Mambu, a Berlin, Germany-based provider of a cloud platform to manage microfinance operations, is raising $2m in Series A funding.
Backers include Point Nine Capital and Runa Capital.
The company intends to use the capital to expand its team (read here), accelerate product development and grow its customer-base, globally.
Launched in 2011 and led by CEO Eugene Danilkis, COO/CFO Frederik Pfisterer, and Head of Support & Training Sofia Nunes, Mambu provides microfinancial institutions with a SaaS-based solution to run their entire business, from tracking clients and their portfolios, to accounting, reporting, managing documents and end-client access.
FinSMEs
15/02/2013