Five Degrees

Five Degrees

Cloud-native core banking technology provider that supports real banks to meet today's standards. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€88—132m (Dealroom.co estimates Dec 2020.)
Company register number 30265026
Amsterdam North Holland (HQ), Iceland (founding location)
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DateInvestorsAmountRound
N/A

$2.6m

Angel

$6.5m

Series A
N/A

N/A

Early VC
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€10.0m

Early VC

€22.0m

Late VC
*

N/A

Acquisition
Total Funding€40.3m

Recent News about Five Degrees

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More about Five Degreesinfo icon
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Five Degrees Solutions B.V. offers a cloud-native core banking platform designed to help traditional banks modernize their operations and meet contemporary standards. The platform's flexible and open architecture allows banks to quickly respond to changing customer demands, regulatory requirements, and technological advancements. Five Degrees serves retail and SME banks, providing solutions that streamline processes, enhance customer satisfaction, and reduce operational costs through increased automation and data gathering. The company operates in the financial technology sector, focusing on core banking transformation. Its business model revolves around offering software-as-a-service (SaaS) solutions, generating revenue through subscription fees and service contracts.

Keywords: cloud-native, core banking, financial technology, SME lending, retail banking, automation, data gathering, SaaS, regulatory compliance, customer-centric.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Five Degrees

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Libra Soft
ACQUISITION by Five Degrees Jul 2018