As a fully licensed fronting and service bank, Raisin supports the implementation of business models that require a banking license.
The adoption of more customer-focussed service models has pushed the growth of Banking-as-a-Service (BaaS) where licensed banks provide their infrastructure and functionality to third-parties. BaaS providers can, in combination with Mambu’s cloud-native banking platform, offer these services. Hosted on our robust, extensible, and secure infrastructure, we help drive speed and scalability.
Explosive 16%+ growth through 2030
The global BaaS market size is expected grow more than 16% by 2030. The market expansion is propelled by rising demand for financial services, rapid digitalisation, and the availability of Application Programming Interfaces (APIs).
The proliferation of mobile is an another reason in the rising popularity of online banking. Consumer preference is shifting towards using online banking to access various services, including cash transfers, account statements, and online purchases. (Grandview Research)Get in touch
Mambu’s key BaaS capabilities
Centralised ledger system
Consolidate multiple ledger systems and manage the customer account ledger system at one-go with Mambu.
Mambu’s infinitely scalable cloud platform allows you to manage the growth of transactions and accounts in an efficient and scalable way.