Search Results for "Acton Capital"
2 results for "Acton Capital"
Deals 2
Mambu Raises €110M Series D at €1.7B Valuation for Cloud BaaS Platform
Berlin-based BaaS platform Mambu raised €110 million (~$135 million) in a Series D round led by TCV, valuing the company at approximately €1.7 billion. The funding will support expansion into Japan, Brazil, and the US as the company reported 100% year-over-year growth in 2020. Mambu's SaaS platform enables banks and fintechs to launch and manage banking products via APIs.
SaaS Banking Platform Mambu Raises €30M in Series C
Mambu, a SaaS cloud banking engine used by banks and fintechs to launch financial products, closed a €30 million Series C round led by Bessemer Venture Partners. Acton Capital and CommerzVentures also participated. The funding supports Mambu's growth as a core banking infrastructure provider powering BaaS and embedded finance use cases.