Mambu

Mambu was launched in 2011 with the vision to enable access to modern financial services for all. They make this possible by providing a cloud-native banking platform that not only competes with core products from traditional players but changes the market through their composable banking approach. Mambu are bringing SaaS to banking at a time when it’s needed the most.

Around the world, Mambu’s customers range from top tier banks like ABN AMRO and Santander, to leading venture-backed fintechs like N26 and OakNorth, to telcos like Globe Telecom. In Australia, their customers include disruptive lender Nimble, emerging neo-bank Hay and leading payments specialist Tyro. Mambu enable these organisations to build a modern banking or lending offering, in the cloud, by composing a best-for-purpose solution for their needs which is an order of magnitude more agile and cost-effective than the legacy approach to core banking.

As a result, Mambu are taking on the $250B market of banking technology worldwide. They’re currently a team of over 250 people spread between the main offices in Amsterdam, Berlin, Singapore, London, Iași (Romania), Miami and Sydney servicing over 160 customers with more than 20 million end users in 60+ countries. Mambu have raised over €42M to date with the latest round led by Bessemer Venture Capital in SF.

Built from the cloud up, Mambu is a powerful alternative to the costs and complexity of traditional core banking systems or custom in-house solutions.