Mambu offers a cloud banking platform to financial institutions to help them build sustainable financial products quickly and cost-effectively to meet consumer demands. Anna Krotova, Director of Sustainability at Mambu tells Qorus more about it.
What led to the creation of Mambu?
Mambu launched in 2011 after three masters students, working on a microlending assignment, found that banks’ operating systems were either outdated, non-existent or too complex to support microloans.
Mambu started with the ambition to bring banking and financial services technology into the digital-first world and to make it accessible for all. Dreaming big but wisely, Mambu began with servicing microfinance institutions and fintech startups. Within two years our engine was adopted by 100 microfinance organizations, in 26 countries worldwide. Today our customer list includes fintech startups, telcos and traditional banks. We operate on six continents and help customers constantly change the way financial institutions operate and innovate. We empower our customers to create great outcomes for their millions of customers – be they entrepreneurs in London, farmers in Kenya or SMEs in Brazil.
As the industry leader in cloud banking and fintech, we are taking on the €100 billion market of banking technology worldwide, and service more than 230 customers with over 77 million daily end users.
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