- Report - Feb 5, 2021
MAMBU FOR BANKS
Building better banking
Incumbent banks and challengers alike are facing increased expectations to deliver fast, frictionless, digital services to their customers.
To get and stay ahead, banks require a cloud-native platform to break away from costly and restrictive legacy infrastructure. Enter Mambu.
The next generation of financial services
Financial institutions need to stay one step ahead of what consumers wants and the market demands. Mambu provides the core technology to get you there.
- Launch and update features in weeks, not years
- Scale with ease, branching into new products and geographies
- Pay for only what you use with a SaaS model
WHAT TO EXPECT
Outperform with Mambu's banking platform
Deposit growth
Mambu’s bank customers outperform average deposit portfolio growth vs. like-for-like peers by 18%.
Product tailoring
Mambu customers save up to 35% on product customizations and changes.
Cost benefits
Mambu’s cloud based platform is 35-50% more cost effective than legacy providers, making Mambu attractive to smaller banks as well as global institutions.
Low code UI
Banks don’t need coding experts to use Mambu. The intuitive low-code/no-code user interface supports a 90% reduction in time for system changes.
CUSTOMER CASE STUDY
Deposits use case followed by lending
Q3 2020
Enhanced deposit and pay capabilities
including pockets for money management, pay and spend capabilities, and value added features
18-24 months after launch
Launched with basic deposit capability including current & savings accounts and time deposits
6-18 months after launch
Launched lending offering
including consumer and multipurpose loans, working capital loans and bank guarantees, and investment financing
The results
- growth in deposits portfolio
- total loan portfolio
- monthly growth in accounts
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