Backbase

Amsterdam, Netherlands Founded: 2003 • Age: 23 yrs Unicorn
AI-powered banking platforms are provided for operational growth.

About Backbase

Backbase is a Financial Services company based in Amsterdam (Netherlands) founded in 2003 by Jouk Pleiter. AI-powered banking platforms are provided for operational growth. Backbase has raised $128.51 million across 1 funding round from investors including Motive Partners and Rho Capital Partners. The company has 2,059 employees. Backbase has completed 2 acquisitions, including Kasisto and Nucoro. Backbase was last valued at $2.63 billion in June 2022. Its chief executive, as recorded, is Jouk Pleiter. Its website backbase.com draws about 70 thousand monthly visits. Backbase offers products and services including Engagement Banking Platform, Digital Onboarding, Digital Banking, and Digital Lending. Its focus areas include FinTech, Banking Tech and Core Banking Platforms.

Company details

Backbase was founded in 2003 in Amsterdam, Netherlands, as a provider of AI-powered platforms in the fintech sector. A complete technology stack is offered to banks, enabling revenue growth, cost reduction, and unified operations. Services include integration tools, data management, agentic AI, and suites for retail, commercial, and wealth management banking. Personalized services and AI advice are delivered across channels, with support from an AI Factory for implementation.

  • Headquarters Amsterdam, Netherlands
  • Employees 2,059
  • Founders Jouk Pleiter
  • Stage Unicorn
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website backbase.com
  • Social LinkedIn X Facebook Instagram
Key Metrics
  • Total Equity Funding
    $128.51M (USD)

    in 1 rounds

  • Latest Funding Round
    $128.51M (USD), Series D

    Jun 2022

  • Investors
  • Employee Count
    2,059
  • Investments & Acquisitions
    Kasisto

    & 1 more

Products & Services of Backbase

Backbase offers a comprehensive portfolio of products and services, including Engagement Banking Platform, Digital Onboarding, Digital Banking, and Digital Lending.

Engagement Banking Platform
Banking Software

Platform for modernizing customer banking journeys and operations

Digital Onboarding
Account Management

Seamless digital process for account opening and customer acquisition

Digital Banking
Mobile Banking

Tools for developing and launching secure banking applications

Digital Lending
Loan Services

System for faster and smarter loan origination processes

Funding Insights of Backbase

Backbase has successfully raised a total of $128.51M through 1 strategic funding round. The most recent funding activity was a Series D round of $128.51 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $128.51M
  • Total Rounds 1
  • Last Round Series D β€” $128.51M
  • First Round $128.51M

    (Jun 2022)

  • Investors Count 2

All 1 funding rounds of Backbase with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022$128.51MSeries D$2.63B–
Valuation history
DateValuationStage
Jun 2022$2.63Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.63B (Jun 2022). 2 investors in total: 2 institutional.

Investors in Backbase

Backbase has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Motive Partners and Rho Capital Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investments in financial services sector are facilitated.
motivepartners.comNew York, United States
Early-stage tech startups are invested in by Rho Capital Partners.
rho.comNew York, United States
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Investor details for Backbase

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Board of directors of Backbase

The boards of the 2 registered companies of Backbase currently have 5 directors; the longest-serving is Jacob Geerlof Pleiter, appointed in 2020. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jacob Geerlof Pleiter
DIN 08989013
Designated Partner09 Dec 20205 yrs 10 moBackbase India Llp, Backbase India Private Limited
Venkat Ramesh Darbha
DIN 09625887
Designated Partner08 Oct 20224 yrs 1 moBackbase India Llp
Annemarieke Alieke Kappert
DIN 10871475
Director16 Dec 20241 yr 10 moBackbase India Private Limited
Abhijit Ganpatrao Chavan
DIN 11141404
Director10 Jun 20251 yr 4 moBackbase India Private Limited
Venkata Surya Sekhar Kari
DIN 06927519
Director26 Sep 20251 yr 1 moBackbase India Private Limited

People of Backbase

195 people are tracked at Backbase (68 in leadership, 127 in team); the tracked headcount is 2,059.

NameRoleGroup
Jouk Pleiter
Founder & CEOLeadership
Alejandro García
Regional Sales Director | LatamLeadership
Joana Luiz
VP Of Customer OperationsLeadership
VP, Customer Success - AsiaLeadership
Ajay Goyal
Delivery DirectorLeadership
Albert Welgraven
Regional Vice President EuropeLeadership
Oussama Bouhcine
Vice President - Services & CS - Middle EastLeadership
David Ashworth
Director - Canadian BankingLeadership
Mohamad Khalili
Sales DirectorLeadership
Edgar Giraldo
Regional Vice President ServicesLeadership
Mehdi Daoud
Senior Delivery DirectorLeadership
Sumit Batra
Regional Director, APACLeadership
Oktawiusz Kacza
Regional Vice PresidentLeadership
Tamir Dotan
Customer Success - Delivery Director - EuropeLeadership
Trevor Ramoutar
Delivery DirectorLeadership
Mac Chiles
Director Of Strategic AccountsLeadership
Ruben Mijwaart
Field CTOLeadership
Greg Fahy
Chief Technology Officer - ServicesLeadership
Stephen Retchford
Head Of Technology For CanadaLeadership
Ilya Mikhailov
Director Of TechnologyLeadership

175 more people are available in the full profile.

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Financials of Backbase

Figures of Backbase India Private Limited, the primary company behind Backbase, for FY 2025. Revenue was ₹128 Cr. Net profit was ₹10.98 Cr (9% margin). EBITDA was ₹17.00 Cr (13% margin).

  • ₹128 CrRevenue · FY 2025
  • ₹10.98 CrNet profit · 9% margin
  • ₹17.00 CrEBITDA · 13% margin
  • ₹1.32 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Backbase India Private Limited are on its company page.

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Investments & Acquisitions by Backbase

Backbase has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kasisto and Nucoro.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
AI-driven conversational banking solutions are provided for enterprises.
kasisto.comNew York, United States2013Jun 2026β€’β€’β€’β€’
Wealth management solutions for businesses are provided by Nucoro.
nucoro.comLondon, United Kingdom2016Jun 2023β€’β€’β€’β€’
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Timeline of Backbase

5 dated milestones of Backbase across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Backbase is founded.
  2. Funding First funding round of $128.5M.
  3. Milestone Reaches Unicorn status.
  4. Acquisition Acquires Nucoro.
  5. Acquisition Acquires Kasisto.

Web traffic of Backbase

The website of Backbase (backbase.com) receives about 70.5K visits a month.

  • Monthly visits
    70.5K

    ▲ 5.6% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Frequently Asked Questions about Backbase

Backbase was founded in 2003 and raised its 1st funding round 19 years after it was founded.

Backbase is headquartered in Amsterdam, Netherlands. It is registered at Amsterdam, North Holland, Netherlands.

Jouk Pleiter is the CEO of Backbase, as recorded in our data. They have also founded this company.

Backbase is a funded company, having raised a total of $128.51M across 1 funding round to date. The company's 1st funding round was a Series D of $128.51M, raised on Jun 2022.

Backbase has 2,059 employees.

Backbase was founded in 2003 in Amsterdam, Netherlands, as a provider of AI-powered platforms in the fintech sector. A complete technology stack is offered to banks, enabling revenue growth, cost reduction, and unified operations. Services include integration tools, data management, agentic AI, and suites for retail, commercial, and wealth management banking. Personalized services and AI advice are delivered across channels, with support from an AI Factory for implementation.

Backbase offers Engagement Banking Platform, Digital Onboarding, Digital Banking, and Digital Lending.

Backbase has made 2 acquisitions, including Kasisto, and Nucoro.

Backbase has 2 investors. Key investors include Motive Partners, and Rho Capital Partners.

The valuation of Backbase is $2.63B as of Jun 2022.

Backbase is associated with 2 legal entities: Backbase India Llp, Backbase India Private Limited.

The legal entities of Backbase currently have 5 directors, including Jacob Geerlof Pleiter, Venkat Ramesh Darbha, Annemarieke Alieke Kappert and others.

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