Tagged: eugene danilkis

June 3, 2023 @ 9:18 pm By Omar Faridi  |  

Mambu, the cloud banking platform, has announced the departure of Chief Executive Officer and co-founder, Eugene Danilkis “effective immediately.” Eugene has “made the decision to step down after thirteen years at the company for personal reasons.” He will continue “to play an important role in… Read More

April 5, 2023 @ 11:37 pm By Omar Faridi  |  

Orange Bank announced it will migrate to Mambu’s cloud banking platform at its head office in France based on the successful launch of Orange Bank on Mambu in Spain in 2019. The bank leverages Mambu “to manage its current account, loan and credit card products… Read More

June 23, 2022 @ 8:05 am By Omar Faridi  |  

Mambu, the SaaS Cloud banking platform, has reportedly welcomed four new senior hires as it “embarks on the next stage of its ambitious growth.” The Fintech firm has appointed Werner Knoblich as Chief Revenue Officer (CRO), Fernando Zandona as Chief Technology Officer (CTO), Tripp Faix… Read More

June 12, 2022 @ 5:49 pm By Omar Faridi  |  

Mambu, the cloud banking platform, has partnered with Western Union, a global “leader” in cross-border, cross-currency money movement and payments, in order to integrate its solution “into the latter’s next-generation real-time multi-currency digital wallet and digital banking platform in Europe.” Mambu will “enable Western Union… Read More

December 9, 2021 @ 4:14 pm By Tony Zerucha  |  

Mambu, a modern SaaS banking platform, has raised $265 million in Series E funding, a total it says is the largest financing round to date for a banking software platform. EQT Growth led the round,. The funding brings the company’s valuation to €4.9 billion. The… Read More

January 7, 2021 @ 11:25 am By JD Alois  |  

Mambu, a Fintech that offers a Banking as a Service platform, has raised a significant €110 million ($134 million) funding round led by TCV a venture firm that has invested more than $2.5 billion in Fintech. John Doran, TCV General Partner, will join the Mambu… Read More

February 19, 2019 @ 8:18 am By Erin Hobey  |  

Mambu, a Berlin-based fintech SaaS banking platform, has raised $34 million (30 million euros) in a funding round led by U.S. investment firm Bessemer Venture Partners. Action Capital, CommerzVentures, Point Nine Capital and Runa Capital also participated in the round. Mambu will use the funding to invest… Read More

June 14, 2018 @ 1:04 am By Erin Hobey  |  

Mambu, the Berlin-based SaaS engine powering innovative lending and deposits, announced that business leader and academic Henning Kagermann joined its board of directors. Mambu will draw on Kagermann’s decades of executive and operational expertise to help guide the company as it increasingly attracts interest and business… Read More

March 13, 2018 @ 9:25 am By Samantha Hurst  |  

Software as a Service (SaaS) platform Mambu announced on Monday that FolkeFinans, a Norwegian finance and credit company, has migrated its products to the Mambu platform and launched a revolving credit loan. Folkefinans reportedly chose Mambu for its flexibility and scalability, allowing the lender to keep… Read More

October 23, 2017 @ 1:30 pm By JD Alois  |  

Mambu is a Software as a Service (SaaS) platform that has quickly differentiated its product as a leader in the white label core banking space. The cloud based service provides a path for both traditional finance and Fintech’s to rapidly launch a digitally native financial… Read More

October 5, 2017 @ 10:47 am By JD Alois  |  

Mambu has been enlisted to power ABN AMRO’s newly launched online lending platform New10. Mambu will be the SaaS engine for a range of small and medium enterprise (SME) lending products in the Netherlands. New10 will provide SMEs a credit decisions within 15 minutes. Mambu… Read More

September 10, 2017 @ 8:15 am By JD Alois  |  

N26, a digital only challenger bank based in Germany, has installed Mambu’s software to power its online banking service. Prior to receiving its full banking license in 2016, N26 utilized a partner banks platform. After its banking license was approved,  N26 used an in house… Read More

June 13, 2017 @ 5:26 am By Erin Hobey  |  

Mambu, the core engine powering digital first banking and lending, has been named for the third consecutive year to the FinTech50 and won the Asian Banker Technology Innovation Award for Best Cloud Application 2017. The FinTech50, the annual list of Europe’s 50 hottest FinTechs, was the first list to… Read More

December 8, 2016 @ 5:07 am By Erin Hobey  |  

Mambu, the SaaS banking platform provider, announced the opening of its first office in the APAC region. Mambu’s APAC clients are spread across China and South East Asia as well as Australia and New Zealand, accounting for nearly a third of the company’s total business to date…. Read More

September 7, 2016 @ 1:41 pm By JD Alois  |  

Online banking software provider Mambu is reporting that it is experiencing accelerating growth. According to Mambu, during the past 12 months platform utilization has been growing by 10% month on month and is now being used to help manage $600 million.   Mambu was launched… Read More

June 15, 2016 @ 10:38 am By JD Alois  |  

Mambu, a SaaS alternative to legacy core banking software that allows financial firms to move quickly online, has partnered with several accelerators and incubators on a Fintech Startup Program. The new initiative is said to enable startups to build financing products faster and cheaper than… Read More

January 11, 2016 @ 8:50 am By JD Alois  |  

SaaS banking provider Mambu has raised €8 Million in a funding round led by CommerzVentures and Acton Capital Partners. CommerzVentures was established in October 2014 by Commerzbank AG as its corporate venture capital fund. Existing investors also participated in the most recent funding round. According to… Read More

December 3, 2015 @ 10:09 am By Samantha Hurst  |  

Mambu, the SaaS banking platform provider, announced on Thursday that RenMoney, a Nigeria-based consumer finance company, has selected the company as its core banking solution.  Following a rapid evaluation process, RenMoney looked to Mambu for its speed of implementation, cost-effectiveness and the flexibility of its… Read More

July 28, 2015 @ 10:58 am By Erin Hobey  |  

Mambu, the SaaS banking platform provider, today announced that Reparo Finance, an independently-owned business finance company  specializing in SME business lending, has selected Mambu to launch a new business line offering loans to small-to-midsize enterprises (SMEs) in the UK.  The company chose Mambu’s cloud-based platform… Read More

July 2, 2015 @ 10:54 am By JD Alois  |  

Cloud banking tech provider Mambu has forged an agreement with the Ferratum Group to power “Ferratum Business”.  This new subsidiary is a designed to provide SME financing and loan service. Mambu’s cloud based, SaaS, will help manage loan application, origination, credit scoring and loan disbursement… Read More