Enhancing payment services
Nicaragua
CashPak, a Nicaragua-based financial technology company, has selected Mambu’s cloud-native core banking platform to underpin its services and allow for more rapid and efficient payments involving interbank and international transfers, collections and remittances.
The move will increase CashPak’s transactional capacities as it expands and in its quest to bolster financial inclusion in Central America.
CashPak is a financial app that allows consumers, merchants and businesses to receive, transfer and spend with flexibility and a digital-first approach.
Together, we look forward to improving the quality of and access to financial services for customers in Central America.
On Mambu’s cloud banking platform, CashPak can adapt its offerings and create new ones, all while reducing deployment times and adhering to top-notch security and information protection protocols.
Raúl Madriz, Chief Digital Officer at CashPak: “Both our growth and profitability stem from the continuous evolution and speed with which we deliver value to our clients. We chose to modernise our processing platform with Mambu, so we can meet changing customer demands and set the foundations for future growth and geographic expansion. With Mambu as a strategic technology partner we can enhance our offering and support financial inclusion for the markets in which we operate, where historically half the population has gone unbanked for generations. Together, we look forward to improving the quality of and access to financial services for customers in Central America.”