five°degrees logo — Digitally transform with your trusted core banking provider....

five°degrees

Digitally transform with your trusted core banking provider.

Founded 2010 The Netherlands The Netherlands 64 employees Acquired Total: $41.12M Finance, Financial Services +4

General Information

Company Name five°degrees
Founded Year 2010
Location The Netherlands The Netherlands +3
Founders / Decision Makers
Team member Team member Team member
Employees 64
Industries Finance, Financial Services, Fintech +3
Funding Stage Acquired
Social

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About five°degrees

five°degrees offers a cloud-native core banking technology aimed at enabling banks to digitally transform and meet modern standards. Known for its banking-grade SaaS platform, the company builds on its founders' banking expertise to cater to financial institutions in Western Europe, the United States, and Canada.

Having founded in 2010, five°degrees became a pivotal player by powering KNAB, Europe's first challenger bank. It operates from offices in Amsterdam, Reykjavik, and Lisbon with a team of over 80 innovators driving the brand's mission: to "liberate banks" by offering a platform that keeps banks in control while focusing on core business strategies.

As of May 2022, the company's capabilities were recognized by Topicus, a market-leading software provider, which acquired them, signaling confidence in their growth trajectory and core solutions. five°degrees offers a compelling proposition for institutions looking to adapt swiftly and seize new opportunities in an evolving financial landscape.

Taxonomy: Core Banking Technology, Cloud-Native Solutions, Banking-grade SaaS, Digital Banking Platform, Fintech Solutions, Challenger Bank Solutions, Automated Banking Services, BPM Banking Solution, Open Banking Platform, Legacy System Integration, Financial Institutions Solutions, Matrix Platform, Banking Innovation, Banking Infrastructure Support, Digital Transformation

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 May 2023
Late Vc •••••• 5
Investor Investor Investor Investor
•••• ••••
01 Dec 2020
Early VC •••••• 3
Investor Investor
•••• ••••
01 Nov 2016
Early VC •••••• - 01 May 2013
Series A •••••• 1
Investor
01 Jun 2011

View All 6 Funding Rounds

five°degrees Alternatives & Competitors

five°degrees vs
Thought Machine
Thought Machine United Kingdom

Thought Machine builds the Vault platform: cloud-native core banking and payments technology.

Corporate
531 employees
Enterprise Software, Financial Services
five°degrees vs
FinOS
FinOS United States

The Cloud Core Banking Platform Trailblazing Banks & Fintechs

Seed
46 employees
Financial Services, Fintech

FAQ About five°degrees

Digitally transform with your trusted core banking provider.
five°degrees was founded in 2010.
five°degrees is headquartered in The Netherlands.
five°degrees operates in the following industries: Finance, Financial Services, Fintech, IT, Information Technology, Banking.
five°degrees has approximately 64 employees.
five°degrees has completed 6 funding rounds, raising a total of $41.12M. The latest funding stage is Acquired.
Top alternatives and competitors to five°degrees include Agora (Financial Technologies formerly Agora Services), Thought Machine, FinOS, Ditto Services, BANKSOFT Banking Technologies Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
five°degrees and Agora (Financial Technologies formerly Agora Services) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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