FintechOS has raised $28 mn in combined equity and debt financing as it expands its US operations and invests further in its AI-native financial services platform.
Existing investors Bek Ventures and IFC participated in the financing. Cipio Partners and Molten Ventures also joined the round. Santander CIB provided a senior debt facility as part of the transaction.
FintechOS plans to use the funding to build a larger operating base in the US, deepen its European customer portfolio and expand the delivery organization supporting its AI-native platform. The company markets its technology as an agentic platform for Unified Product Operations across banks, insurers and other financial services firms in the US and Europe.
The financing follows a first half of 2026 in which FintechOS reported reaching profitability. Recurring revenue rose 40% year over year during the period, according to the company, with US revenue growth reaching 130%.
FintechOS also said operational EBITDA increased by more than 102% year over year. Higher gross margins have given the company more room to fund expansion without slowing its current growth rate.
The company expects 2026 to produce a record number of new customer wins. More than 20 additional financial institutions worldwide are expected to adopt FintechOS 8, its AI-native platform, during the year.
CFO Cyril Desouza said profitability followed a multiyear effort to reshape FintechOS’s cost base and margins before increasing growth spending again. He said the company had already moved back toward faster growth after reaching profitability, creating the financial position needed to raise the latest round.
Founder and CEO Teo Blidarus said the company intends to pursue growth without giving up the financial discipline behind its move into profitability. He described Santander CIB’s participation, together with support from existing investors, as backing for FintechOS’s strategy, with the US receiving much of the new investment.
The US has become FintechOS’s fastest-growing market over the past year. After recording 130% year-over-year growth there, the company now plans a larger commercial push across the country.
FintechOS is adding US-based directors to its board and plans to appoint a new chairman. The appointments will support the next stage of regional expansion and work with strategic partners.
Management is targeting more than 200% year-over-year US growth during the next 12 months. Its US strategy also includes a partnership with Finxact, part of Fiserv, one of the country’s largest providers of banking infrastructure and payments technology. FintechOS already works with Finastra Phoenix, another banking technology provider.
Those relationships give FintechOS access to a wider group of banks and credit unions. Current customers include ESL Federal Credit Union and Vibrant Credit Union. Hanscom Federal Credit Union also uses the platform, alongside Farmers Bank of Willards. MHG Insurance is another client.
Europe remains a major part of the company’s business. FintechOS is adding customers in the UK while continuing relationships with large banking and insurance groups across the region.
Its European customer roster includes BRD Groupe Société Générale and Admiral. CEC Bank and Howden also work with FintechOS. Other customers include Bankinter and Groupama.
FintechOS is also changing how it deploys its software for financial institutions. Its AI-native model gives nontechnical employees access to Dex, the platform’s AI copilot. Users configure financial products and offers through Dex alongside the wider Unified Product Operations software.
The company is pairing this product model with a new forward-deployed delivery practice. Client-facing pods will work directly with financial institution product teams instead of relying on a more distant implementation structure.
Each pod includes a forward-deployed technical consultant paired with a forward-deployed engineer. Their job is to configure products with customers and move them onto FintechOS faster.
FintechOS designed the model to reduce implementation work for clients and shorten the time required to bring financial products to market. The company also expects the approach to reduce total ownership costs by transferring more of the platform’s automation into the deployment process.
The delivery practice will expand alongside FintechOS’s US leadership team. Management expects the structure to turn faster product configuration inside its AI-native platform into shorter deployment cycles for banks and insurers using FintechOS 8.
