The fintech pioneer selected Mambu to power rapid global expansion.
Ferratum Group wanted to rapidly expand CapitalBox (formerly Ferratum Business) to various countries with innovative new products customised to each market’s needs. The fintech pioneer needed a solution to help them grow the business, increase speed to market and integrate with existing systems. Mambu helped them transform operations to power rapid global expansion.
CapitalBox
About the customer
Ferratum Group faced a lengthy and painful rollout due to the inflexibility of the in-house built core banking system. They had to look externally for a composable, stable and scalable solution that could easily connect to current systems and internal analytics, and decision engines. Mambu's engine was selected due to its high flexibility, scalability and capacity to accelerate the time-to-market for Ferratum's new lending entity.
With the main objective to avoid hard-coded integrations, CapitalBox chose Mambu's composable archtitecture, which would ensure a centralised platform that wasn’t country specific and that could be easily configured.
“We can quickly and efficiently address a globally underserved segment of the market with a diverse range of SME products.”
- Director of Business lending, CapitalBox
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