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Fintech Funding: Backbase secures $128M, clears $2.7B valuation

Fintechs defy recession concerns, round up millions in growth funding

Alijah PoindexterbyAlijah Poindexter
June 10, 2022
in Banking
Reading Time: 3 mins read
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Backbase has raised $130 million in a series A round, the company announced this week. The self-styled “engagement banking” fintech provides a white-labeled platform for banks and credit unions that digitizes retail and business banking and counts $181 billion KeyBank and $153 billion Navy Federal Credit Union as banks that have “embraced” its products. Leading […]

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