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Mambu Raises €110 Million in Funding Round Led by TCV - Vimarsana News

Mambu Raises €110 Million in Funding Round Led by TCV

Mambu Raises €110 Million in Funding Round Led by TCV Mambu, the market-leading SaaS banking platform, today announced its latest funding round of €110 million ($134 million USD) in new capital. This round was led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. Additional investment was received by Tiger Global and Arena Holdings, as well as existing investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners. The new round brings the company's valuation to over €1.7 billion. With this new round of financing, Mambu will continue to acceler...