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FintechOS' mission is to transform how people engage with the everyday services they need.
FintechOS’s opportunity has been to target traditional banks and insurance companies that have been slowly watching as newer players in insurance like Lemonade, and a plethora of challenger banks like Revolut and Monzo, have swept in and picked up customers especially among younger demographics, while they have been unable to respond mostly because their infrastructure is too old and big.
FintechOS’s low-code platform allows older players in the market to adapt, matching the speed and flexibility of young fintech startups with personalised products and services, in a shorter time than usual. Facial recognition, quicker financial acceptance and open banking are made possible by FintechOS on everyday devices like mobiles, watches and tablets.
The main challenge for FintechOS and the whole industry is to enable the speedy and broad transformation of digital financial services by all financial institutions, leaders and challengers alike, in both advanced and developing markets, with a focus on integrating the whole financial life of the broadest categories of clients.
The company is active in the UK and Europe, where it has been growing at a CAGR of 200%. Some of its key customers include the likes of banking giants Societe Generale and IdeaBank, and international insurance brokers Howden. Its plan is to continue investing in those markets, as well as expanding internationally.
Kirsty
Company Specialist at Welcome to the Jungle
May 2024
$58.4m
SERIES B
Jan 2022
$15m
SERIES B
This company has top investors
Teo Blidarus
(CEO)Previously Vice President (and later President) at ANIS Romania and Founder at Softelligence.
Sergiu Negut
(EVP, Board Member)Previously Project Manager Business Development at Amgen GmbH, Transformation Partner at Wanted Transformation Consultancy, Associate Partner at Intermedicas Worldwide, Partner at Softelligence Romania and Partner at 2Performant.