LONDON, June 30, 2020 /PRNewswire/ – FintechOS, a global provider of technology for the digital transformation of banks and insurance companies, is this year’s FinTech Startup hottest according to the Europas Awards – launched in 2009 by the Techcrunch editor Mike Butcher to recognize emerging innovation from Europe’s startup scene. The awards were announced live on June 25 during an online event.
The decision panel judges include a diverse range of European technology founders, investors and journalists.
According to the judges, FintechOS is the most prominent FinTech Startup in Europe for “helping banks and insurers accelerate digital transformation and build complete digital products in weeks instead of months. In 24 months, FintechOS has included more than 40 financial services clients from around the world.”
Teodor Blidarus, CEO of FintechOS, stated: “It is an honor that some of the world’s most prestigious specialists include FintechOS on their short list of the most innovative financial and technology companies. We have worked hard last year, especially during the pandemic. , to drive our technology and deploy comprehensive hyper-personalized customer digital trips for banks and insurers with unprecedented speed. This recognition makes us proud, but also modest at the same time. We are committed to further increasing the added value we provide. to customers, partners and the financial services ecosystem in general.”
FintechOS has consolidated its growth by increasing its revenues from year to year by 300% in the first quarter compared to the first quarter of 2019, doubling the number of new clients compared to the 6 months prior to the COVID-19 pandemic. The company is currently involving more than 20 projects deploying digital transformation solutions for banks and insurance in the UK, Central and Eastern Europe, Southeast Asia and North America.
In recent months, during confinement, the demand for solutions for FintechOS has increased considerably, especially those designed to support online integration, establish virtual branches and online help through remote video and joint search. FintechO’s native cloud technology is designed to enable rapid and targeted deployment, greatly reducing launch time.
“Beyond 2020, every financial services developer, from leaders to challengers, should seek to offer digital financial services that integrate the entire financial life of the most diverse categories of clients. Whether they are in an advanced or emerging market, the industry must act and react quickly. FintechOS ‘objective is to accelerate this transformation, helping banks, insurers and other organizations to achieve a better service for their clients anywhere and at all times, “ explained Sergiu Negut , co- founder of FintechOS.
FintechOS is ranked among the best-funded VC tech companies in Europe, according to a report released by CB Insights. In December, FintechOS secured €12.7 million from a Series A investment.