Bucharest, 13.12.2018. FintechOS was named The Fintech of the Year within the Financial Market Gala Awards organized by Finmedia group. The prestigious event enjoys the presence of the most influential figures of the banking and business communities.
In less than one year from inception, FintechOS expanded its operations on 3 continents and has reached €5Bn managed assets portfolio through clients such as ERSTE, Vienna Insurance Group, Orange Money, Hyperion Insurance Group, TBI Bank, NN or Idea Bank.
In October 2018, FintechOS becomes the first Romanian start-up to be accepted in the global accelerator program of Microsoft UK. Mixed technical and business teams from the Microsoft UK structure are involved in market positioning, business development strategy and necessary tech support infrastructure for exposing FintechOS innovation value in over 190 countries.
In November 2018, the company landed €600K investment from GapMinder VC to accelerate UK and US penetration, two of the world’s most powerful financial technology markets. The investment will also be used for the development of new disruptive financial technologies based on artificial intelligence.
“With the help of technology, financial instruments are becoming more personalized and sophisticated than ever before. However, digitization comes with large volumes of unstructured data. This complexity can be simplified only by involving artificial intelligence components and learning algorithms. It is an area where we will invest heavily in the coming years.” says Teodor Blidăruş, CEO of FintechOS.
FintechOS armors financial institutions with the necessary tools and technologies to envision, develop and launch new services, products, digital channels or customer experiences up to 10 times faster than in a traditional software development setup. The company customers also reported up to 5 times decrease in operational costs.
Following the opening of The Hague subsidiary last month to accelerate the market penetration in Benelux area, FintechOS prepares the launch of UK operations in early 2019.