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.

  • Sektor
    Fintech
  • Land
    The Netherlands
  • Ansvarig Advisor
    Carolina Brochado
  • Entry
    2021
  • Web
  • The investment thesis

Private Capital

Mambu

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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 800 employees globally, Mambu prides itself on investing in its people and the community, and has a top-decile employee satisfaction score, a progressive flexible work environment with a four-day summer schedule, 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.

Management

  • Chief Executive Officer & Co-Founder
    Eugene Danilkis
  • Chief Technology Officer
    Ben Goldin
  • Chief Product Officer
    Kevin Trilli
  • Chief Information Security Officer
    Bronwyn Boyle
  • Chief People Officer
    Charlie Johnston
  • General Counsel and Company Secretary
    Gerhard du Plessis

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