NewTech Friday: Mambu – Delivering great modern financial experiences

09/09/2022Interview
profile picture of Anna Krotova

Anna Krotova

Mambu

Director of Sustainability

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. 

Want to keep reading?

Create a web account to get access to more insights

Related news & insights

ESG
24/11/2024News

TBC Bank Uzbekistan secures $10 million loan to empower women entrepreneurs

This funding, with 40% earmarked for lending to women, underscores the bank’s commitment to enhancing financial inclusion in Uzbekistan, Central...

Digital Reinvention
23/11/2024News

Bank Islam unveils advanced digital banking platforms

Bank Islam Malaysia has launched its next-generation digital banking platforms, BIMB Mobile (BIMB Mobile app) and BIMB Web (web.bimb.com), setting...

22/11/2024News

BBVA drives innovation with ChatGPT enterprise deployment

In just five months since distributing 3,000 licenses across all levels of the organization, 83% of users have adopted the...

21/11/2024News

Sumeria’s Café: Where banking meets community

French neobank Sumeria, a subsidiary of Lydia, has launched Un vrai coffee shop, a unique space open to all—customers and...

Digital Reinvention
21/11/2024News

Openbank launches in Mexico: A fully digital banking experience

Openbank, Grupo Santander’s fully digital bank, has officially entered the Mexican market, offering a cutting-edge, fee-free banking experience with competitive...

Digital Reinvention
20/11/2024Article

Revolutionizing financial services: The limitless potential of BaaS

In this article, Fatih Ogun, Head of Strategy at Akbank, sheds light on the concept of BaaS, its emerging use-cases...

SME Banking
20/11/2024News

Fairplay secures $35 million USD financing from BBVA Spark

Fairplay, a leading platform for working capital solutions for small and medium-sized enterprises (SMEs) in Mexico, has announced a new...

Digital Reinvention
20/11/2024News

Mastercard to eliminate passwords and card numbers for payments

Mastercard's approach combines tokenization, which protects sensitive data, with biometrics, ensuring transactions remain secure and efficient.