Mambu celebrates 15 years of powering next gen banking. * 5 hours ago Amsterdam, Netherlands - 26th March 2026 - Mambu, the leading SaaS cloud banking platform, celebrates its 15th anniversary, celebrating a decade and a half of helping financial institutions launch and scale modern banking services around the world. Founded in 2010 by three university students, Mambu began with a simple idea. After a field trip to Mozambique exposed the limits of traditional banking technology, the founders set out to build a new financial platform designed for speed, flexibility, and global reach. Since then, Mambu has grown into the leading cloud banking platform that supports more than 225 million end users worldwide and works with banks, fintechs, and financial institutions across more than 60 countries. Over the last fifteen years, Mambu has played a role in many of the key shifts that have defined modern banking: Building the cloud foundation (2010-2013) In 2011 Mambu launched one of the first SaaS banking engines built specifically for the cloud. By 2013 the platform was demonstrating the growing global demand for cloud-native financial infrastructure. Powering the neo banking wave (2015-2018) As neobanking gained momentum, Mambu became the platform of choice for a new generation of fintech innovators. Digital banks such as N26 used the platform to build and scale modern banking services across diverse markets. During this period Mambu introduced a fully API-driven architecture and launched the Mambu Marketplace, enabling banks to integrate specialist technology partners and accelerate product development. Scaling to global financial institutions (2020-2022) Mambu expanded beyond fintech challengers to support large-scale digital modernisation projects for established financial institutions. Organisations including ABN AMRO, Western Union, and Banco Estado selected the platform to power new digital banking initiatives. In 2021 the company raised €235 million at a €4.9 billion valuation and surpassed 50 million end users. Mambu also introduced multi-cloud availability, scaling its partner network across AWS, Google Cloud, and Microsoft Azure. Expanding the platform for the future (2024-2025) In 2024 Mambu acquired payments platform Numeral, adding native payment capabilities to its offering, officially launching Mambu Payments. The company also introduced enhanced Islamic Banking capabilities to support Shari'ah compliant financial services. The next chapter: intelligent banking infrastructure (2026-) As it enters its next phase, Mambu's mission is to make more possible in people's lives by enabling simple and easy access to financial services. By combining cloud native infrastructure with intelligent capabilities, the platform helps financial institutions deliver smarter, more adaptive financial services embedded directly into digital experiences to over 225 million end users. "From the beginning, our goal was to give financial institutions the technology they need to innovate and grow," said Fernando Zandona, Chief Executive Officer at Mambu. "Fifteen years later we are proud of what we have achieved together with our customers and partners, and we look forward to continuing to shape the future of banking." With customers spanning fintech startups, global banks, and financial institutions across more than 60 countries, Mambu remains focused on enabling innovation in financial services and supporting the future of digital banking. About Mambu Mambu is the world's only true SaaS cloud banking platform. Founded in 2011, it enables banks, lenders, credit unions, fintechs, retailers and other organisations to design and launch modern financial products with speed and flexibility. Its unique, composable approach allows independent components, systems and connectors to be assembled in any configuration to meet business goals and customer needs. The platform supports core banking, deposits, lending, payments and Islamic banking. Mambu offers a modular, future-ready and scalable product that grows with businesses. Whether launching a single product or transforming an entire banking stack, Mambu provides the agility and reliability needed to succeed in today's financial landscape. More than 260 customers in over 65 countries rely on Mambu, including Western Union, Commonwealth Bank of Australia, N26, BancoEstado, Raiffeisen Bank, ABN AMRO and Bank Islam.

Nyla leverages Mambu core banking to launch shari'ah-compliant neobank. Powered by Nyla and Mambu partner to power Africa's first shari'ah-compliant neobank launch. Nyla and Mambu announced a partnership to launch Africa's first Islamic neobank in Ghana this June, using Mambu's core banking platform to deliver scalable Shari'ah-compliant digital services. The collaboration targets 10,000 sign-ups and $500,000 in transactions in the first month, with over 33,000 users currently on the waitlist. The move addresses Africa's 2% share of the $7 trillion global Islamic finance market. Announcement specifics. Nyla will leverage Mambu's API-driven, cloud-native core banking engine hosted on AWS for account creation, product configuration, balance management, and transaction processing. Initial offerings include digital current and savings wallets, peer-to-peer transfers, bill payments, and card-linked accounts. The June 2026 launch in Ghana will be followed by expansion into Nigeria, Senegal, and Gambia over 24-36 months, targeting 400,000 users by year-end. Stakeholder perspective A. "Our long-term ambition is to build the largest Islamic bank in the world. By combining ethical banking principles with scalable technology, we aim to confront financial exclusion with a lasting and practical solution. Collaborating with Mambu gives us the foundation to execute that vision with speed and compliance." - Mubarak Sumaila, CEO at Nyla Why it matters: This underscores Nyla's strategic vision to address financial exclusion for millions across underserved Muslim communities in Africa. Stakeholder perspective B. "Our platform is purpose-built to support Islamic and non-interest banking products, enabling institutions to innovate while maintaining compliance and operational resilience. This collaborative partnership reflects the growing demand for modern, scalable Islamic digital banking solutions." - Mark Geneste, CRO at Mambu Why it matters: Mambu's technical infrastructure enables compliant scaling without requiring custom-built solutions, accelerating time-to-market for Shari'ah-compliant products. Industry context. Islamic finance exceeds $7 trillion globally, yet Africa holds just 2% of this market despite rising demand for ethical financial services. Neobanks like Nyla fill critical gaps in digital access by using composable banking platforms for rapid product innovation while maintaining religious compliance standards. In West Africa, where financial inclusion remains low, Nyla's mobile-first model provides Shari'ah-compliant alternatives that could onboard hundreds of thousands of users and stimulate local economies through ethical banking products aligned with Islamic principles. Conclusion. Nyla plans to introduce additional products including debit cards, remittances, buy-now-pay-later services, Sukuk, and business banking services, positioning the neobank to capture significant market share and establish a new standard for Islamic fintech across the African continent. Reach industry leaders, innovators, and decision-makers in the fintech community. Submit Your PR

Mambu expands its payments hub beyond europe into Asia and Latin America. * Mambu is expanding its payments hub globally, launching in new markets across EMEA, Latin America, and Asia Pacific. * The global move comes in response to growing demand from banks and fintechs operating across multiple payment schemes and jurisdictions. * Mambu's API-first payments hub extends the company's composable core banking offering to help institutions modernize and scale payments alongside lending and deposits. Cloud banking platform Mambu is expanding its payments hub into new global markets this year, with plans to launch in additional markets in EMEA, Latin America, and Asia Pacific. Mambu said demand from global banks and fintechs operating across multiple payment schemes and jurisdictions drove this week's expansion. Mambu was founded in 2011 and emerged as one of the pioneering players to move banking software to the cloud. The company's composable banking approach offers a plug-and-play approach to core banking that helps firms shift away from legacy platforms and build to scale. As payments become a more central part of Mambu's long-term platform strategy, the company is positioning its payments hub as a natural extension of its core banking business. "For years, Mambu's core banking platform has long been the engine behind hundreds of the world's most innovative financial players. Payments are now a cornerstone of our strategy as we help institutions navigate the industry's growing complexity," said Mambu VP of EMEA Leon Stevens. "We are poised to help modernize core infrastructure and accelerate innovation across the entire banking stack - from lending and deposits to payments and beyond." Launched in 2025 and fueled by the acquisition of payment gateway company and Finovate alum Numeral, Mambu's payments hub aims to help firms modernize their entire payments stack with an API-first payments hub. With native straight-through processing, orchestration, liquidity, reconciliation, fully-managed connectivity to local and global payment schemes, and composable payment workflows, Mambu's payments hub facilitates a faster, lower cost approach that can easily be scaled. From an execution standpoint, Mambu sees growing complexity across global payment ecosystems as a key driver behind the expansion. "Payments are becoming more global and more local, more interconnected and more fragmented, and now move in real-time," said Mambu VP Payments Edouard Mandon. "This complexity makes scaling payments across multiple markets challenging. To solve this, we have expanded our payments hub to give institutions access to local schemes while maintaining a consistent integration and operational experience. This continues our investment in connectivity at scale, which increasingly includes next-generation rails, to deliver payment solutions truly built for the future." Since launching, Mambu's payments hub processed seven times as many payments in 2025 than what it did in 2024 when it was under the Numeral brand. Also in the nine months since launch, the company added European and global financial institutions, including Western Union, BCB Group, Flowe, and Spendesk. As payments become increasingly global, the subsector is becoming a strategic battleground for banks as they seek to grow and modernize their technology stacks, especially as payments mix real-time, legacy, and new payment rails across multiple regions. Offering the ability to standardize integration while natively embedding payments into its composable banking platform will ultimately help Mambu's clients scale faster while limiting complexity. Mambu plans to continue expanding connectivity to major payment rails worldwide in an effort to help banks support payment schemes through a single platform. The company notes that its geographical expansion marks the next phase of its international growth, especially as it further builds out global core banking and payments infrastructure.