- Lender

Ibercaja Banco
Ibercaja Banco, one of Spain’s most established financial institutions launches a new personal lending spin-off, targeting 200,000 new customers within five years, powered by Mambu’s cloud-native platform.
BridgeFund goes live with deposits in just six months and will soon do the same with lending, scaling in the Dutch market and beyond with reliability and ease.
BRIDGEFUND
BridgeFund is a challenger SME lender based in Amsterdam. It provides an alternative financing platform that enables entrepreneurs to deposit money and in exchange earn interest, which entrepreneurs can then borrow to invest, without the intervention of a bank.
They are on a mission to bridge the financial needs of entrepreneurs and have already distributed more than €300 million across over 6,500 loans.
Growth ambitions vs legacy infrastructure
Securing funds is not always easy for small-to-medium-sized enterprises (SMEs). To fulfil their mission of bridging the SME lending gap, BridgeFund needed a robust platform that allowed for scaling with volume of their current products, while supporting new offerings and geographies.
Previously running on an in-house-built core banking system, BridgeFund chose Mambu as its cloud banking platform to free up resources and focus on innovation rather than maintaining legacy infrastructure.
“Our in-house system wasn’t built with large scale expansion in mind, so we had to look at alternatives - this is when we found Mambu. Mambu’s quick time-to-market meant we were online with deposits in just six months and are currently working on doing the same with lending.”
- Jeroen Groenewegen, CTO at BridgeFund
SME lending, done better
Together with Mambu, BridgeFund can expand its account volumes and product offerings with reliability and ease, while scaling in the Dutch market and facilitating expansion into new markets.
Mambu’s quick time-to-market meant they were online with deposits in just six months and are currently working on doing the same with lending.
From a legacy infrastructure to a flexible and agile platform, powered by Mambu, built for scale and growth.