The list recognizes the 250 most promising private fintech companies in the world. Mambu was recognized in the core banking and infrastructure category.

"For financial institutions to stay resilient today, they need to provide innovative, personalized experiences for their customers. As they do so, it is vital to partner with a solutions provider that offers the robust technology and flexible platform they need to deliver modern financial experiences," said Robin Smith, Regional Vice President, North America, Mambu.

Launched in 2011, Mambu fast-tracks the design and build of nearly any type of financial offering for banks of all sizes, lenders, fintechs, retailers, telcos and more. Mambu experienced tremendous growth over the past five years, attaining unicorn status in 2021 and adding multiple new partners to its existing ecosystem of more than 200 consultants, system integrators and technology partners.

Mambu’s unique composable approach means that independent components, systems and connectors can be assembled in any configuration to meet business needs and end user demands. With its API-enabled solution and customer-centric approach, Mambu continuously reiterates and re-configures to keep up with changing customer and market demands in more than 65 countries.

"This year's Fintech 250 winners are shaping the future of financial services, from payments and banking to investing and insurance," said Brian Lee, SVP of CB Insights' Intelligence Unit. "Together, they not only make financial services more convenient for users, but also make them available to more people, especially traditionally underserved populations around the globe."

Utilizing the CB Insights platform, the research team selected these 250 winners from a pool of over 12,500 private companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed over 2,000 of analyst briefings submitted by applicants.