FintechOS raises US$60m in Series B funding round

FintechOS, the global technology provider for banks, insurers and fintech companies, has raised $60m in its latest, Series B funding drive.

Investors leading the round included Draper Esprit, Early Bird, Gapminder Ventures, Launchub and OTB Ventures.

The raised capital will be used to expand the technology company’s global expansion strategy and accelerate growth beyond the 200% CAGR that has been achieved to date.

The expansion plan will primarily and initially target FintechOS’s position in the UK and Europe.

Further expansion will also be carried out in Asia-Pacific, Middle East, Africa and North American markets. New offices will also be established in Dubai, USA and Singapore, and 120 new staff will be onboarded.

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Source: FintechOS raises US$60m in series B funding round | Technology & AI | Fintech Magazine