Fresh Off Reaching Profitability, FintechOS Secures €26.5M to Fuel US Expansion

Romanian‑founded FintechOS has closed a €26.5 million (roughly $28 million) financing package of combined equity and senior debt to accelerate its expansion in the United States and consolidate growth across Europe. The round includes equity from existing backers Bek Ventures, IFC, Cipio Partners and Molten Ventures, and a senior debt facility provided by Santander CIB, bringing the London‑headquartered company’s total funding to nearly €170 million since its 2017 founding.

"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," said Cyril Desouza, Chief Financial Officer at FintechOS.

Strategic mix of debt and equity as company pivots back to growth

FintechOS reported it reached profitability in the first half of 2026 after an extended period of capital efficiency that included a $60 million Series B+ in 2024. The company said recurring revenue grew 40 percent year‑on‑year and operational EBITDA rose by more than 102 percent during the period. Management framed the financing as a deliberate choice to combine non‑dilutive debt with selective equity to fund a renewed growth push now that the business generates profit.

• New capital: €26.5M / $28M in combined equity and debt
• Equity backers: Bek Ventures, IFC, Cipio Partners, Molten Ventures
• Debt provider: Santander CIB (senior debt facility)
• Total funding since 2017: nearly €170M

The US market is the principal engine behind FintechOS’s 2026 performance, delivering 130 percent growth over the past year. Leadership has set an aggressive target of more than 200 percent year‑on‑year growth in the US over the next 12 months and is reorganising governance in the region by installing a new US board and appointing a new chairman to steer strategic partnerships.

Technology strategy: AI layer over legacy cores and embedded delivery pods

FintechOS positions itself as an "AI‑native technology layer" that sits on top of aging core banking systems to help banks and insurers launch products faster without full core replacements. The company is deepening integrations with core providers such as Finxact (part of Fiserv) and Finastra Phoenix to tap into a large pool of bank and credit union clients.

Product delivery is being reshaped around the FintechOS 8 platform, which includes an AI copilot named Dex designed to let non‑technical users configure financial products. To accelerate implementations and reduce total cost of ownership, FintechOS is deploying "forward‑deployed" agile client pods — small teams pairing a technical consultant and an engineer directly with a client's product team to shorten time to market.

"Growth and profitability go hand in hand, not at the expense of one another," said Teo Blidarus, Founder and CEO of FintechOS, stressing that investor support—including Santander CIB’s facility—enables the firm to chase US opportunity without losing the discipline that achieved profitability.

Outlook

While the US is targeted for rapid scale, FintechOS is also consolidating European traction with new customers in the UK and expanded relationships with systemic organisations including BRD Groupe Société Générale, Admiral, CEC Bank and Bankinter. The company expects more than 20 new financial institutions to adopt its platform by the end of 2026 and will showcase its model and roadmap at the FintechOS Elevate '26 executive conference in London this October.