Mobiquity and Mambu Partner to Offer Software as a Service Banking Capabilities to Global Financial Services Leaders

Author
Mobiquity Inc.
Publication Date
23 April 2020

Mobiquity and Mambu Partner to Offer Software as a Service Banking Capabilities to Global Financial Services Leaders

Mobiquity teams up with Mambu to bolster existing authority in digital solution creation for the financial services sector

AMSTERDAM – April 23, 2020 – Mobiquity, a digital consultancy that designs and delivers compelling digital products and services for the world's leading brands, announced today a new partnership with Mambu, a true SaaS banking and lending platform that offers scalable, secure, cloud-native technology. Mobiquity has been strategically partnering with leading solution providers in the digital banking ecosystem to provide a complete suite of offerings for financial services institutions looking to embrace digital transformation. With this newest partnership, Mambu will allow Mobiquity to further advance its digital banking offer through delivering value propositions to financial services providers that create unique customer experiences and inspire agility and flexibility for the customers they serve.

Financial services providers are currently struggling with high cost-income ratios, which is increasing regulatory pressure and changing customer demands for technological innovation. To meet these demands, Mobiquity will help fintech players take advantage of Mambu’s SaaS banking technology to create efficient, innovative and legacy-free organizations. This is important because the future of digital banking will rely on agile solutions, like Mambu’s, that are cloud-native.

Traditionally, banks were built to last. But today, they need to be built with the ability to evolve. Composable banking helps with just that and is a new approach to banking technology that’s faster and more adaptable. Using this method, Mambu’s API-enabled architecture enables banks to plug in integrations for simple, streamlined and automated customer journeys. Through a single codebase in a SaaS model, Mambu can be, and is, updated frequently in a seamless way enabling constant evolution.

“Our partnership with Mambu allows us to extend our service offering to the core banking layer, next to our existing solutions, and serve our clients full circle on all layers,” said Paul van Dommelen, Client Strategy Partner & Account Executive Financial Services EMEA at Mobiquity. “Furthermore, Mambu's reputation as the most successful next-generation core banking provider adds perfectly to our goal to accelerate and increase innovation in the financial services sector."

“Mobiquity delivers market-leading digital products and services used by millions of people daily, and we are very excited to expand our partnership with them. Through this partnership, we will bring to market innovative solutions that combine Mambu’s composable banking approach with Mobiquity's methodology and engineering capabilities. Our customers will benefit from elegant pure SaaS solutions enabling unique customer-centric experiences," commented Remco Dam, VP Channel & Alliances at Mambu.

Mambu’s pure SaaS platform with banking and lending capabilities has now been added to Mobiquity’s expanding network of partners enabling global projects to achieve better results.

About Mobiquity
Mobiquity is a digital consultancy that partners with the world's leading brands to design and deliver compelling digital products and services for their customers. Its approach balances human needs with usefully applied technology, unbound creativity with research and analytics, and agile development with strict engineering and security standards. Mobiquity's end-to-end services consider every dimension of a digital business from marketing to IT, providing strategy, experience design, product engineering, cloud services and analytics. Mobiquity has extensive experience in creating new greenfield digital banks and new labels for our Fintech and incumbent banking clients. Based on this experience, Mobiquity has set up and defined general designs, frameworks, workflows and building blocks that accelerate the setup of a new bank, ensure a short time to market and make use of proven best practices.
To learn more, visit https://mobiquity.com

About Mambu
Mambu was launched in 2011 with the vision to enable access to modern financial services for all. We make this possible by providing a modern cloud-native banking platform that not only competes with core products from traditional players but changes the market through our composable banking approach. We’re bringing SaaS to banking at a time when it’s needed the most. Our customers range from top tier banks like ABN AMRO and Santander, to leading venture-backed fintechs like N26 and OakNorth to telcos like Globe Telecom. We enable them to build a modern banking or lending offering, in the cloud, by composing a best-for-purpose solution for their needs which is an order of magnitude more agile and cost-effective than the legacy approach to core banking. As a result, we’re taking on the $250B market of banking technology worldwide. We’re currently a team of over 250 people spread between our main offices in Amsterdam, Berlin, Singapore, London, Iași (Romania), Miami, Sydney and Vilnius servicing over 160 customers with over 20M end users in over 60 countries. We’ve raised over €42M to date with the latest round led by Bessemer Venture Capital in SF. For more information, please visit our website or connect with us on Twitter, LinkedIn and Facebook.

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