EQT Growth has led a EUR235 million Series E funding round in SaaS banking platform Mambu, the largest financing round to date for a banking software platform.
The funding brings the company’s valuation to EUR4.9 billion post money, making it one of the highest-valued B2B SaaS companies founded in Europe.
Mambu will use its fresh funding to further accelerate innovation in its next-generation platform, with the ambition of rolling out both new functional as well as technical capabilities. The company will also continue to expand its already-global footprint and customer success model to further support its international customer base which is active across 65 countries today, with specific focus on twelve key markets
Read more/Source: Private Equity Wire
