FintechOS has raised $28 million in combined equity and debt financing as the financial technology company accelerates expansion of its AI-native platform for banks, insurers and other financial services organizations across the United States and Europe.
The financing comes from FintechOS’ existing shareholder base, including Bek Ventures, IFC, Cipio Partners and Molten Ventures, alongside a senior debt facility from Santander CIB.
FintechOS plans to use the capital to further establish its U.S. expansion platform, deepen its European customer portfolio and scale the delivery organization supporting its AI-native technology.
The financing follows a strong first half of 2026 in which FintechOS reached profitability while recurring revenue increased 40% year over year.
Growth was particularly strong in the United States, where revenue increased 130% year over year.
Operational EBITDA increased by more than 102% year over year, supported by improving gross margins that FintechOS said are allowing the business to finance its next phase of expansion without sacrificing financial discipline.
The company expects 2026 to produce a record number of new customers, with more than 20 additional financial institutions worldwide expected to adopt FintechOS 8, its AI-native platform.
FintechOS is now targeting more than 200% year-over-year growth in the U.S. over the next 12 months as it builds on the momentum generated during the first half of the year.
The company is also strengthening its U.S. board leadership, including the appointment of a new chairman, to support expansion and the development of additional strategic partnerships.
FintechOS has been growing its presence in the American financial services market through partnerships with major banking technology providers.
Its strategic partnership with Finxact, part of Fiserv, gives FintechOS access to banks and credit unions operating on one of the industry’s major core banking platforms.
The company also maintains a partnership with Finastra Phoenix.
Existing customers include ESL Federal Credit Union, Vibrant Credit Union, Hanscom Federal Credit Union, Farmers Bank of Willards and MHG Insurance.
Europe remains another important part of the company’s strategy.
FintechOS is consolidating its position across banking and insurance markets while adding customers in the U.K. and maintaining relationships with financial institutions including BRD Groupe Société Générale, Admiral, CEC Bank, Howden, Bankinter and Groupama.
FintechOS describes itself as an agentic platform for Unified Product Operations.
The company’s technology is designed to give banks and insurers a single operational layer spanning the lifecycle of a financial product, including design, launch, pricing, origination and servicing.
Rather than requiring financial institutions to replace all of their existing core technology, FintechOS aims to reduce fragmentation across systems and processes while allowing organizations to introduce and manage products more quickly.
Artificial intelligence has become increasingly important to that strategy.
FintechOS 8 includes Dex, an AI copilot that allows non-technical users to configure financial products and offers directly within the platform.
The company believes that capability can shift more product development and configuration work toward business teams instead of requiring every change to move through traditional engineering and implementation processes.
FintechOS is also changing how it deploys its software for customers.
The company is introducing a forward-deployed delivery model built around small client-facing teams that include a technical consultant and an engineer.
Rather than operating through a more distant implementation structure, these teams will work directly with customers’ product organizations to configure and launch products on FintechOS.
The model is intended to reduce implementation times, improve operating efficiency and lower total cost of ownership while translating the speed of FintechOS’ AI-native platform into faster deployment for customers.
The approach resembles the forward-deployed engineering models increasingly used by enterprise AI companies, where technical employees work closely with customers to adapt software to specific operational requirements.
For banks and insurers, that could be particularly useful because financial products frequently need to accommodate complex regulatory requirements, legacy technology and highly customized internal workflows.
FintechOS’ latest financing therefore arrives as the company moves from restructuring and profitability toward another period of accelerated expansion.
Management said reaching profitability resulted from a multiyear effort to improve costs, margins and delivery operations before increasing growth investment.
With profitability established and U.S. revenue expanding rapidly, FintechOS is now using the new capital to pursue growth without reversing those operational improvements.
The company’s next major showcase will be FintechOS Elevate ’26, its flagship executive conference scheduled for October 14, 2026, in London.
The invite-only event is expected to bring together approximately 250 financial services leaders focused on using AI to improve product innovation, customer experiences and operational efficiency.
The combination of $28 million in new capital, profitability, 40% recurring revenue growth and 130% U.S. growth gives FintechOS additional resources as it seeks to make its AI-native product operations platform a larger part of the technology infrastructure used by banks and insurers.
KEY QUOTES:
“Reaching profitability was not an accident, it was the outcome of a deliberate, multi-year effort to get our cost base, our margins and our delivery practice right before we pushed harder on growth again. Now that discipline is paying off twice over: the business has reached profitability, and we’ve already made the shift back into high growth, which is exactly the combination that lets us take on a round like this one.”
Cyril Desouza, CFO of FintechOS
“Growth and profitability go hand in hand, not at the expense of one another. Santander CIB’s support, alongside other investors that trust us, is a strong vote of confidence in the path we’re on, and it gives us the capital to go after the extraordinary potential we see ahead, particularly in the US, without compromising the discipline that got us to profitability in the first place.”
Teo Blidarus, Founder and CEO of FintechOS
