Overview of Transaction

• On December 9, 2021, Mambu announced it has raised approximately $266 million of new capital in its Series E financing at a post-money valuation of $5.5 billion
• The investment was led by EQT with participation from existing investors, including Acton Capital Partners, Bessemer Venture Partners, Runa Capital, TCV, Tiger Global and Arena Holding
• Mambu is a SaaS cloud banking platform empowering its customers to easily and flexibly build and expand their banking products
• Mambu is the originator of the composable banking approach, which prioritizes rapid, flexible assembly of independent, best-for-purpose systems
• Since launching in May 2011, Mambu has grown its client portfolio to more than 50 million end users that leverage Mambu’s technology every day across more than 65 countries

Significance of Transaction

• The transaction values Mambu at $5.5 billion, underscoring the Company’s leadership position in redefining the global core banking technology market
• Mambu will use its fresh funding to further accelerate innovation in its next-generation platform, with the ambition of rolling out both new functional as well as technical capabilities

FT Partners' Role

• FT Partners served as exclusive financial and strategic advisor to Mambu
• FT Partners also previously advised Mambu on its $135 million Series D financing
• This transaction highlights FT Partners’ deep domain expertise in a broad range of Banking Tech companies, as well as its successful track record generating highly favorable outcomes for high-growth FinTech companies globally