Motive Partners led a €120m funding round in Backbase.

Motive Partners, a private equity firm, led a €120m ($126m) funding round in Backbase, a banking software provider. “For more than a decade, Backbase has shown leadership and innovation in enhancing digital relationships between financial institutions and its customers. We’re excited to support Jouk and the Backbase team with this initial fundraise as they continue to expand, grow and build the leading, customer-centric, Engagement Banking Platform globally," Rob Heyvaert, Motive Partners Founder and Managing Partner.