Mambu is a cloud-native solution, delivered as a service, the driving force behind modern API-enabled ecosystems.
Mambu gives financial institutions a powerful competitive edge by allowing them rapidly create, launch and service any lending or deposit portfolio through a flexible SaaS platform.
Mambu was founded in 2011 by Eugene Danilkis, Frederik Pfisterer, and Sofia Nunes. The company is based in Berlin with offices in Miami, FL; Singapore; Romania; London; Amsterdam, Netherlands; Dresden, Germany and Sydney, NSW.
Mambu is the only true SaaS cloud banking platform. Its unique and sustainable composable approach means that independent engines, systems and connectors can be assembled and re-assembled in any configuration to meet business requirements and the ever-changing demands of your customers.
Mambu's platform covers some 7,000 different banking products at the moment. These are roughly split across three primary categories: lending, current accounts and deposit accounts.
Mambu has more than 200 customers that collectively work with some 53 million users in some 65 countries. They include big neobanks like N26, but also incumbent banks like Raiffeisen Bank, BancoEstado and ABN Amro.
Mambu is backed Tiger Global, EQT Growth, Bessemer Ventures, TCV, Arena Holdings, CommerzVentures, Acton Capital Partners, Point Nine Capital, Runa Capital, and others. The company raised €235M ($266M) in Series E round on Dec 09, 2021. This brings Mambu's total funding to €387M to date. The latest round nearly tripled the company's valuation to €4.9B ($5.5B) post-money. Mambu was previously valued at €1.7B ($2B) from their Series D raised in Jan 2021.