The move will see Dineo Crédito migrate from its in-house core system to Mambu, where it plans to launch innovative lending products for its growing customer base in Spain.

Part of the Spanish Fintech Chamber and Asociación Española de Micropréstamos, Dineo Crédito is committed to promoting financial inclusion and has already helped 1.2 million borrowers, providing them with crucial financial support. With a unique digital and physical presence spread across Spain and Portugal, its strong commitment to ethical lending has gained considerable traction within the Cash Converters group in recent years. The simplicity and agility of Dineo Crédito's products have already garnered positive feedback from customers, setting it apart from competitors.

On Mambu’s modern core, Dineo Crédito can capitalise on its flexibility to compete in a dynamic market and ensure it is able to stay ahead amidst the evolving regulatory landscape.

"We were in search of a player that could help us co-create our product roadmap and support us through our digital transformation journey more efficiently and effectively." said María Sánchez, Head of Dineo Crédito. "Mambu's proven track record with lenders, breadth of possibilities the platform offers, and close collaboration throughout the process made it the perfect fit for our needs.”

Running on Mambu, Dineo Crédito aims to expand its lending portfolio to include more traditional lending products with higher loan amounts and longer terms. This move will enhance its strategic edge, offering diversified financial solutions to attract a broader range of borrowers.