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."