Omnio, a specialist in Banking-as-a-Service, has launched a EUR30 million funding round led by pan-European venture fund GrayBella Capital

Omnio is a fast-growth pre-IPO banking infrastructure leader based in London, England.

Omnio builds on its pioneering Banking-as-a-Service offering, with the growth of Sercle, its credit union platform that serves 135 small financial institutions and over 1.5 million members of its credit union and bank customers. Leading FinTech’s such as NIVO and Credit Kudos trust Omnio’s platform to deliver their products and demonstrate continued confidence in the Omnio business model.

Building on this foundation Omnio supports smaller financial institutions and non-regulated enterprises with its proven Banking-as-a-Service model, which manages the complexity of ‘banking’ operations and regulation. Omnio is delivering a modular end-to-end solution that supports the accounts of record all the way through to regulatory reporting and compliance.

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Source: Private Equity Wire