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Mambu Raises $266 Million At $5.5 Billion Valuation In Eqt Growth-Led Series E

Dec 09, 2021over 3 years ago

Amount Raised

$266 Million

Round Type

series e

Miami

Description

Mambu, a market-leading, modern SaaS banking platform, has announced raising $266 million in an EQT Growth-led Series E funding round, the largest financing round to date for a banking software platform. The funding brings the company’s valuation to $5.5 billion post money, making it one of the highest-valued B2B SaaS companies founded in Europe.

Company Information

Company

Mambu

Location

Miami, Florida, United States

About

Mambu is the world’s only true SaaS cloud banking platform. Mambu fast-tracks the design and build of nearly any type of financial product for banks, lenders, fintechs, retailers, telcos and more. Our unique composable approach means that independent components, systems and connectors can be configured any way our customers require to meet their customer’s needs. Founded in 2011, Mambu has 800 employees​ and ​200 customers globally, including N26, OakNorth, Tandem, ABN AMRO, Bank Islam, BancoEstado, League Data and Orange Bank. More info: www.mambu.com

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech