Berlin's Mambu hits €1.7B+ valuation with new funding
January 8, 2021
TCV has led a €110 million investment in SaaS banking platform provider Mambu, valuing it at over €1.7 billion. The startup will use the capital to double its headcount to 1,000 by 2022, develop products and expand its presence in its existing markets. Mambu's platform operates in more than 50 countries and serves customers including N26 and OakNorth.