FintechOS raises $60 million

FintechOS, an end-to-end financial product management platform, announced the successful completion of a $60 million Series B+ investment round led by Molten Ventures, Cipio Partners, and BlackRock, alongside existing investors EarlyBird VC, OTB VC, and Gapminder VC.

Established in 2017, FintechOS helps banks and insurance companies add new products and features without replacing their core systems. The company, which serves over 50 clients, is on track to break-even in 2024 and has picked up several insurance clients including Admiral and Howden.

“Securing this investment is a testament to the confidence our investors have in our vision and execution. Our rapid growth and operational improvements reflect the demand for our next-generation financial product management solutions. We are revolutionizing the financial services industry by providing technology that enables core modernization and drives innovation.” – Teo Blidarus, Co-Founder and CEO of FintechOS.

“FintechOS is at the forefront of transforming financial services through innovative technology. Its track record with major banks and insurers demonstrates a rare ability to drive significant change within these organisations. We are excited to support its continued growth and success.” – Vinoth Jayakumar, Partner at Molten Ventures.