Tagged: mambu

UK’s SME Bank Recognise Financial to Use Mambu’s Cloud-Native Solution, Will Also Submit Application to Regulators to Operate as a Bank

UK-headquartered SME bank Recognise Financial has reportedly decided to use Mambu’s cloud-native solution in order to streamline its banking services. The solution will help the bank improve communication and enhance the speed of transactions for small and medium enterprises (SMEs). Monica Velasquez, CTO of Recognise,… Read More

Asian Fintech Startup Cheers Paytech Selects Mambu As Core Banking System

 Cheers Paytech, a Singapore-based fintech startup, announced this week has partnered with Mambu to provide the core banking technology for all wallet accounts to fuel growth. According to Cheers, this new collaboration will facilitate the backend movement of funds within the Cheers Wallet Engine. Founded… Read More

Mambu Signs First Brazilian Client Acesso

Mambu, a Berlin-based SaaS banking platform provider, recently announced it has formed it has signed its first Brazilian client, Acesso, a financial services company specializing in issuing and managing prepaid cards with a reputation for setting benchmarks in the country. Founded in 2010,  Acesso currently… Read More

Mambu Opens Second North American Office to Focus on Digitizing U.S. Legacy Banking Technology

Mambu, a Berlin-based SaaS banking platform provider, announced on Tuesday it has opened a second North American office to focus on digitalizing U.S. legacy banking technology. According to Mambu, the office will strengthen its service capacity and grow its U.S. commercial teams, by allowing it… Read More

Brief: Mambu Secures $34M in New SaaS-y Funding Round Led by Bessemer Venture Partners

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

SaaS Banking Provider Mambu Offers “Integration Platform as a Service”

Software as a Service (SaaS) banking software provider Mambu has announced the launch of “Mambu Process Orchestrator”(MPO). MPO is described as a natural extension of the Mambu core solution that is designed to support the “creation and operation of flexible and innovative banking architectures.” MPO… Read More

Ex-SAP CEO Henning Kagermann Joins Mambu’s Board

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

Mambu Launches New Marketplace For Financial Institutions

Mambu, a Berlin-based SaaS banking platform provider, announced last week the launch of its new marketplace for financial institutions. According to Mambu, the marketplace offers a choice of global and localized solutions which can be seamlessly integrated with the SaaS engine to rapidly address evolving… Read More

FolkeFinans Migrates Products to Mambu & Launches Revolving Credit Loan

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

Mambu: A Truly Global SaaS Banking Platform for Traditional Finance & Fintechs

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

Mambu to Power Lending for ABN AMRO’s New10 SME Lender

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

Digital Only Bank N26 Incorporates Mambu’s SaaS Banking Platform as Growth Ramps Up

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

Fuse, Lending Arm of Filipino Financial technology Firm Mynt, Powers Up with Mambu

SaaS banking platform Mambu has inked an agreemenet with Fuse, the lending side of Filipino Fintech firm Mynt. Mynt is part of a bigger company – leading Philippine telecom company Globe Telecom which happens to have has a customer base of over 60 million users…. Read More

Mambu Expands in America: Opens New Miami Office & Appoints Regional Managing Director

Mambu, a Berlin-based SaaS banking platform provider, announced on Thursday it’s kicking off 2017 by opening new Miami office and appointing a new regional managing director to meet the growing demand for its platform in North America, Canada, Latin America, and the Caribbean. The platform… Read More

Banking Platform Mambu Receives AWS Financial Services Competency Certification

Mambu, a software as a service (SaaS) banking platform, has received the Amazon Web Services (AWS) Financial Services Competency certification. Mambu states it will be one of the first companies to benefit from the new program that launched at re:Invent in Las Vegas. According to… Read More

SaaS Banking Platform Mambu Said to be Growing at 10% Month on Month

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

SaaS Banking Provider Mambu Launches Fintech Startup Program

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

Mambu Receives €8 Million from Acton Capital Partners & CommerzVentures

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

Nigerian Finance Company RenMoney Selects SaaS Platform Provider Mambu As Its Core Banking Solution

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

UK Reparo Finance Selects Mambu to Launch New Business Line: Targets SME Loan Market

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

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