FintechOS said it raised $14 million (GBP 10.7) in Series A funding led by Earlybird's Digital East Fund and OTB Ventures to expand its digital banking technology into new markets, including continental Europe, Southeast Asia and the U.S. 

Existing investors Gapminder and Launchup are also participating in the funding round. 

The company provides banks and insurance companies the ability to provide digital products, like risk analytics, know-your-customer authentication and other products that can be implemented within a few months rather than years. The firm also offers open source apps for lending, saving, insurance, customer onboarding and other functions. 

"FintechOS is a pioneer in a booming market, with a vision to transform the way financial institutions react to market and regulatory changes," Dan Lupu, partner at Earlybird, said in a company release from FintechOS. 

Cover image: FintechOS.