Transforming SME lending
Alba is a Glasgow-based challenger bank that understands the unmet challenges faced by SMEs and develops products and offerings to allow them to thrive.
Alba
About the customer
Alba migrated to Mambu’s cloud banking platform to manage its small and medium-sized enterprise (SME) lending services, as well as its retail and business deposits. On Mambu, Alba embraces a composable approach, enhancing its agility and speed to market.
Over the last five years, over half (58 per cent) of UK SMEs have been unable to secure any or sufficient funding to cover the needs of their business, on at least one occasion, according to a report by Mambu. And 93 per cent would consider switching lenders if a competitor provided a better service.
“We are delighted to work with Alba, Scotland’s newest bank. Now more than ever, the availability of finance is key to the success of all SMEs. ”
- Nick Lawler Market Director, Northern Europe Mambu
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