BDO advises MAMBU on its $135 million Series D financing led by TCV
BDO advises MAMBU on its $135 million Series D financing led by TCV
Mambu is a market-leading SaaS cloud-based banking platform that accelerates and simplifies the way financial products are built and serviced by any financial institution. Mambu’s platform is used by traditional banks, fintech startups, financial institutions, nonprofits and other businesses to power their financial products and services. With customers such as ABN AMRO, N26, OakNorth, Orange and Santander, Mambu is powering both the building of new fintechs as well as the migration of existing financial institutions onto a tech stack fit for the fintech era. With this new round of financing, Mambu will continue to accelerate its rapid growth by deepening its footprint in the more than 50 countries in which it already operates and continuing to expand both the breath and depth of its platform.
BDO’s multi-disciplinary team with specialists from Corporate Finance and Transaction Tax acted as an integrated, cross-border accounting and tax advisor to Mambu GmbH, supporting the transaction with the prepraration of financial and tax fact books and throughout the due diligence process.
With 2,500 corporate finance specialists, BDO Corporate Finance is one of the largest and most active corporate finance networks in the world. In 2020, BDO handled in access of 1,500 transactions worldwide with a value of over $80 billion.
Adviser Mambu GmbH:
BDO AG Wirtschaftsprüfungsgesellschaft
Thorsten Zwiener (Lead, Frankfurt)
Elmar Hiltner (Financial Fact Book, Cologne)
Christopher Schmidl (Financial Fact Book, Cologne)
Dr. Michael Brauer (Tax Fact Book, Düsseldorf)
Philipp Baumeister (Tax Fact Book, Düsseldorf)