About Five Degrees
Five Degrees is a Financial Services company based in Amsterdam (Netherlands) founded in 2010 by Marianne Tijssen, Bjorn Holmthorsson, and Martijn Hohmann, and was acquired by Topicus in March 2023. Cloud-enabled core banking solutions are provided for banks and institutions. Five Degrees has raised $37.38 million across 2 funding rounds from investors including Total Specific Solutions, Topicus.com and Velocity Capital Fintech Ventures. Five Degrees has completed 1 acquisition, including LibraSoft. Its chief executive, as recorded, is Martijn Hohmann. Five Degrees offers products and services including Digital Lending, Loan Origination, Mortgages Calculation Engine, Global Trading, and Core Banking. Its focus areas include FinTech, Banking Tech and Core Banking Platforms. Its competitors include Ohpen and Backbase; 2 of its 2 listed competitors have raised funding.
Company details
Five Degrees was founded in 2010 in Amsterdam, Netherlands, within the fintech sector. Cloud-enabled core banking platforms are offered to banks and financial institutions. The Matrix suite is included, with Matrix mid used for platform orchestration, Matrix accounts applied for configurable banking operations, and Matrix lending leasing employed for lending, leasing, and third-party debt management. Mortgage lending, transactional accounts, and related services are supported across operations.
- Headquarters Amsterdam, Netherlands
- Founders Marianne Tijssen, Bjorn Holmthorsson, Martijn Hohmann
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fivedegrees.com
- Social LinkedIn X Facebook
- Acquired by Topicus (Mar 2023)
- Total Equity Funding$37.38M (USD)
in 2 rounds
- Latest Funding Round$26.79M (USD), Series B
Dec 2020
- InvestorsTotal Specific Solutions
& 6 more
- Investments & Acquisitions
- Acquired byTopicus
(Mar 2023)
Products & Services of Five Degrees
Five Degrees offers a comprehensive portfolio of products and services, including Digital Lending, Loan Origination, Mortgages Calculation Engine, Global Trading, and Core Banking.
Simplifies end-to-end lending processes for efficiency and innovation.
Automates loan processes with real-time data for faster approvals.
Streamlines mortgage lifecycle with automated compliance tools.
Enables real-time trading and regulatory compliance for portfolios.
Provides scalable accounts and foreign exchange management.
Funding Insights of Five Degrees
Five Degrees has successfully raised a total of $37.38M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $26.79 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $37.38M
- Total Rounds 2
- Last Round Series B — $26.79M
- First Round $10.59M
(Nov 2016)
- Investors Count 5
All 2 funding rounds of Five Degrees with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $26.79M | Series B | – | Velocity Capital Fintech Ventures | |
| Nov 2016 | $10.59M | Series A | – | Karmijn Kapitaal |
7 investors in total: 7 institutional.
Investors in Five Degrees
Five Degrees has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Total Specific Solutions, Topicus.com and Velocity Capital Fintech Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fintech companies are funded by Velocity Capital Fintech Ventures. | velocityfintech.com | Bussum, Netherlands | ||
A private investment company focused on the energy sector. | atlasinvest.be | |||
Karmijn Kapitaal is engaged in private equity investments for Dutch SMEs. | 2010 | karmijnkapitaal.nl | Amsterdam, Netherlands | |
Investments are made by 5square in Benelux tech companies. | 5square.nl | Laren, Netherlands | ||
Reggeborgh operates as an international investment firm in Europe, UK, and North America. | 1997 | reggeborgh.nl | Rijssen, Netherlands | |
Acquisitions are targeted by this private equity firm in Europe. | 2008 | totalspecificsolutions.com | Nieuwegein, Netherlands | |
Digital learning tools for educators are provided by Topicus. | 1998 | topicus.com | Deventer, Netherlands |
Investor details for Five Degrees
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- Complete investor list
- Round participation
- Investor portfolios
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People of Five Degrees
3 people are tracked at Five Degrees (3 in leadership).
| Name | Role | Group |
|---|---|---|
Marianne Tijssen | Co-Founder & COO | Leadership |
Bjorn Holmthorsson | Co-Founder & CTO | Leadership |
Martijn Hohmann | Co-Founder & CEO | Leadership |
Complete people profiles for Five Degrees
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Investments & Acquisitions by Five Degrees
Five Degrees has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LibraSoft.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial services are provided by Libra in Iceland. | librasoft.is | Kopavogur, Iceland | 2002 | Jul 2018 | •••• |
Complete acquisition details for Five Degrees
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Timeline of Five Degrees
Competitors of Five Degrees
Five Degrees has 2 listed competitors in our database, 2 of them funded. They include Ohpen and Backbase.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ohpen.com | 2008 | Amsterdam, Netherlands | $48.16M | Developer of cloud-based core banking platform for retail mutual funds and savings accounts | ||
| backbase.com | 2003 | Amsterdam, Netherlands | $128.51M | 2,000 | AI-powered banking platforms are provided for operational growth. |
Detailed competitors of Five Degrees
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Related news about Five Degrees
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Frequently Asked Questions about Five Degrees
Five Degrees was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Five Degrees is headquartered in Amsterdam, Netherlands.
Martijn Hohmann is the CEO of Five Degrees, as recorded in our data. They have also founded this company.
Five Degrees is a funded company, having raised a total of $37.38M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10.59M, raised on Nov 2016.
Five Degrees was founded in 2010 in Amsterdam, Netherlands, within the fintech sector. Cloud-enabled core banking platforms are offered to banks and financial institutions. The Matrix suite is included, with Matrix mid used for platform orchestration, Matrix accounts applied for configurable banking operations, and Matrix lending leasing employed for lending, leasing, and third-party debt management. Mortgage lending, transactional accounts, and related services are supported across operations.
Five Degrees offers Digital Lending, Loan Origination, Mortgages Calculation Engine, Global Trading, and Core Banking.
Five Degrees has made 1 acquisition, including LibraSoft.
Five Degrees has 7 investors. Key investors include Total Specific Solutions, Topicus.com, Velocity Capital Fintech Ventures, Reggeborgh, and AtlasInvest.
Yes. Five Degrees was acquired by Topicus in March 2023.