five°degrees

five°degrees is a cloud-native core banking technology provider that supports real banks to meet today's standards. Through their core banking platform, clients rely on a banking-grade SaaS platform that unites extensive experience working with world-class financial institutions. Founded by bankers in 2010, five°degrees quickly gained traction with their launching customer KNAB, becoming the first challenger bank in Europe in 2012. The company has since expanded its reach, with over 40 banks in Europe and North America now utilizing their technology. In 2018, five°degrees broadened its product suite by acquiring Libra EHF, the market leader in lending technology in Iceland. Headquartered in The Netherlands, with over 150 colleagues working from offices in Amsterdam, Reykjavik, Lisbon, and Novi Sad, five°degrees has made significant strides in the Finance, Financial Services, Fintech, Information Technology, and Banking industries. The company's €22.00M Venture Round investment at 17 December 2020 attracted support from a diverse group of investors, including Velocity Capital Fintech Ventures, Karmijn Kapitaal, 5square Committed Capital, Reggeborgh, and AtlasInvest. With a mission to liberate banks and enable them to focus on what is most important, five°degrees is poised to continue delivering the best core banking experience with an open and flexible platform that operates as a service, providing the carefree value that banks need to thrive.