NPM Capital acquired 35% stake in Ohpen from Amerborgh.

NPM Capital, which supplies risk capital to medium to large-sized Benelux companies, acquired 35% stake in Ohpen, the first SaaS core banking engine in the world that runs entirely in the cloud, from Amerborgh, first and long-time investor. Financial terms were not disclosed. Ohpen is the world’s first cloud native core banking provider and became a market leader in the Dutch midsize banking market over the past few years. In the near future, Ohpen will extend its services to large banks and the pension market. “The technology sector is an increasingly important focus point in our investment portfolio. Already, we have had Ohpen in sight as one of the most promising technology companies that we have seen in the past few years. We are impressed with their achievements over the past ten years: a cloud native core banking engine, an impressive customer base and a wonderful foundation for further growth. We are very enthusiastic about now being part of their future.” Rutger Ruigrok, NPM Capital, managing director.