When was Cobase founded?

Cobase was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Cobase located?

Cobase is headquartered in Amsterdam, Netherlands.

How many employees does Cobase have?

As of Jul 01, 2024, the latest employee count at Cobase is 40.

Is Cobase a funded company?

Cobase is a funded company, having raised a total of $20.1M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 11, 2013.

When was the latest funding round of Cobase?

Cobase's latest funding was a $***** Series A round on Jun 10, 2020, with participation from 3 investors.

Where does Cobase rank among its competitors?

Cobase ranks 31st amongst 148 active competitors, of which 46 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Lean, which secured an undisclosed amount in Mar, 2025.

Who are the top competitors of Cobase?

Cobase's top competitors include Mambu, Bud and Lean. Among them, Lean secured the most recent funding round in March, 2025.

Cobase - 2026 Company Profile, Team, Funding & Competitors

Cobase is an acquired company based in Amsterdam (Netherlands), founded in 2012 by Jorge Schaffrad. It operates as an Open banking aggregational APIs. Cobase has raised $20.1M in funding from investors like ING Ventures, Credit Agricole CIB and Nordea. The company has 148 active competitors, including 46 funded and 19 that have exited. Its top competitors include companies like Mambu, Bud and Lean.

Company Details

Cobase provides open banking aggregational APIs to banks & financial institutions. It offers a multibank platform that provides access to all bank accounts and other financial products & services from other banks and financial service providers. It features a central payment hub, cash management, and treasury modules.

Website: www.cobase.com/
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Key Metrics

Founded Year

2012

Location

Amsterdam, Netherlands

Stage

Acquired

Total Funding

$20.1M in 3 rounds

Latest Funding Round

Series A, Jun 10, 2020, $*****

Investors

ING Ventures & 3 more

Ranked

31^st among 148 active competitors

Employee Count

40 as on Jul 01, 2024

Similar Companies

Mambu & 194 more

Exit Details

Acquired by Alpha Group (Sep 12, 2023)

View Cobase's full profile

Cobase got acquired by Alpha Group on Sep 12, 2023.

Click here to take a look at Cobase's acquisition in detail

Cobase has raised a total funding of $20.1M over 3 rounds. Its first funding round was on Mar 11, 2013. Its latest funding round was a Series A round on Jun 10, 2020 for $*****. 3 investors participated in its latest round. Cobase has 4 institutional investors.

Here is the list of recent funding rounds of Cobase:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 10, 2020	4199718	Series A	4769664	9997346	3977568	2788246
Sep 19, 2018	1052785	Series A	3976480	8367501	5322015	2598276
Mar 11, 2013	6530602	Seed	8340663	3394258	3262950	Start-Up Chile

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View details of Cobase's funding rounds and investors

The founders of Cobase is Jorge Schaffrad.

Here are the details of Cobase's key team members:

Jorge Schaffrad: Founder & Chief Executive Officer of Cobase.

View details of Cobase's Founder profiles and Board Members

Cobase's employee count trend

Cobase has 40 employees as of Jul 24. Here is Cobase's employee count trend over the years:

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Top competitors of Cobase include Mambu, Bud and Lean. Here is the list of Top 10 competitors of Cobase, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mambu 2011, Amsterdam (Netherlands), Series E	Provider of cloud banking platform delivering composable banking and financial experiences	$446M	TCV, Bessemer Venture Partners & 15 others	73/100
2nd	Bud 2015, London (United Kingdom), Series B	Developer of open banking API and financial data analysis for businesses	$103M	Goldman Sachs, TransUnion & 41 others	71/100
3rd	Lean 2019, Riyadh (Saudi Arabia), Series B	Provider of open banking platform for financial data and payments	$104M	Takamol Ventures, General Catalyst & 26 others	69/100
4th	Method 2019, Austin (United States), Series B	Provider of connectivity solutions for consumer credit and liability accounts	$60M	Andreessen Horowitz, Emergence Capital & 14 others	65/100
5th	Moneyhub 2011, Bristol (United Kingdom), Public	Personal finance management tools for individuals and enterprises	$83.6M	Lloyds Banking Group, Legal & General Investment Management ... & 7 others	65/100
6th	Yodlee 1999, Redwood City (United States), Acquired	Provider of cloud-based financial data aggregation and analytics	$84.3M	Warburg Pincus, Bank of America & 17 others	62/100
7th	Flinks 2016, Montreal (Canada), Acquired	Open banking API solutions for financial institutions	$33.1M	National Bank of Canada, Luge Capital & 5 others	62/100
8th	Codat 2017, London (United Kingdom), Series C	Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses	$172M	PayPal Ventures, Tiger Global Management ... & 52 others	62/100
9th	Finvu 2017, Pune (India), Seed	Online platform that enables secure sharing of data between financial institutions	$2.81M	M2P Fintech, 360 One & 11 others	62/100
10th	Finarkein Analytics 2019, Pune (India), Seed	Provider of technology for account aggregation and financial data management	$10.3M	Nexus Venture Partners, IIFL Finance & 25 others	60/100
31st	Cobase 2012, Amsterdam (Netherlands), Acquired	Open banking aggregational APIs	$20.1M	Credit Agricole CIB, ING Ventures & 2 others	45/100