Tandem Bank Goes Live on Mambu’s SaaS Banking Platform

 

 

Mambu announced on Monday that Tandem Bank is now live on its software-as-a-service (SaaS) banking platform. Mambu reported nearly a year after signing, the implementation was officially finalized, followed by a four-month beta in late 2020 and a full rollout in early February 2021.

Tandem chose to move to Mambu to achieve the following improvements:

  • Provide the digital-only bank’s demographic a more curated customer experience
  • Create more agile operations when launching new products
  • Helps it stay true to its green goals as all work done with Mambu was done virtually, without travel or environmental impact

Eelco-Jan Boonstra, Managing Director of Mambu EMEA, further commented on the integration by stating:

“When Tandem decided to move away from more traditional software providers, they knew it was the way to remain sustainable and achieve their green goals – and we’re exceptionally pleased to not only prove them right, but surprise them by how quickly we achieved it.”

Noam Zeigerson, Chief Data and Technology Officer at Tandem, concluded:

“We’ve been progressing towards a greener banking ethos for a while now. And with our recent acquisition of Allium Lending Group, we’ve been able to accelerate on this mission. We needed a technology partner that was both a culture fit for Tandem and had also technical hacks. Finding a partner that is expert in a complex task, such as managing banking ledgers, enabled as well as making it all available in a programmatic way via APIs was a key for our success.”

The integration of Tandem comes after Mambu reported a successful 2020 with 100% YoY growth and the recent €110 million round of funding. 

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