FintechOS Revolutionizes Financial Services with $60 Million Investment

May 31, 2024, 3:30 am
FintechOS
FintechOS
DataFinTechInsurTechPersonalPlatformProductServiceSoftwareTechnologyTools
Location: United Kingdom, England, Westminster
Employees: 201-500
Founded date: 2017
Total raised: $212.6M
FintechOS, a leading financial product management platform, secures $60 million in Series B+ funding to drive core systems modernization and global expansion.

FintechOS, a game-changer in the financial services industry, has just secured a whopping $60 million in Series B+ funding. This investment, led by Molten Ventures, Cipio Partners, and BlackRock, along with existing investors EarlyBird VC, OTB VC, and Gapminder VC, is a testament to the company's vision and execution.

Founded in 2017, FintechOS has been on a rapid growth trajectory, with a 40% year-over-year growth and a 170% increase in operating margins. The company is on track to achieve break-even in 2024, showcasing its robust business model and innovative approach.

With a focus on core modernization and driving innovation, FintechOS has been making waves in the financial services sector. The company has onboarded key clients such as Société Générale, Admiral, Benenden Health, Avant Money, and Vibrant Credit Union, highlighting the global demand for its solutions.

Recognized by industry analysts like Gartner and Celent as a representative vendor in core banking, lending, and insurance technology, FintechOS is leading the charge in transforming financial institutions. Its commitment to modernization and innovation has set it apart as a market leader.

Teo Blidarus, Co-Founder and CEO of FintechOS, expressed his excitement about the investment, stating, "Our rapid growth and operational improvements reflect the demand for our next-generation financial product management solutions. We are revolutionizing the financial services industry by providing technology that enables core modernization and drives innovation."

Vinoth Jayakumar, Partner at Molten Ventures, also shared his enthusiasm for FintechOS's transformative impact, saying, "FintechOS is at the forefront of transforming financial services through innovative technology. Its track record with major banks and insurers demonstrates a rare ability to drive significant change within these organizations."

This latest funding round solidifies FintechOS's position as a market leader and paves the way for its continued growth and success. With a focus on empowering financial institutions to innovate and thrive in a rapidly evolving landscape, FintechOS is poised to revolutionize the financial services industry.

For more information about FintechOS and its innovative solutions, visit fintechos.com.