FintechOS raises $14M Series A for global expansion

FintechOS announced it has raised $14 million in a Series A round led by Earlybird’s Digital East Fund and OTB Ventures, with participation from existing investors Gapminder Ventures and Launchub.

Established in 2017, FintechOS helps traditional banks and insurance companies launch data-driven, hyper-personalized digital products and services in weeks; offering both multi-cloud SaaS deployments, helping client’s transition to the cloud, and on-premises deployments, working seamlessly alongside the existing technology infrastructure.

Currently a team of ~90, the company offers more than 150 integrated sources of data out-of-the-box – from social and contextual to cloud and enterprise systems – and more than 20 automated financial processes for AI-enabled areas like KYC, Customer 360, pricing or risk analytics. Banks and insurance companies can also access a marketplace with more than 50 open source, ready-made apps for client onboarding, lending, savings, insurance, pensions and wealth management.

“Our disruptive approach is customer, not technology driven. We created FintechOS to transform the financial industry, empowering banks and insurance companies to act and react faster and to create a smarter, slicker customer experience. As a result, hyper-personalised services and elevated customer experiences are now available almost plug and play.” – Teodor Blidarus, CEO and Cofounder of FintechOS.

Bottom Line:  The company has customers in more than 20 countries and plans to expand to South East Asia and the US.