Tagged: ohpen

November 7, 2024 @ 9:20 am By JD Alois  |  

The Bank of England has cut benchmark rates by 0.25 basis points (bps) to 4.75%. The move was largely expected by markets. The Bank shared that its Monetary Policy Committee (MPC) voted 8–1 to reduce the rates, with one member voting to hold the rate… Read More

October 31, 2024 @ 11:47 am By JD Alois  |  

Yesterday, the UK government revealed its new budget and the changes being made to cover a deficit while attempting to fuel economic growth. While the punditry will be digesting the statement from the Chancellor of the Exchequer, Rachel Reeves, for days, CI has received a… Read More

December 15, 2020 @ 8:52 pm By Omar Faridi  |  

The Fintech sector has been growing rapidly across the globe, especially following the COVID-19 outbreak which has accelerated the shift towards digital financial services. Although the Coronavirus crisis has negatively impacted certain business sectors in Europe like travel and the hospitality industry, the European Fintech… Read More

September 8, 2020 @ 11:32 am By Samantha Hurst  |  

Ohpen, an Amsterdam-based fintech, announced on Tuesday it has acquired cross-border loan and mortgage Software-as-a-Service (SaaS) provider, Davinci. Ohpen reported that the acquisition will allow it to address the $300 billion global bank IT spending market as it targets international expansion. “This acquisition is a testament… Read More

April 19, 2019 @ 2:13 pm By Samantha Hurst  |  

Dutch private equity firm NPM Capital announced on Thursday it has acquired 35% stake in fintech startup Ohpen. Founded in 2009, Open revealed that its mission is to develop the “best” core banking engine in the world. “Built by former bankers to administer retail investment and… Read More