Economy - Finance > Bank

Mambu nabs $266M at a $5.5B valuation to double down on embedded financial service and banking APIs

1 month ago   |   By Tech Crunch

Embedded finance - where companies tap into APIs to integrate banking and other financial tools without having to build everything themselves from the ground up - has been one of the major trends in fintech in the last decade. Today, one of the biggest startups building those APIs and the backend technology behind them is announcing a major round of funding to double down on the opportunity.
Mambu , which has built a set of APIs to power lending, deposit, and other banking products, along with a wide plethora of analytics and other tools to build financial services, has raised €235...
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