Backbase
About
Backbase provides banking-engagement software: a unified platform (its 'Banking OS') that financial institutions use to build digital onboarding flows, retail and business banking portals, and internal servicing tools without ripping out legacy core banking systems.
- Founded
- 2003
- Headquarters
- Amsterdam, Netherlands
- Employees
- 2,000+
- Banks on platform
- 150+
- Offices
- 16 offices across 5 continents
- Total disclosed funding
- €120 million
- Last disclosed valuation
- €2.5 billion
Overview
Backbase is a Dutch software company that builds what it calls an AI-native banking operating system -- a platform layer that sits on top of banks' legacy core systems and lets financial institutions unify digital onboarding, customer engagement, and internal operations across channels.
Founded in 2003 in Amsterdam, the company originally built a general-purpose Ajax web-development framework before refocusing exclusively on financial-services software in 2013. Backbase says more than 150 banks and credit unions run on its platform, and the company employs 2,000+ people across 16 offices on five continents.
Backbase has remained privately held throughout its history, funded primarily by its founders and retained earnings until accepting its first disclosed outside growth-equity investment from Motive Partners in 2022.
Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.