Tag "Mambu"
Mambu Raises US$266 Million in Series E at a US$ 5.5 Billion Valuation
Software as a service (SaaS) banking platform Mambu announced that it has raised US$266 million (€235 million) in an EQT Growth-led Series E funding round. The funding brings the company’s valuation to US$ 5.5 billion (€4.9 billion) post money. Carolina
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Mambu Replaces Vietnamese Digibank Cake’s Core Banking Platform in Under 3 Months
SaaS cloud banking platform Mambu has worked with Vietnamese digital bank Cake, a collaboration between Be Group and VPBank, to replace its core banking technology in just 74 days. The core replacement project will enable Cake to rapidly launch flexible
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APAC Banks Lagging Behind on Digital Transformation
Banks across Asia Pacific are lagging behind the rest of the world when it comes to digitisation, with less than one third of banks in the region describing their digital transformation strategies as advanced or mature according to a new
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Vietnamese Digital Bank Cake Taps Mambu’s Cloud Platform to Scale Its Operations
Vietnamese digital bank Cake announced that it has selected cloud banking platform Mambu to scale its business towards offering a full suite of digital banking services. Launched in January 2021, Cake is a collaboration between Be Group, the organisation behind
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Digital Technologies to Bolster Islamic Finance Market in Indonesia
Banking and financial services platform Mambu released its research series named the Disruption Diaries which seeks to understand what people think of the key trends driving the development of financial services. In Mambu’s third edition, the firm conducted a global
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Mambu’s Finding Reveals Risks if Banks Do Not Evolve
Banking and financial services platform Mambu shares its “Reinventing Banks as Disruptors” whitepaper to help financial institutions get ready for the future of core banking. Technology is evolving faster than ever and it is becoming challenging for banks to continue
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Mambu: Fintech Innovation Could Solve Indonesia’s Financial Inclusion Challenges
A recent study of 2,000 global consumers by Mambu, a banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to
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Vietnamese Digital Bank Timo Taps Mambu’s Cloud Banking Platform
Vietnamese digital bank Timo announced that it is partnering with SaaS cloud banking platform Mambu to leverage the benefits of a cloud native core banking platform to significantly scale its business. Timo said that its “collaboration with both Mambu and
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Fintech Innovation Key to Improving Financial Awareness and Accessibility in Vietnam
A recent study of 2,000 global consumers by Mambu, a banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to
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Mambu Rolls Out Fully Digital Solution for SME Lenders to Fast Track Loan Approvals
Mambu, a SaaS cloud banking platform, has unveiled a fully digital solution for small and medium-sized enterprise (SME) lenders that cuts costs and speeds time to market. The platform provides banks and fintechs with robust, scalable loan management technology as
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