Fundz

Matera raised $100M in a growth investment from Warburg Pincus to expand core banking software solutions and global markets.

PRIVATEJul 17, 2024

Amount Raised

$100 Million

Round Type

Venture

PhiladelphiaFinancial ServicesSoftwarePaymentsFintech

Investors

Warburg Pincus

Description

Matera, a leading banking software provider, has announced a $100 million investment from Warburg Pincus to fund its expansion into the North American market and further expand product development. This investment will strengthen the development of innovative core banking software solutions and further the company's expansion into global markets.

Company Information

Company

Matera

Location

Philadelphia, Pennsylvania, United States

About

Matera is a trusted technology provider of core banking, instant payment, and QR code payment solutions for financial institutions, backed by over 30 years of experience in providing best-in-class software solutions. The company has a team of over 1,000 professionals and has deep expertise in Core Banking, Instant Payments, and QR Code Payments.

Fundz sees it the moment Matera raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Matera raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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