Ohpen Raises 25M in Series C Funding

Funding Rounds

▤ Summary

Ohpen, an Amsterdam, The Netherlands-based provider of SaaS cloud-based core banking solutions, closed a €25m Series C financing round.Private equity firm Amerborgh made the investment, which brings the total amount raised by the company to $40m.Ohpen will use the funds to build a team in the third-party market and further develop the platform with country-specific requirements.The company is studying potential countries for its third party base and has identified Germany, France, Canada, Australia and the United States of America as candidates.Founded in 2009 by Chris Zadeh, founder, Ohpen leverages its banking software to provide outsourcing services and SaaS solutions to financial service providers, such as banks, insurance companies and asset managers.

$ Funding

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Amount - Total raised
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Date February 5, 2018 Announcement date
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Investors Ohpen Lead investors
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Company http://www.ohpen.com Funded company

▥ Classifications

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◇ AskAI Classifications

Labels
Core Banking Software FinTech Software Cloud Software

▦ Linked Companies

Ohpen
$10M to $25M