Built from the ground up to run entirely in the cloud, Ohpen’s core banking SaaS is targeting any large financial services provider that administrates retail investment and savings accounts. These include online savings banks, asset managers, retail banks, insurance companies, and pension providers, with the likes of Aegon, and The Volksbank named as clients. The premise is that via a modern technology stack and reliable cloud-hosting, and a revenue model that charges per user and therefore has predictable costs, Ohpen’s clients can focus on the front-end experience and brand differentiation rather than dealing with legacy systems and keeping the servers spinning.

https://techcrunch.com/2017/07/05/ohpen-a-cloud-based-core-banking-provider-scores-e15m-series-b-at-e100m-valuation/