6 years ago

Omnio Secures €15 Million to Expand Cloud-Based Digital Banking Platform

  • Omnio, a London-based fintech startup, has raised €15 million through a private placement

  • The company provides cloud-based digital banking and payment solutions for businesses and aims to expand its reach globally

  • The funds will be used for sales force expansion, compliance and risk management, product optimization, working capital, and a pending acquisition

  • Omnio plans to raise a total of €25 million by January 2020.

    • ProblemFinancial Services

      "Traditional banks are slow, expensive, and inflexible, making it difficult for businesses to access the financial services they need."

      Solution

      "Omnio provides a cloud-based digital banking platform that offers banking-grade financial services at a lower cost and with greater flexibility than traditional banks."

      Covered on