, an innovator in听banking-as-a-service, has closed a 拢26 million funding round led by pan-European venture fund听GrayBella听Capital.听听
The听high-growth banking infrastructure听firm听based in London听has appointed听J枚rgen Durban as chairman as it听targets听an IPO in the near term.听
It听says it will听pursue听an听organic听pan-European growth strategy including selected acquisitions in its core markets.听
Omnio‘s听white-label service transforms retail banking, empowering听smaller financial institutions, including credit unions and building societies,听to compete with their larger, tech-enabled rivals.听
It also allows听large brand–driven corporations听to deliver state-of-the art financial and loyalty products as part of their digital ecosystem.听听
It听currently serves 135 credit unions, with over 1.5 million members and multiple European banks with ambitions to attract millions of account holders over the next three years.听听
Its non-regulated customer portfolio includes leading brand names in travel and retail sectors.听
Durban听said: 鈥淚 am very excited to join听Omnio听at this pivotal moment, as听翱尘苍颈辞鈥檚听international roll-out and public listing plans propel it into a different league.听听
鈥�With the company鈥檚 strong sales pipeline and an excellent product set, that has been adopted by some of the leading brands in retail and finance, the future is bright for exponential growth. I am proud to be supporting the company on its last mile to the IPO.鈥�听
Adrian Cannon, CEO of听Omnio,听said:听鈥淭he success of this funding round underpins听翱尘苍颈辞鈥檚听ability to deliver its mission and puts it on a path to being a powerful force in the market.听听
鈥�This investment allows听Omnio听to grow quickly towards its goals and is a key stepping-stone to a listing that will provide the resources needed to scale quickly across the whole of Europe.鈥�听