FintechOS Raises $28M in Equity and Debt After Reaching Profitability

The company's platform acts as a technology layer on top of existing banking and insurance systems, allowing financial institutions to configure and launch products without replacing their core systems. It serves banks, insurers and other financial services firms.

FintechOS reported reaching profitability in the first half of 2026. According to Ventureburn, recurring revenue rose 40% year-on-year during that period, while operational EBITDA climbed more than 102% year-on-year. The company expects a record number of new customers in 2026, with more than 20 financial institutions anticipated to adopt FintechOS 8 this year.

The United States is currently the company's fastest-growing market, with US revenue up 130% year-on-year in the latest reporting period. FintechOS is targeting more than 200% US growth over the next twelve months and is appointing US board directors and a new chairman to support regional expansion. Ventureburn also reported that the company's partnership with Finxact provides access to further US banking opportunities.

Cyril Desouza, chief financial officer at FintechOS, said reaching profitability was the outcome of a deliberate, multi-year effort to get its cost base, margins and delivery practice right before pushing harder on growth, according to Tech.eu.

The UK digital bank is rolling out an AI-powered assistant that lets customers make payments and manage money by voice or chat.