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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.
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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
Employee Count
2,066 as on Aug 31, 2026
Investment & Acquisitions
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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
-
-
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Backbase's founders and board of directors

Founder? Claim Profile
The founders of Backbase is Jouk Pleiter. Jouk Pleiter is the CEO of Backbase.
Here are the details of Backbase's key team 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:
Employee count trend for Backbase
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fiserv
Fiserv
1984, Milwaukee (United States), Public
Provider of technology and services to the financial services industry
-
79/100
2nd
Logo for Comviva
Comviva
1999, Gurugram (India), Acquired
Developer of platforms for digital payments, marketing, and business operations
$13.5M
77/100
3rd
Logo for Alkami
Alkami
2009, Plano (United States), Public
Platform offering digital banking software suite for banks and credit unions
$408M
72/100
4th
Logo for FintechOS
FintechOS
2017, London (United Kingdom), Series B
Provider of AI-based software suite for the banking and insurance industry
$146M
68/100
5th
Logo for Jack Henry
Jack Henry
1976, Monett (United States), Public
Provider of technology solutions and services for financial institutions and businesses
-
68/100
6th
Logo for Aurionpro
Aurionpro
1997, Mumbai (India), Public
Provider of loan and cash management solutions for banks and financial institutions
-
68/100
7th
Logo for NCR
NCR
1884, Atlanta (United States), Public
Banking software suite for banks and financial institutions
$820M
65/100
8th
Logo for Arya.ai
Arya.ai
2013, Mumbai (India), Acquired
Provider of AI-powered platforms and APIs for financial services
$2.19M
64/100
9th
Logo for Bairong Yunchuang
Bairong Yunchuang
2014, Chaoyang (China), Public
Risk management and marketing solutions for the financial services industry
$267M
62/100
10th
Provider of software solutions for banking management
-
-
60/100
21st
Logo for Backbase
Backbase
2003, Amsterdam (Netherlands), Series D
Developer of an AI-native Banking OS that streamlines digital banking channels and operational workflows
$129M
56/100
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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

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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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