Mambu, a German software-as-a-service (SaaS) banking platform founded in 2011, recently raised EUR 235 million (USD 265 million) in Series E funding, valuing the firm at EUR 4.9 billion (USD 5.5 billion). EQT Growth, a Sweden-based private equity investor, led the funding round. EQT Growth is a first-time investor in Mambu and is joined by
