Search Results for "Mambu"
9 results for "Mambu"
Deals 8
Trigger Software Partners with Mambu to Launch Neobank Engine
Trigger Software partnered with cloud-native banking platform Mambu to launch Neobank Engine, a pre-configured middleware solution. The product includes 300+ screens and 150+ processes covering KYC, onboarding, and payments. It enables neobank launches in as little as three months at fixed cost.
Mambu Raises $266M Series E at $5.5B Valuation Led by EQT Growth
Mambu, a SaaS cloud banking platform, raised €235 million (~$266 million) in a Series E round led by EQT Growth, valuing the company at €4.9 billion (~$5.5 billion). The Berlin-based company reported over 120% year-on-year revenue growth and serves more than 200 customers globally. This was the largest private fundraise to date for a banking software platform.
Raisin Bank Launches BaaS Offering on Mambu Cloud Banking Platform
Raisin Bank launched its Banking-as-a-Service offering on November 5, 2021, built on Mambu's cloud banking platform. The service provides outsourced banking capabilities including accounts to fintechs and startups. The partnership combines Raisin Bank's banking license with Mambu's cloud-native core banking technology.
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.
Mambu and Alchemy Partner to Deliver Cloud-Native Lending for US Banks
Mambu and Alchemy launched a cloud-native lending decisioning engine targeting US community banks and credit unions. The integrated platform enables new consumer and SMB loan products to go live in 60-90 days. The partnership combines Mambu's composable banking backend with Alchemy's workflow and decisioning capabilities.
Mambu Integrates With Currencycloud for Scalable International Payments
Cloud banking platform Mambu integrated with Currencycloud to offer transparent and scalable international payments capabilities to its clients. The partnership enables collections, virtual accounts, payments, FX, and card spend capabilities via APIs, effectively creating a banking-in-a-box offering.
TSB Bank Invests in Cloud-Native Core Banking Platform Mambu
Mambu, a cloud-native core banking SaaS platform, received a $20M equity investment from TSB Bank UK in October 2019. The investment emphasized Mambu's API extensibility and its role powering digital banks globally with customizable banking infrastructure.
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.