BaaS provider Omnio raises EUR 30 mln

Wednesday 24 March 2021 14:13 CET | News

Omnio, a Banking-as-a-Service provider, has announced a EUR 30 million funding led by pan-European venture fund GrayBella Capital.

Omnio supports smaller financial institutions and non-regulated enterprises with its Banking-as-a-Service model, which manages ‘banking’ operations and regulation.

Omnio is delivering a solution that supports the accounts of record through regulatory reporting and compliance. It means that smaller financial institutions can compete with the bigger banks, and non-banks can deliver financial services embedded in their ecosystem or in parts.  

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: funding, BaaS, financial institutions, regulation, banks
Categories: Banking & Fintech
Countries: Europe
This article is part of category

Banking & Fintech

Industry Events