Simplifying everyday finances for Swedes with Mambu

Marginalen Bank, a Stockholm-based digital bank founded in 2010 successfully migrated from its legacy core to Mambu achieving rapid time to market for its new consumer and business deposits.

0K
customers and growing
+0bn
SEK in public deposits managed
0
months to complete full migration

Marginalen Bank

About the customer

Founded in 2010 following the acquisition of Citibank’s Swedish consumer bank, Marginalen Bank believes that as many people as possible should have access to simple and clear financial products.

The bank offers some of the market's best savings accounts, cards, insurance and various types of financing to people and companies. With the ambition to create greater margins in the customer's everyday life, Marginalen Bank is involved and fulfils goals and dreams.

The Marginalen Bank group has more than 300 employees spread over offices in Stockholm, Skellefteå and Hudiksvall and is owned by the parent company Marginalen AB. The bank is certified according to ISO 9001:2015 and operates under the supervision of the Financial Supervisory Authority.

The challenge

The need for modernisation

Facing an end-of-life legacy core system that hindered innovation, Marginalen Bank recognised the urgent need for a strong, scalable infrastructure.

Driven by a commitment to meet changing customer demands and rising regulatory pressures – alongside their mission to provide accessible financial products to all – the bank embarked on a modernisation journey.

They required a flexible platform that would enable rapid product development, efficient scalability, and consistent seamless financial experience for their customers.