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Today: October 6, 2024
May 30, 2024
1 min read

London FintechOS Secures €554M to Revolutionize Financial Systems




Article Summary

TLDR:

– FintechOS secures €55.4 million in Series B+ investment round led by Molten Ventures, Cipio Partners, and BlackRock

– Company shows significant growth with 40% year-over-year growth and 170% increase in operating margins, on track to break-even in 2024

Article Summary:

FintechOS, a leading financial product management platform, has successfully completed a €55.4 million Series B+ investment round with investors including Molten Ventures, Cipio Partners, and BlackRock. The company has shown impressive growth with a 40% year-over-year growth and a 170% increase in operating margins, on track to achieve break-even in 2024. FintechOS has experienced more than 300% growth since its last funding round and has onboarded key customers in banking and insurance sectors across various regions. The company has also received recognition from leading industry analysts in core banking, lending, and insurance technology.

The new funding round signals FintechOS’s position as a market leader in core modernization for the financial services industry. The company is committed to empowering financial institutions to innovate and thrive in a rapidly evolving landscape.


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