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Current Portfolio

Mambu

A market-leading, modern SaaS banking platform.

Mambu’s SaaS banking platform accelerates and simplifies the way financial products are built and deployed by financial institutions.

Key Facts
Sector

Enterprise Tech

Country

Netherlands

Fund

EQT Growth

Entry

2021

EQT Responsible Advisor

Carolina Brochado

Website
Mambu
Large white 3D letters spelling "#mambo" are arranged along a curved wall in an office space.

About Mambu

Mambu is disrupting Core Banking Software through its market-leading, modern SaaS banking platform. It provides fast-to-implement and easy-to-manage, flexible and modern software, which allows its customers to build great banking experiences that their customers love. Counting banks, lenders, fintechs and financial institutions as its customers, over 50 million end users leverage Mambu’s technology every day.

With 700 employees globally, Mambu prides itself on investing in its people and the community, has a top-decile employee satisfaction score, and a bold ESG and sustainability strategy for the years ahead.

Market trends and drivers

Consumers and businesses alike increasingly demand frictionless digital banking experiences and as a result, the banking and securities enterprise software market – which is already over €100 billion in size – is experiencing double-digit annual growth, according to Gartner (December 2021). Within this, the third party cloud-based sub-segment is the fastest growing, expected to increase by 20%+ per annum over the coming years.

Mambu is the leading disruptive player in the market, catering to a large and global market segment, from fintechs to traditional financial institutions, in over 65 markets.

Investment potential

EQT Growth plans to work closely with the company to support its further global expansion, ramp-up of key hires across the growing firm, and platform innovation, which aims to roll out both new functional and technical capabilities. In addition, EQT Growth will support Mambu’s commitment to sustainability, diversity and inclusion and workplace innovation.

Board of directors

Board Member

Fritz Oidtmann

Board Member

Fernando Zandona

Board Member

Carolina Brochado

Board Member

John Doran

Board Member

Eugene Danilkis

Board Member

Brian Feinstein

Board Member

Andre Bliznyuk

Board Member

Henning Kagermann

Management

CEO

Fernando Zandona

Do You Want to Know More?

We are eager to explore how we can achieve great things together.