a startup is not guaranteed inside a company of Fiserv's scale.

Refact

  • Requires configuration for optimal performance
  • On-premise deployment adds operational complexity
  • Free tier limited by daily agent request quota
  • Coin system adds complexity to cost calculation

Pricing, plan by plan

Finxact

On request
  • Finxact from Fiserv$undefined/year
    • Quoted per institution, commonly on accounts or asset size
    • Implementation and integration costs typically exceed the licence fee
    • Bundled commercially with other Fiserv services in many deals

Refact

Free
  • FreeFree
    • Limited daily agent usage
    • Unlimited completions
    • 2,000 coins for agent and chat
  • Pro$10/month
    • 40 daily agent requests
    • 64k context window
    • 10,000 coins monthly
  • Enterprise$undefined/custom
    • On-premise deployment
    • Custom coin allocation
    • Fine-tuning support

Which should you pick?

Choose Finxact if

  • You need cloud native core.
  • You work on Web, API, Cloud.
  • You also want real time posting.
Finxact review

Choose Refact if

  • You need autonomous agent workflows.
  • You want to start without paying.
  • You work on VS Code, Web.
  • You also want ide chat.
Refact review

Questions people ask

Is Finxact or Refact better?
Neither clearly leads. Finxact starts at On request and Refact at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Finxact or Refact?
Refact has a free tier; the other does not. Paid plans start at On request for Finxact and Free for Refact.
Does Finxact or Refact run on more platforms?
Finxact runs on Web, API, Cloud. Refact runs on VS Code, Web.
Can I use Refact for free?
Yes. Refact has a free tier, so you can try it without paying. Finxact starts at On request.
What is Finxact best used for?
Finxact is most often used for a united states regional bank replacing a legacy core but unwilling to take supplier viability risk on an independent challenger, a community bank launching an embedded banking or sponsor bank programme on modern rails, an institution already running fiserv card and payment services that wants the core on the same vendor relationship, a bank standing up a new digital brand on a clean core while leaving the existing back book in place. Of those, a united states regional bank replacing a legacy core but unwilling to take supplier viability risk on an independent challenger and a community bank launching an embedded banking or sponsor bank programme on modern rails are not what Refact is typically brought in for.
What can Finxact do that Refact cannot?
Finxact covers Cloud native core, Real time posting, Configurable product definitions, Fiserv ecosystem access. Refact covers Autonomous agent workflows, IDE chat, Real-time code completions, GitHub integration.

Answered from the vendors’ own pages

Finxact: Is Finxact still sold under its own name?

Yes. Fiserv acquired it in 2022 and continues to market it as Finxact from Fiserv, winning named core deals with it.

Refact: How many programming languages does Refact support?

Refact supports 25+ programming languages including Python, JavaScript, Go, Rust, Java, C++, and many others.

Source
Finxact: Is it genuinely cloud native?

Yes, API first with real time posting on public cloud, rather than a hosted version of a legacy core.

Refact: Can I deploy Refact on-premises?

Yes. Refact offers on-premise deployment options for organizations requiring complete data control and privacy.

Source
Finxact: How long is a migration?

Plan in years. Even a focused deployment is a multi year programme once integration and data migration are counted.

Refact: What LLMs does Refact support?

Refact works with multiple LLMs including Claude, GPT-4, and open-source models, giving you flexibility in model selection.

Source
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