Each year, the FinTech50 identifies the 50 top financial technology providers to watch. Those included in the 2020 list were selected from more than 2,000 fintechs across Europe by an international panel of investors, buyers and champions of innovators in the sector. In addition to the ranking, the panel selects one separate company to join the FinTech50 Hall of Fame, which pays tribute to companies that have demonstrated pioneering spirit and competitive staying power in the industry.
Mambu, the 2020 Hall of Fame selection, has appeared on the FinTech50 list three times: in 2015, 2016 and 2017. Mambu is changing the market through its composable banking approach, which is the quick and flexible assembly of independent banking systems. Through this platform, Mambu enables customers to build a modern banking or lending offering in the cloud by composing the best product for their individual needs. Mambu’s solution is more agile and cost-effective than the legacy approach to core banking.
“Being named to the FinTech50 Hall of Fame is a significant accomplishment for the Mambu team and demonstrates our consistent innovation over the years,” said Johanna Pugh, North America Managing Director at Mambu. “We are honored to be among numerous fintechs who are transforming financial services in this challenging and unprecedented time. Our strong foothold in the European sector positions us well as we expand in North America.”
The FinTech50 list, in its 8th year, features established brands alongside 19 new companies. This year’s list reflected innovation, a relevant topic to people, business and financial services at the moment.