Ohpen, a Dutch FinTech company providing cloud-based core-banking software successfully closed a €25 million Series C round. Private equity firm Amerborgh led the latest round as a returning investor, bringing Ohpen’s total equity funding to €40M to date. Ohpen plans to use the funding proceeds to expand operations in a third market, preferably Germany, France, Canada, Australia or the United States of America.
It was in July last year that Ohpen raised €15M Series B investment at a valuation of €100 million. The company is one of the fastest growing FinTech startups from the Dutch Fintech space. It has secured long-term outsourcing agreement with SNS Bank N.V. The company will also deliver cloud-based BPO banking solutions to ASN Bank, BLG Wonen, RegioBank, and SNS.