TLDR:
– Molten Ventures leads a $60 million Series B+ funding round in FintechOS.
– FintechOS experiences significant growth and an increase in operating margins.
Molten Ventures, a leading venture capital firm, has led a $60 million Series B+ funding round in FintechOS, a financial product management platform. This funding round extension comes as FintechOS celebrates substantial business achievements, including a 40% year-over-year growth and a reported 170% increase in operating margins. The investment from Molten Ventures, along with new investors Cipio Partners and BlackRock, as well as existing investors, highlights confidence in FintechOS’s vision and execution.
Teo Blidarus, Co-Founder and CEO of FintechOS, expressed gratitude for the investor support, stating that their rapid growth and operational improvements reflect the demand for their next-generation financial product management solutions. FintechOS has reported over 300% growth in its insurance division and has onboarded key customers such as Admiral and Howden.
Molten Ventures’ Partner, Vinoth Jayakumar, praised FintechOS for its innovative technology and ability to drive significant change in the financial services industry. He expressed excitement in supporting FintechOS’s continued growth and success. With this new round of funding, FintechOS aims to continue revolutionizing the financial services sector by providing technology that enables core modernization and drives innovation.
