Are you ready for a breakthrough in core banking?
five°degrees is a cloud native core banking technology provider that supports real banks to meet today's standards. Through °neo, our core banking platform, our clients rely on a banking grade SaaS platform that unites our extensive experience working with world-class financial institutions.
five°degrees was founded by bankers in 2010. Our launching customer KNAB was based on our technology to become the first challenger bank in Europe in 2012. Soon incumbent banks throughout Western Europe, the United States and Canada also chose five°degrees as their digital banking technology provider. In 2018, five°degrees added lending to its product suite by the acquisition of Libra EHF, the market leader in lending technology in Iceland. Today, over 40 banks in Europe and North America use our technology. With over 150 colleagues working from our offices in Amsterdam, Reykjavik, Lisbon and Novi Sad.
Our mission is to liberate banks.
Experience the freedom to focus on what is most important to you. At all times you want to be in full control of your business while being able to move fast and respond effectively to opportunities and new realities. At five°degrees we are devoted to delivering the best core banking experience with an open and flexible platform that literally runs as a service in the back, delivering the carefree value you need.
Be the best bank you can be.
five°degrees is a cloud native core banking technology provider that supports real banks to meet today's standards. Through °neo, our core banking platform, our clients rely on a banking grade SaaS platform that unites our extensive experience working with world-class financial institutions.
five°degrees was founded by bankers in 2010. Our launching customer KNAB was based on our technology to become the first challenger bank in Europe in 2012. Soon incumbent banks throughout Western Europe, the United States and Canada also chose five°degrees as their digital banking technology provider. In 2018, five°degrees added lending to its product suite by the acquisition of Libra EHF, the market leader in lending technology in Iceland. Today, over 40 banks in Europe and North America use our technology. With over 150 colleagues working from our offices in Amsterdam, Reykjavik, Lisbon and Novi Sad.
Our mission is to liberate banks.
Experience the freedom to focus on what is most important to you. At all times you want to be in full control of your business while being able to move fast and respond effectively to opportunities and new realities. At five°degrees we are devoted to delivering the best core banking experience with an open and flexible platform that literally runs as a service in the back, delivering the carefree value you need.
Be the best bank you can be.
Location: Netherlands, North Holland, Amsterdam
Employees: 51-200
Phone: +31 88 008 6400
Total raised: $27M
Founded date: 2010
Investors 2
| Date | Name | Website |
| 10.07.2021 | Velocity C... | velocityfi... |
| - | 5square | 5square.nl |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 18.12.2020 | - | $27M | Velocity C... |
Mentions in press and media 6
| Date | Title | Description |
| 22.05.2024 | Iceland's legacy banks face being "disrupted into oblivion" unless embrace fintechs, says top fintech boss | Iceland’s legacy banks face being “disrupted into oblivion’ unless they embrace digital change and work with the country’s fintechs, according to a leading Icelandic fintech professional. Gunnlaugur Jónsson, the CEO of Reykjavik Fintech Clu... |
| 07.06.2023 | Five Degrees acquired by Topicus | Deventer 17th May 2023, Total Specific Solutions (TSS) and Topicus, both part of Topicus.com Inc, have successfully completed the acquisition of cloud core banking provider Five Degrees Holding B.V. Five Degrees’ former Libra/Matrix Lending... |
| 18.12.2020 | Netherlands based Core Banking Platform Five Degrees Secures €22 Million in Capital | Netherlands-based core banking platform Five Degrees has acquired €22 million in capital through an investment round that was led by Velocity Capital Fintech Ventures. Reggeborgh and Atlas Invest also took part in the round. Karmijn Kapitaa... |
| - | Brand New Day adopts five°degrees’ new core banking platform °neo | Amsterdam, 24 June 2021 – Five Degrees announces Brand New Day as the newest client for °neo, its recently unveiled new cloud-native core banking platform. The Dutch online pension bank selects °neo as their banking platform to fuel a renew... |
| - | five°degrees announces Swishfund as a new client | Fintech Swishfund was founded in 2016 and provides direct lending products to SME businesses in the Netherlands and the United Kingdom. Swishfund will migrate its existing customer base onto °neo, as it focuses on further expanding its busi... |
| - | Franx chooses Five Degrees’ core banking platform °neo | Amsterdam, 2 September 2021 – Franx, the global trading platform initiative of ABN AMRO, migrates to °neo. Aiming at maximum convenience for their clients to support their international businesses, the core technology will be provided by Fi... |