FintechOS, established in 2017, is a next-generation financial and insurance product management platform. The company's AI-driven composable product engine seamlessly integrates with banks' and insurers' existing technology stacks. It provides powerful, low-code capabilities that enable rapid innovation without the need to replace core systems. This allows clients to swiftly create, onboard, distribute, and manage financial products. With a focus on compliance and next-generation decision-making, FintechOS aids financial institutions in delivering personalized, data-driven experiences while reducing the risks and costs associated with traditional tech transformations. The company boasts over 50 clients worldwide, including notable names such as Groupe Société Générale, Howden Group, and Admiral Group. These clients use FintechOS to modernize core infrastructure, expand into new markets, and embrace new business models without enduring lengthy implementations or risky migrations of core systems. FintechOS operates within the realms of AI, Enterprise Software, Financial Services, Fintech, Information Technology, and Insurtech, with its headquarters located in the United Kingdom. In its latest Series B funding round on 30 May 2024, FintechOS secured a significant investment of $60.00M. This funding was provided by a consortium of investors including Earlybird, Molten Ventures, BlackRock, Cipio Partners, Gapminder Ventures, and OTB Ventures. These developments position FintechOS as a leading player in the financial and insurance technology space, with the potential for further global expansion and technological innovation.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $60.00M | 6 | 30 May 2024 | |
Series B | $15.00M | 1 | 01 Jan 2022 | |
Series B | €50.00M | 6 | LAUNCHub Ventures | 20 Apr 2021 |
Series B | Unknown | 2 | Bossanova Investimentos | 01 Oct 2020 |
Series A | $14.00M | 4 | LAUNCHub Ventures | 10 Dec 2019 |
Romanian FintechOS secures $60M for banking software