Maximum
Category: AI in Fintech
Maximum is building an AI-native operating system for banks to replace legacy core banking infrastructure with a real-time, agentic AI platform. Maximum was founded in 2026. The company is led by Randy Fernando. Based in Miami, Florida, United States. Team size: 11-50. Total funding raised: $30M. Latest round: Seed. Key investors include CRV, Pear VC, Restive, Plug and Play Ventures, Anthemis Group.
- Founded
- 2026
- Headquarters
- Miami, Florida, United States
- Team size
- 11-50
- Total funding
- $30M
Value proposition
An AI-native operating system for banks that replaces fragmented, decades-old legacy core infrastructure with a real-time platform where AI is embedded at the foundational level, enabling banks to build and deploy custom AI agents to automate complex operational workflows, gain real-time visibility, and deliver innovative financial products.
Products and solutions
AI-native bank operating system covering: Core Banking, Payments, Cards, Risk & Operations, Digital, Developer platform, Lending, and Wealth management — all with AI embedded at the foundational layer. Banks can build custom AI agents for compliance (e.g., automated OFAC/SAR screening), fraud detection, reconciliation, and product personalization.
Unique value
Unlike legacy cores (Fiserv, Jack Henry, FIS) that run on overnight batch processing and bolt AI on top, Maximum is built AI-native from the ground up — a real-time control plane where AI agents can read, act, and audit continuously rather than working from yesterday's data. Also unlike modern core challengers (Thought Machine, Mambu) that add AI as a layer, Maximum embeds AI into the data model and event stream from inception.
Target customer
Community and regional banks in the US (initially larger community/regional banks, with plans to serve banks of all sizes over time)
Industries served
Banking / Financial Services
Technology advantage
AI-native architecture (not AI bolted onto legacy cores); real-time continuous processing vs. overnight batch cycles; unified ledger enabling AI agents to read and act on current data; built-in agentic AI framework for custom agent deployment; security-first design for AI-era threats; migration engine for full core replacement (not sidecar).
How they differentiate
Architecturally AI-native from day one (not AI layered on legacy); real-time continuous processing vs. batch; full-stack operating system (not just core ledger); deliberate one-bank-at-a-time full migration strategy (no bespoke partial implementations); founder with two prior fintech exits (Vault→Acorns, Power→Marqeta).
Main competitors
Fiserv (incumbent, ~42% US bank core market share), Jack Henry (~21% market share), Thought Machine (modern cloud-native core banking platform)
Major milestones
August 2026: Emerged from stealth with $30M Seed round led by CRV (one of largest fintech seed rounds), Built in stealth for about a year before public launch (per founder), Founder's prior exits: Vault→Acorns (2017), Power Finance→Marqeta for $275M cash (2023)
Market positioning
Challenger positioning against the "Big Three" legacy core providers (Fiserv, Jack Henry, FIS) that control ~72% of US bank core market. Differentiates as AI-native vs. AI-enhanced. Targets community and regional banks underserved by incumbents' innovation pace. Backed by top-tier VC with founder's proven fintech exit track record.
Geographic focus
United States (initially community and regional banks)
About Randy Fernando
Founder & CEO of Power Finance (sold to Marqeta for $275M in 2023); Founder of Vault Investing (sold to Acorns in 2017); Head of Product at Acorns; VP of Credit Products at Marqeta (2023-2025)
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Official website: https://maximum.com