Tech

Oneiro Solutions secures £ 1.1m investment in seed led by Graham Murphy – UK technology investment news

Oneiro Solutionsa London-based fintech platform that digitizes and automates the
complex syndicated loan maintenance process, ends its initial funding round with
1.1 million pounds raised.

Launched in July 2021 by Chris Papathanassi, Oneiro Solutions brings a land-
open a new way to serve syndicated loans. Its entirely cloud-based
DLX platform, borrowers, lenders and agents have access to all their related deals
real-time data as well as self-service capability.

Users have visibility into the status of their loan advances and other life cycle events,
allowing complete transparency of the administrative process, also offering a
level of customization that previous systems lacked.

DLX combines all of these elements and provides a fully automated service. Move the
operating model for banks and service providers from being guided by user inputs
handle only by exception. This frees up a significant amount of time, improves dramatically
customer experience and significantly reduces costs.

Prior to founding Oneiro Solutions, Chris spent 15 years in the banking and technology industry
industry, working for NatWest bank which administers large scale syndicated loans and for
leading software provider Finastra, as the leading market leader in sales
syndicated loan software.

The round was led by Graham Murphy, founder and former CEO of
Remote Diagnostic Technologies (RDT), Graham has successfully sold
RDT at Philips Healthcare in 2018 providing a significant return for
investors.

“Since I sold RDT I have evaluated six companies for potential investments and Oneiro
Solutions is the first one I’ve invested in, “said Graham.” It was an easy decision as the
business has strong founders with the right experience and excellent business
proposition. I was also happy to introduce Oneiro to my network of investors, not something
I do it lightly “.

With the funds, Chris and George Druncea (CTO of Oneiro Solutions) will scale the
business and expand the offer to large financial institutions. At the signature of
A first customer of Oneiro Solutions, this investment round offers the opportunity to strengthen
this success and continue in its mission to revolutionize the traditionally complex
syndicated loan management process.

Chris is delighted to close the funding round and outlines his plans for the next phase
Oneiro Solutions.

“I am extremely passionate about bringing breakthrough innovation that will help
solve the challenges that have existed in this sector for decades. This funding will help us
to accelerate the development of our platform and deliver on our promise to lead to
retail experience in the world of syndicated lending.
“For too long, the industry has suffered from legacy technology which is difficult to obtain
to implement, slow and expensive to adapt and difficult to integrate – and we’re here to do it
change it! “

-END-

Press contact for Oneiro Solutions

Liam Pitt, [email protected] 07515 056 437

About Oneiro Solutions:
Oneiro Solutions is an entirely cloud-based solution for syndicated loan service
processes. Consisting of a digital dashboard, which allows access to Borrowers, Agents
and Financiers, simplifies the operation, keeping every part aware of every phase of the operation
loan travel.

Designed for ease and peace of mind, Oneiro Solutions
reinvent the administrative process with next generation technology.
Agents can serve customers to the highest standards with a
first platform, which also includes:
● Self-service capability for both borrowers and lenders
● A collaborative approach to managing transactions.
https://www.oneirosolutions.com/

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Oneiro Solutions secures £ 1.1m investment in seed led by Graham Murphy – UK technology investment news

Source link Oneiro Solutions secures £ 1.1m investment in seed led by Graham Murphy – UK technology investment news

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