https://techcrunch.com/2021/04/20/fintechos-nabs-61-5m-for-a-low-code-approach-to-modernizing-legacy-banking-and-insurance-services/

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access, and usually competitively priced — than those typically provided their bigger, incumbent rivals. Now, a startup out of Romania that is building tools to help the incumbents respond with better services of their own is announcing a significant round of funding as its business grows.

FintechOS, which has built a low-code platform aimed at larger (older) banking and insurance companies to help them build new services and analytics on top of and around their existing infrastructure, has picked up €51 million ($61.5 million at today’s rates).