- Five Degrees secured an investment of € 22 million in a funding round led by Velocity Capital FinTech Ventures
- The investment support Five Degrees in launching their entirely new, cloud-native core banking platform
- With a modular architecture, the new cloud-native offering uses microservices to deploy core banking solutions for accounts
- Five Degrees’ specialist core banking technology offers an innovative alternative to the largely outdated product systems
- These solutions reflect decade of experience and learnings from serving banks in Europe and North America
- Five Degrees geared to help banks reap the benefits of cloud-native technology
