Amsterdam-based Backbase, which helps banks analyze data, raises €120M from Motive Partners at a €2.5B valuation and says it has 150 banking customers (Ingrid Lunden/TechCrunch)

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Ingrid Lunden / TechCrunch:
Amsterdam-based Backbase, which helps banks analyze data, raises €120M from Motive Partners at a €2.5B valuation and says it has 150 banking customers  —  Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts …

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