Mambu announces Series E funding
Berlin-based banking platform Mambu is growing fast. At the beginning of 2021 the company raised over €100M, now at the end of the year they have gained another €235M in a Series E round, which triples their valuation to €4.9 billion, techstartups reports. Instead of being a bank themselves, Mambu’s SaaS platform provides tools for traditional banks, fintech startups, financial institutions, non-profits, and other businesses to build their banking, lending, and financial products. N26, Orange, and Santander are among Mambu’s international customers.
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