Mambu to Raise $2M in Series A Funding

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.



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