Announced
Completed
Financials
Tags
banking platform
Completed
Minority
Acquisition
Cross Border
Private
Friendly
Venture Capital
Private Equity
FinTech
United Kingdom
Synopsis
Draper Esprit, a venture capital firm, led a $60 Series B funding round in FintechOS, a developer of a cloud-based banking platform. Other investors include Earlybird, Gapminder Ventures, LAUNCHub Ventures, and OTB Ventures. “When we launched FintechOS in 2017, we could already see existing solutions to digital transformation would struggle to deliver tangible results. By contrast, our unique approach has quickly inspired a sea-change in how financial institutions address digitization and engage with their customers. Events over the last year have only increased pressure on our industry to evolve and as a result we’re seeing growing demand for our powerful platforms. Our latest round of funding will help us grow at the pace needed to improve outcomes for financial institutions and their customers globally," Teodor Blidarus, FintechOS Co-Founder and CEO.
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