Dutch fintech scaleup Ohpen has incorporated FYNN Advice, a consultancy that advises financial institutions on the implementation of core banking systems. FYNN’s consultants will become a part of Ohpen’s implementation department. According to a press statement issued today, this move will strengthen Ohpen’s international growth capacity.
Pieter Aartsen and Rogier van Arkel, Managing Partners at FYNN Advice, will remain at Ohpen after the ‘acquihire’. Aartsen will also join the company’s board. He will be responsible for activities in the Dutch market. Van Arkel will become Chief Delivery Officer.
Exceed customer expectations
Ohpen founder and CEO, Chris Zadeh, states: “We know the team at FYNN Advice very well, and have the same DNA. This has been the basis of our collaboration. Both our teams want to exceed customer expectations. Our people define our business, having the same core values was an essential driver for this acquisition.”
Pieter Aartsen: “Bringing our team’s expertise to Ohpen is a great step. We have extensive knowledge of the financial services industry and the core banking systems in use. Couple this knowledge with Ohpen’s unique platform and you get a very special collaboration. I am thrilled to be part of it.”
The Amsterdam-born fintech scaleup uses its core banking engine to deliver BPO services and SaaS solutions to financial services providers, such as banks, insurance companies, and asset managers. Founded in 2009 by a team of bankers and software engineers, the Ohpen platform supports the savings and investment propositions of its clients.
The company raised a Series B round of €15M two months ago. Employing over 120 people, Ohpen has offices in the Amsterdam, London, and Barcelona.
Image: Chris Zadeh, Ohpen’s CEO.