FintechOS raises $28M in equity and debt after turning profitable

Image for article FintechOS raises $28M in equity and debt after turning profitable
News Source : The Next Web

News Summary

  • FintechOS, a London-based company founded in Romania that sells AI software to banks and insurers, has raised $28M in a mix of equity and debt.
  • Existing investors Bek Ventures, IFC, Cipio Partners, and Molten Ventures put in the equity, while Santander CIB provided a senior debt facility.
  • The funds will be used to expand in the US, secure more European clients, and increase the size of the team responsible for delivering the platform.
FintechOS, a Londonbased company founded in Romania that sells AI software to banks and insurers, has raised $28M in a mix of equity and debt.

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