Mambu enables Folkefinans’ growth strategy
Nordic fintech pioneer migrates products to Mambu and launches revolving credit loan.
Founded in 2006, Folkefinans AS is a Norwegian finance and credit company with branches in Sweden, Finland and Estonia. Folkefinans is delivering higher customer value than market alternatives through truly digitalized operations and processes enabling easy and accessible products and services as well as quick response rates.
Folkefinans chose Mambu for its flexibility and scalability which allows the lender to keep focus on launching new products to meet changing customer and regulatory requirements, and to power its long-term growth strategy.
Folkefinans chose Mambu
As part of its growth strategy, Folkefinans has migrated existing products across all geographies to Mambu within a year and has introduced a new product. The revolving credit loan has been available in Sweden and Norway starting from April 2018 and has provided Folkefinans' customers with more choice and flexibility.
Mambu’s functionality matched our requirements perfectly: it integrates seamlessly with our existing ecosystem and is highly configurable, making it easy to cope with regulations.