PRESS RELEASE

Mambu acquires payment technology provider Numeral, bolstering its market position to target new growth opportunities
5 December 2024
The acquisition marks a strategic move by the cloud banking leader to extend its payment capabilities for customers, as Mambu eyes market expansion and accelerated growth in support of long-term plans.
Numeral’s platform will be integrated into Mambu’s core banking offerings, with advanced payment solutions technology, to accelerate and advance the next generation of financial products.
Amsterdam, Netherlands: Mambu, a leading cloud banking platform, has announced the acquisition of Numeral, a French payment technology provider for banks and fintechs.
The acquisition strengthens Mambu’s position as an industry leader, in a move that underscores market confidence and growing demand for modern financial experiences. The addition of advanced payment capabilities represents a significant investment in the next phase of Mambu’s growth as an established market player.
With Numeral’s platform, Mambu is set to drive new value from wider audience segments that will increase its overall share of the market. It also offers a unique strategic fit to the foundation of the cloud banking leader’s long-term expansion efforts.

“This acquisition marks a considered move to deliver a more modern, comprehensive payment offering which is now an integrated part of Mambu’s product portfolio. Numeral’s advanced payments platform will enable us to address changing customer demands, strengthen existing product lines and expand our market reach, while offering businesses advanced capabilities to meet an extensive range of needs.”

Fernando Zandona

CEO, Mambu