FintechOS Raises USD60M in Series B Funding
Summary
FintechOS, a London, UK-based global technology provider for banks, insurers and other financial services companies, raised USD60m (€51m) in Series B funding. The company intends to use the funds to expand operations and business reach to target financial institutions in Asia-Pacific, Middle East and Africa, and North America. FintechOS also plans to use the funds to expand its core systems capabilities in banking and insurance, strengthening the low-code self-service proposition and personalization through AI and machine learning in customer journeys and product and services offerings. The tech integrates with existing IT systems and low code tools quickly empower organizations to design personalized customer experiences. These capabilities free customers to tailor products, services, and interactions to a segment of one, increase ROI and decrease time-to-market.