Summary of FintechOS Raises $60M in Series B+ Funding

TLDR:

• FintechOS, a London-based financial product management platform, raised $60M in Series B funding.
• The round was led by Molten Ventures, with participation from Cipio Partners, and BlackRock, as well as existing investors.

FintechOS, a London-based provider of an end-to-end financial product management platform, has raised $60 million in Series B funding. The round was led by Molten Ventures and saw participation from Cipio Partners, BlackRock, and existing investors EarlyBird VC, OTB VC, and Gapminder VC. The company plans to use the funds to expand operations and further develop its platform. FintechOS, led by CEO Teo Blidarus, offers a platform that allows banks, insurers, and other financial institutions to enhance their core business systems with flexible capabilities that address the entire product lifecycle. The platform also provides employees with tools for defining, distributing, subscribing, servicing, and analyzing the performance of financial products. With over 50 clients worldwide, including Société Générale, FintechOS helps organizations modernize infrastructure, expand into new markets, and adapt to new business models such as embedded finance without the need for lengthy implementations or risky migrations of core systems.