Backbase - About the company
Backbase is a series D company based in Amsterdam (Netherlands), founded in 2003 by Jouk Pleiter. It operates as a Developer of an AI-native Banking OS that streamlines digital banking channels and operational workflows. Backbase has raised $129M in funding, with a current valuation of $2.62B. The company has 705 active competitors, including 70 funded and 91 that have exited. Its top competitors include companies like Fiserv, Comviva and Alkami.
Sectors and market segments that Backbase operate in
Backbase serves in the FinTech market segments.The primary business model of Backbase is:Company Details
Developer of an AI-native Banking OS that streamlines digital banking channels and operational workflows. This platform integrates with existing core systems to manage customer interactions, employee tasks, and automated processes. It provides a unified interface for handling onboarding, servicing, and lending activities across various banking segments. The software architecture facilitates data synchronization and event streaming between disparate systems to maintain consistent information. It includes tools for configuring workflows, defining policies, and governing automated actions. The system supports retail, commercial, and wealth management functions by centralizing execution and decision-making processes.
- Website
- www.backbase.com/
- Email ID
- *****@backbase.com
Key Metrics
Founded Year
2003
Location
Amsterdam, Netherlands
Stage
Series D
Total Funding
$129M in 1 round
Latest Funding Round
Post Money Valuation
$2.62B as on Jun 18, 2022
Investors
Ranked
21st among 705 active competitors
Employee Count
2,066 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Backbase
Backbase is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Backbase BV CIN: 34192943 , Netherlands, Active | Jul 01, 2003 | - | - | - |
BACKBASE INDIA PRIVATE LIMITED CIN: U62099TS2024FTC189969 , India, Active | Oct 07, 2024 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
BACKBASE INDIA LLP CIN: AAV-0035 , India, Active | Dec 09, 2020 | ₹100 - ₹500 Cr (As on Mar 31, 2024) | - | |
BACKBASE ASIA-PACIFIC PTE. LTD. CIN: 201223627E , Singapore, Active | Sep 25, 2012 | - | - |
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Backbase's funding and investors
Backbase has raised a total funding of $129M over 1 round. Its latest funding round was a Series D round on Jun 09, 2022 for $129M. 1 investor participated in its latest round. Backbase has 1 institutional investor.
Here is the list of recent funding rounds of Backbase:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 09, 2022 | $129M | Series D | $2.62B | - | - |
View details of Backbase's funding rounds and investors
Backbase's founders and board of directors
Founder? Claim ProfileThe founders of Backbase is Jouk Pleiter. Jouk Pleiter is the CEO of Backbase.
Here are the details of Backbase's key team members:
- Jouk Pleiter: Founder & CEO of Backbase and founder of 1 other company. Contact Info: 1 email address
View details of Backbase's Founder profiles and Board Members
Backbase's employee count trend
Backbase has 2,066 employees as of Aug 26. Here is Backbase's employee count trend over the years:
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Backbase's Competitors and alternates
Top competitors of Backbase include Fiserv, Comviva and Alkami. Here is the list of Top 10 competitors of Backbase, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fiserv 1984, Milwaukee (United States), Public | Provider of technology and services to the financial services industry | - | 79/100 | |
2nd | Developer of platforms for digital payments, marketing, and business operations | $13.5M | 77/100 | ||
3rd | Alkami 2009, Plano (United States), Public | Platform offering digital banking software suite for banks and credit unions | $408M | 72/100 | |
4th | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
5th | Jack Henry 1976, Monett (United States), Public | Provider of technology solutions and services for financial institutions and businesses | - | 68/100 | |
6th | Provider of loan and cash management solutions for banks and financial institutions | - | 68/100 | ||
7th | NCR 1884, Atlanta (United States), Public | Banking software suite for banks and financial institutions | $820M | 65/100 | |
8th | Provider of AI-powered platforms and APIs for financial services | $2.19M | 64/100 | ||
9th | Bairong Yunchuang 2014, Chaoyang (China), Public | Risk management and marketing solutions for the financial services industry | $267M | 62/100 | |
10th | Nigeria Inter-Bank Settlement System 1993, Lagos (Nigeria), Unfunded | Provider of software solutions for banking management | - | - | 60/100 |
21st | Backbase 2003, Amsterdam (Netherlands), Series D | Developer of an AI-native Banking OS that streamlines digital banking channels and operational workflows | $129M | 56/100 |
Looking for more details on Backbase's competitors? Click here to see the top ones
Backbase's Investments and acquisitions
Backbase has acquired 2 companies including Kasisto Tech and Nucoro. Backbase has not made any investments as of now.Reports related to Backbase
Here is the latest report on Backbase's sector:
News related to Backbase
Media has covered Backbase for a total of 17 events in the last 1 year, 9 of them have been about partnerships and 2 about company updates.
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Belize Bank Partners with Backbase for AI-Native Banking PlatformRetailbankerinternational•Aug 07, 2026•Backbase, Belize
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Backbase Acquires Kasisto to Revolutionize African Banking with AI SolutionsTechnext•Jul 08, 2026•Backbase, Kasisto Tech
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Backbase Acquires AI Software Developer Kasisto to Enhance Banking OSFinTechnews•Jun 23, 2026•Backbase, Kasisto Tech
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Mastercard and Backbase Partner to Accelerate Cross-Border PaymentsPYMNTS.com•Jun 08, 2026•Mastercard, Backbase
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Atos and Backbase Partner to Accelerate Secure, AI-Native Banking TransformationGlobeNewswire•May 12, 2026•Atos, Backbase
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Backbase’s Named a Leader in Digital Banking Engagement Platforms by Independent Global Research FirmBusiness Wire•Apr 28, 2026•Backbase, Atos
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Backbase Launches the AI-Native Banking OS – Defining a New Category for Agentic BankingFintech Finance•Apr 23, 2026•Backbase
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Backbase and VASS Partner to Enable Digital Banking Services in Key MarketsCrowdfund Insider•Feb 15, 2026•Backbase
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