Oper

About Oper

Oper is a Belgian-Swiss fintech company founded in 2018 by Geert Van Kerckhoven (CEO), Nick Van Berckelaer (CTO), and Wouter Lachat (CPO) to digitize the European mortgage market. The founders' backgrounds in lending, digital engineering, and consulting at EY, combined with their personal experiences of securing mortgages, drove them to create a technology-driven solution for the traditionally paper-based industry. The company's mission is to make financing a home a seamless and transparent journey for borrowers, lenders, and brokers.

Oper provides a white-label, end-to-end Software-as-a-Service (SaaS) platform for financial institutions and banks to digitize their mortgage processes. The platform covers the entire mortgage origination lifecycle, from pre-application affordability calculators and online applications to document management, automated verification, and closing. By using 'smart data' and AI-powered tools, Oper helps lenders increase conversion rates, improve operational efficiency, and reduce the time it takes to approve a loan. For borrowers, this translates to a faster, more transparent, and less stressful experience. The company's technology is designed to be integrated into a bank's existing IT landscape and supports a hybrid strategy, combining digital self-service with personal advisory.

Operating on a B2B subscription model, Oper serves lenders, mortgage brokers, and credit analysts across Europe. The company has established a significant presence in Belgium and Switzerland and is expanding into markets including Germany, France, Austria, the Czech Republic, and Slovakia. By July 2022, Oper had processed approximately €1 billion in mortgage loans and had seen its monthly recurring revenue grow eightfold in the preceding year. The company has secured €11 million in a Series A funding round led by Bessemer Venture Partners and ABN AMRO Ventures, with participation from existing investors like Techstars, Pitchdrive, and Verve Ventures. This funding is aimed at further product development, R&D in AI, recruitment, and international expansion.