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FintechOS secures $60m in Series B+ funding round

By Gloria Methri

May 30, 2024

  • Blackrock
  • Cipio Partners
  • Core Banking Modernization
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FintechOS, Series B+, FinTech, UKFintechOS, an end-to-end financial product management platform, has completed a $60 million Series B+ investment round. This round was led by Molten Ventures, Cipio Partners, and BlackRock, alongside existing investors EarlyBird VC, OTB VC, and Gapminder VC.

“Securing this investment is a testament to the confidence our investors have in our vision and execution,” said Teo Blidarus, Co-Founder and CEO of FintechOS. “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.” 

Since its last funding round, FintechOS has experienced more than 300% growth, onboarding key customers such as Société Générale, Admiral, Benenden Health, Avant Money and Vibrant Credit Union in the banking and insurance sectors across the US, UK, Continental Europe, and APAC. This exponential growth highlights the global demand for FintechOS’s solutions. 

FintechOS is at the forefront of transforming financial services through innovative technology,” said Vinoth Jayakumar, Partner at Molten Ventures. “Its track record with major banks and insurers demonstrates a rare ability to drive significant change within these organisations. We are excited to support its continued growth and success.”  

FintechOS’s growth trajectory is a clear indicator of their potential,” added Roland Dennert, Managing Partner at Cipio Partners. “We are delighted to be part of this journey and look forward to seeing the transformative impact they will make in the financial services sector. Their commitment to modernization and innovation aligns perfectly with our investment strategy.”

This funding round reinforces FintechOS’s position and validates its approach to core modernization through next-generation financial product management. The company said it remains committed to empowering financial institutions to innovate and thrive in a rapidly evolving landscape. 

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