Mambu

Mambu enables innovative banking providers to rapidly create, launch and service loan and deposit products through its cloud banking platform. An alternative to legacy core banking software, Mambu accelerates time to market for new consumer and SME banking products via digital channels, at a fraction of the cost. Established in 2011, the company has deployed in more with more than 130 locations in 33 countries worldwide, servicing a portfolio of more than a million accounts. Clients leverage… Mambu enables innovative banking providers to rapidly create, launch and service loan and deposit products through its cloud banking platform. An alternative to legacy core banking software, Mambu accelerates time to market for new consumer and SME banking products via digital channels, at a fraction of the cost. Established in 2011, the company has deployed in more with more than 130 locations in 33 countries worldwide, servicing a portfolio of more than a million accounts. Clients leverage Mambu’s banking engine to launch consumer and MSME-focused banking products in a digital-first business model seeking to serve underserved markets and disrupt traditional banking around the world.Here is some background on why CommerzVentures invested into Mambu: https://www.linkedin.com/pulse/why-we-invested-mambu-stefan-tirtey