Universo is Sonae Group's financial services business line which aims to transform the way families and small businesses manage finances, through simple and innovative financial solutions.
Mambu will help Universo iterate products faster and expand their digital offering further. The brand already developed and launched revolving loans for credit cards and fixed term loans to its one million customers.
Carlos B. David, COO of Universo, commented: “Universo selected Mambu because of its flexible approach to building financial products. Customers’ needs are changing constantly, and they demand more financial solutions than ever before. Mambu's team have proven to us that the design of their product will enable us to combine exactly the systems we needed to architect a great solution.”