Mambu: Raises €235 million at €4.9 billion valuation in EQT Growth-led Series E
- Mambu, a market-leading, modern SaaS banking platform announced raising €235 million in an EQT Growth-led Series E funding round
- The funding brings the company’s valuation to €4.9 billion post-money
- Accelerates and simplifies the way financial products are built and deployed by financial institutions
- The banking and securities enterprise software market is over €100 billion in size and experiencing double-digit annual growth
- Demonstrating the accelerating and widespread global need for modern banking software
- The company has signed over 40 customers in 2021 to date, with more than 55% of new customers now being won outside of Europe
