Molten Ventures, a prominent venture capital firm specialising in high-growth technology businesses, has led a $60m Series B+ funding round in FintechOS, a leading end-to-end financial product management platform.
The extension of the Series B funding round comes as FintechOS celebrates notable business milestones, including a 40% year-over-year growth and a reported 170% increase in operating margins. The investment round saw participation from new investors Cipio Partners and BlackRock, alongside existing investors EarlyBird VC, OTB VC, and Gapminder VC.
FintechOS is renowned for its next-generation financial product management solutions, enabling core modernisation and driving innovation within the financial services industry. The company has achieved over 300% growth in its insurance division, onboarding significant clients such as Admiral and Howden.
FintechOS co-founder and CEO Teo Blidarus said, “Securing this investment is a testament to the confidence our investors have in our vision and execution. Our rapid growth and operational improvements reflect the demand for our next-generation financial product management solutions. We are revolutionizing the financial services industry by providing technology that enables core modernization and drives innovation.”
Vinoth Jayakumar, partner at Molten Ventures, said, “FintechOS is at the forefront of transforming financial services through innovative technology. Its track record with major banks and insurers demonstrates a rare ability to drive significant change within these organisations. We are excited to support its continued growth and success.”
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