TrueNorth, a global fintech software development company, announced on Thursday it has formed a partnership with Mambu, a SaaS banking platform that empowers tech-forward financial institutions to design and service nearly any financial product. This latest partnership was announced just days after TrueNorth announced its partnership with Codat to provide Codat’s FI clients with direct access to a software engineering implementation team to integrate Codat’s single API solution.
According to TrueNorth, the partnership with Mambu creates a cost-effective way for regional banks, credit unions, and community banks to integrate with a leading cloud-native, modern core processor.
“The TrueNorth/Mambu venture is well-timed as COVID-19 signaled the accelerated need for digital technologies at small and medium-size financial institutions, many of whom may have found themselves priced-out of upgrading their technologies and customer experience.”
Speaking about the partnership, TrueNorth CEO Alex Gonikman, explained:
“Mambu’s composable banking platform empowers FIs to select the core banking experience best suited for their members without being tied to a specific vendor, product or technology. And this is where our expertise really shines. Our engineers have the expertise to integrate their preferred products with the Mambu platform in a matter of months.”
As previously reported, TrueNorth claims to be one of the largest and most successful fintech software development companies in the world having built three fintech unicorns from scratch–Lending Club, Upgrade and Dianrong. The company notably specializes in building digital solutions, including 45 original enterprises, 100 digital transformations, and 40 product revamps.
