Breaking-Finance.Com - Dutch core banking vendor Five Degrees has raised €22 million to launch a new cloud-native banking platform. The new funding round, led by Velocity Capital FinTech Ventures, and supported by existing investors Reggeborgh and Atlas Invest, represents the company's largest capital raise to date.

. The firm, which claims over 20 top bank clients - including ABN Amro, TD Bank, Van Lanschot and KNAB - says it is currently in discussions with several launch customers.

Source = Breaking-Finance.Com

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