About Backbase
Backbase is a company based in Amsterdam (Netherlands) founded in 2003 by Jouk Pleiter. Backbase has raised $128.51 million across 1 funding round from investors including Motive Partners. The company has 2,000 employees as of July 17, 2023. Backbase has completed 2 acquisitions, including Kasisto and Nucoro. Backbase offers products and services including Engagement Banking Platform, Digital Onboarding, Digital Banking, and Digital Lending. Backbase operates in a competitive market with competitors including ION Group, nCino, Ohpen, Nymbus and Tuum, among others.
- Headquarter Amsterdam, Netherlands
- Employees 2000 as on 17 Jul, 2023
- Founders Jouk Pleiter
- Stage Unicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$128.51 M (USD)
in 1 rounds
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Latest Funding Round
$128.51 M (USD), Series D
Jun 09, 2022
- Investors
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Employee Count
2000
as on Jul 17, 2023
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Investments & Acquisitions
Kasisto
& 1 more
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Products & Services of Backbase
Backbase offers a comprehensive portfolio of products and services, including Engagement Banking Platform, Digital Onboarding, Digital Banking, and Digital Lending.
Platform for modernizing customer banking journeys and operations
Seamless digital process for account opening and customer acquisition
Tools for developing and launching secure banking applications
System for faster and smarter loan origination processes
People of Backbase
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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.
Investors in Backbase
Backbase has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Motive Partners.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments in financial services sector are facilitated.
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Locked | Locked | Locked |
Investor details for Backbase
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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.
Investment portfolio details for Backbase
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wealth management solutions for businesses are provided by Nucoro.
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Locked | Locked | 2016 | Locked | |
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AI-driven conversational banking solutions are provided for enterprises.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for Backbase
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Financial Statements - Backbase
Detailed financials for Backbase
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Backbase Comparisons
Peer comparison for Backbase
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Competitors of Backbase
Backbase operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ION Group, nCino, Ohpen, Nymbus and Tuum, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Treasury management solutions are provided for financial institutions and banks.
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Cloud-based API platform for banking operations is provided.
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Developer of cloud-based core banking platform for retail mutual funds and savings accounts
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Cloud-based core banking solutions are offered to financial institutions.
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Cloud-native API-first core banking platform is provided for banks.
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Detailed competitors of Backbase
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Latest news on Backbase
Complete news archive for Backbase
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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.
Jouk Pleiter is the current CEO of Backbase. They have also founded this company.
Backbase is a funded company, having raised a total of $128.51M across 1 funding round to date.
As of Jul 17, 2023, the latest employee count at Backbase is 2,000.
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's top competitors include nCino, Thought Machine and Tuum.
Backbase offers Engagement Banking Platform, Digital Onboarding, Digital Banking, and Digital Lending.
Backbase has 1 investor. Key investors include Motive Partners.
The valuation of Backbase is $2.63B as of Jun 2022.