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.
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
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.
Mambu’s flexible product configurations can support all the variations of your BaaS businesses:
Mambu’s composable approach and extensive list of APIs allow you to create seamless integration and differentiated business models. Our ecosystem partners offer: