Cross-border digital banking
In 2018, TBC Group in Georgia created a neobank that exists only as a mobile app, without traditional branches and no physical presence. In a way, TBC launched its own competitor. Structured as an autonomous business line, Space Neobank provides customers with the full range of retail banking services including loans, saving products and payment cards.
Space International
About the customer
Space Neobank was launched on Mambu in a record time of eight months. Mambu’s cloud-native approach gave TBC’s Georgian operation unparalleled flexibility, swift time to market and maximum security.
Interview with Nika Kurdiani, CEO of Space International & Deputy CEO of TBC Bank Group PLC, and Giorgi Kapanadze, CPO at Space International.
In October 2020, following the neobank’s success in Georgia, TBC continued to expand regionally and launched a neobank in Uzbekistan. Due to Uzbekistan’s data residency laws; however, the new entity couldn’t be launched on Mambu and was set up on a core banking system that runs on-premise.
“TBC, in a way, created its own competitor in Georgia.”
- Nika Kurdiani CEO, Space International
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