Fineos Corporation Holdings (ASX:FCL) just recently announced that it intends to raise a total of A$40 million.

According to the reports, the company is looking forward to reporting its FY232 with a total revenue of EUR 125.0 million.

In addition, Fineos Corporation Holdings seems to have an intention of offering a non-underwritten security purchase plan which will help them raise up to an additional A$5 million.

For the FY24, Fineos Corporation Holdings, anticipates a total revenue in the range of EUR 131-135 million.

Fineos Corp Holdings is a renowned global software company providing core systems for life, accident and health insurance carriers.