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.