Company to accelerate growth in multiple geographies
Mambu, the market-leading SaaS banking platform, has announced its latest funding round of €110 million in new capital. This round was led by TCV, whose investments include Netflix, and Spotify.
With this new round of financing, Mambu will continue to accelerate its rapid growth and deepen its footprint in the more than 50 countries in which it already operates and focus on markets like Brazil, Japan as well as the United States.
“This latest funding round allows us to accelerate our mission to make banking better for a billion people around the world and address one of the largest, most complex global market opportunities that’s still in the infancy of cloud,” remarked Eugene Danilkis, Co-Founder & CEO, Mambu.
“We are delighted to be able to partner with Eugene and the entire Mambu team on their journey to expand their offerings to customers worldwide,” noted John Doran, General Partner, TCV who joins the Mambu Board.
