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Mambu: Raises €235 million at €4.9 billion valuation in EQT Growth-led Series E

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
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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