Digibank Aspirant Selects Mambu for to Build its Digital Bank UNO in Philippines
by Fintech News Singapore November 24, 2020DigiBankASIA, a Singapore-headquartered fintech currently building its digital bank dubbed as UNO, has selected cloud banking platform Mambu for its technology platform.
The company has selected Philippines for UNO’s pilot launch and they said that they are currently working with the regulators to obtain the necessary license.
UNO is said to have an AI-first approach where its Cognito platform weaves in AI into customer onboarding, transaction authorisations, alternate data based credit scoring, product and interface personalisation at an individual level as well as advanced security, risk and privacy management patterns.
Manish Bhai, CEO and Co-Founder of UNO said,
Manish Bhai
“We selected Mambu’s SaaS banking platform because composability and being cloud-native were top of our list of requirements – we knew that’s what was needed to be able to build the bank we envisaged. Our partnership with Mambu has helped us to bring UNO to life and we look forward to continued collaboration.”
Myles Bertrand, Managing Director APAC, at Mambu, said,
Myles Bertrand
“What DigiBankASIA is bringing to the Philippines with UNO is a totally unique experience – for the first time ever in this region people will have access to an AI-first, fully composable, all cloud, full stack digital bank, opening up the world of financial services to the millions of Filipinos who are currently excluded.”
