Marcel van Oost’s Post

Backbase, creator of the category-leading Engagement Banking Platform, raised €120 million in growth equity funding from Motive Partners.  Having grown organically to over €200 million in revenue, Backbase is now partnering with a Fintech specialist private equity firm, to further strengthen its claim on the Engagement Banking category. This growth investment values Backbase at €2.5 billion.  Jouk Pleiter, Founder and CEO of Backbase, says:  “Today is a major milestone for more than 2,000 Backbasers and 150 customers around the world, to celebrate the incredible progress we made. With this partnership, we’re even better equipped to drive our Engagement Banking vision to the next level. I couldn’t be more excited about the opportunities that lie ahead and the positive impact we can make. To all our customers, I personally want to restate our long-term commitment to being your independent, long-term partner in innovation. For us, it is still day one.” Read the full article through the link in the comments below👇 #fintech #banking #digitalbanking #bankingtechnology #banks #bankingtech #banktech #financialtechnology #fintechinnovation #bankingandfinance #futureofbanking #backbase #fintechnews