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Backbase raises €120m from Motive Partners at €2.5bn valuation

Backbase, creator of the Engagement Banking Platform, has raised €120 million in growth equity funding from Motive Partners.

Having grown organically to over €200 million in revenue, Backbase is now partnering with a Fintech specialist private equity firm, to further strengthen its claim on the Engagement Banking category.
 
This growth investment values Backbase at €2.5 billion.

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