FintechOS secured $60 mn in a Series B+ funding led by Molten Venture

FintechOS, a financial product management platform, has secured $60 mn in a Series B+ funding round.

The investment was led by Molten Venture, Cipio Partners, and BlackRock, with participation from existing investors EarlyBird VC, OTB VC, and Gapminder VC.

FintechOS is an advanced financial product management platform designed to assist large banking and insurance companies in modernizing their services and infrastructure.

FintechOS leverages a low-code platform that allows these financial institutions to build new services and enhance their analytics capabilities without overhauling their existing systems.

Teo Blidarus, Co-Founder and CEO of FintechOS

Securing this investment in insurtech is a testament to the confidence our investors have in our vision and execution

Teo Blidarus, Co-Founder and CEO of FintechOS

FintechOS aims to help these companies retain customers and prevent losses to newer insurtechs or challenger banks.

This growth demonstrates a strong global demand for their solutions. The company offers a low-code platform for large banking and insurance firms, helping them develop new services and analytics on their existing systems.

FintechOS tracks record with major banks and insurers demonstrates an ability to drive significant change within these organisations

Vinoth Jayakumar, Partner at Molten Venture

FintechOS’s rapid expansion and operational enhancements meet the need for advanced financial product management. The company drives innovation in financial services by enabling core modernization through its technology.

Low-Code Platform allows financial institutions to quickly and efficiently develop and deploy new financial products and services.

The low-code approach reduces the need for extensive coding and IT resources, making it easier to implement changes and improvements.

FintechOS helps traditional companies retain their customer base by providing tools that enhance the customer experience and offer competitive services, thus preventing loss to newer insurtech firms and challenger banks.

Since its last funding round in 2021, FintechOS has experienced significant growth, over 300%, and has onboarded notable clients such as Société Générale, Admiral, Benenden Health, Avant Money, and Vibrant Credit Union.

Peter Sonner   by Peter Sonner