In a fully packed Google Campus in London, the Fintech50 2014 were announced on Thursday night 24 January.
Out of over 280 companies, 50 companies were selected that were judged to be innovators in the financial services domain, either because of disruptive technology or because of disruptive innovation in existing processes.
Five Degrees are proudly on the list because of the game changing core banking technology of its Matrix platform.
Martijn Hohmann, CEO states: “Being on the Fintech50 list is a massive compliment as it clearly positions us as an innovator and challenger with the aim to invigorate banking”.
When we founded our company three years ago, we set out to be a challenger in the core banking technology space with a radical new vision: building state-of-the-art technology that would support financial institutions with pure customer-centricity at the heart of our ‘engine’. This means for example providing channel access (from the customer perspective), rather than bank-driven cross-channel integration.
With our new pure SOA technology this can be done and we have seen an adoption of our product in the front and mid office of banks enabling true customer dialogue. This year we launch an equally agile alternative for the product and admin functionality, commonly known as the ‘back office’.