Thursday, May 30, 2024

Romanian startup FintechOS, a low-code platform to help banks and insurance companies compete with neobanks, raised a $60M Series B+, after raising $60M in 2021 (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch:
Romanian startup FintechOS, a low-code platform to help banks and insurance companies compete with neobanks, raised a $60M Series B+, after raising $60M in 2021  —  Over the years, fintech startups, particularly neobanks, have thrown a cat among the pigeons in banking and finance by building whole new banking software stacks.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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