Ohpen

Ohpen is a Dutch fintech company specializing in cloud-native core banking platforms for financial institutions. Founded in 2009 in Amsterdam by former retail bankers and software engineers, Ohpen set out to disrupt the traditional banking software industry by delivering the world’s first fully cloud-based core banking engine. Their platform supports a broad range of financial products, including savings, investments, loans, mortgages, and pensions, and is designed for banks, insurance companies, and asset managers seeking to modernize their IT infrastructure and streamline operations.

Ohpen’s software-as-a-service (SaaS) model is modular and API-driven, enabling financial providers to create end-to-end digital banking experiences while reducing IT costs and complexity. The platform is built to be adaptable and reliable, offering a single version for all clients, which simplifies regulatory compliance and technology management across multiple markets and geographies.

The company’s use of AWS cloud infrastructure allows for rapid deployment of new features-often in three months or less-and offers clients significant cost savings compared to legacy, on-premises systems. Ohpen’s client base includes major European financial institutions, and the company has expanded internationally, with offices in the Netherlands and the UK.

As of 2024, Ohpen employs over 270 people and reported annual revenues of $180.4 million. There is no public indication that Ohpen has incorporated artificial intelligence into its platform as of now.

Keywords: cloud-native core banking, SaaS, fintech, banking software, digital transformation, modular platform, API, financial institutions, IT modernization, cost reduction, Amsterdam, AWS, savings, investments, loans, mortgages, pensions, regulatory compliance, international expansion