“Can a cloud-native, modular core banking platform become the infrastructure layer of choice for mid-market European banks and fintechs seeking digital transformation without the complexity of building in-house?”
Five Degrees is a Dutch cloud-native core banking technology provider that sells modular banking infrastructure (accounts, lending, payments, integration/orchestration) to mid-sized and larger banks and fintechs across Europe. Its °neo platform serves as the SaaS core banking layer, integrating best-in-class fintech partners — including Salt Edge for open banking and Fourthline for KYC/AML — to deliver end-to-end digital banking capabilities without requiring clients to build from scratch. The company partners with established banks such as TD Bank, Argenta, Brand New Day, and KNAB.
Five Degrees moves money over SWIFT, SEPA and Faster Payments.
Five Degrees connects to bank accounts through Salt Edge.
The Embedded Finance Index 2026 maps 3 layers in Five Degrees's stack: Money movement (SWIFT, SEPA and Faster Payments); Lending (Loan disbursement (via °neo payment gateway)); Open banking (Salt Edge).
Five Degrees is headquartered in Netherlands.
Get a read on where your own stack stands against Five Degrees and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.