2 years ago

Omnio Secures €12 Million in Funding for Strategic Growth

  • Omnio, a London, UK-based Banking-as-a-Service company, has raised €12 million in funding

  • Opentech participated in the round along with existing backers

  • The company intends to use the funds to complete strategic plans, which include the imminent merger with Nordiska and Swiss Bankers

  • Following the merger, the group intends to list its shares on a recognised stock exchange within the next 12 months.

      • ProblemFinancial Services

      "Many banks and corporates struggle to offer retail financial products to consumer brands and financial institutions due to complexity and regulatory requirements."

      Solution

      "Omnio provides a cloud-based banking-as-a-service platform that manages the complexity of offering retail financial products, supporting accounts, regulatory reporting, and compliance."

      Covered on