Mambu and Mia-FinTech join forces to power financial innovation bringing digital solutions to market faster
18 May 2023 – Mia-FinTech, the fintech startup enabling banking and financial institutions to evolve towards open finance, and Mambu, a leading cloud banking platform, embark on a new partnership.
The goal of the partnership is to accelerate the delivery of digital financial products and services thanks to the combination of Mambu’s SaaS, API-driven technology for banking and financial services with Mia-FinTech’s open, composable and modular platform and financial industry-specific accelerators. Mia-Fintech acts as a system integrator, providing an orchestration layer to connect with various partners in Italy and driving the seamless adoption of Mambu’s cloud banking platform.
To compete in today’s fast- paced landscape, financial organizations need a modern technology infrastructure that scales with them. The composable approach to banking that Mia-FinTech and Mambu provide ensures joint customers don’t outgrow tech stacks and can seamlessly build the digital solutions that customers demand. With its expertise in system integration, cloud infrastructure and kubernetes management and our core banking engine, we are teaming up to accelerate change for the financial sector in Italy, facilitating an integrated and secure composable architecture combining Mambu and Mia Fintech components.Victor Indiano, Regional Manager, Southern Europe at Mambu
To be competitive in today’s market and to generate value and revenue for stakeholders, companies need to be flexible and responsive to change. While, on the one hand, digital transformation has enabled the creation of increasingly advanced, resilient, and adaptable software architectures and IT services, it is important for businesses to acquire the tools, including methodological skills, to take advantage of these capabilities.
The composable approach is the answer to the need for flexibility in IT organizations and businesses. The system design principle provides software components that can be reused and assembled in various combinations to meet specific user requirements.
We strongly believe that collaboration is key to success, and this is especially true in the financial world. Banking and financial institutions are more and more relying on the cooperation with multiple partners to drastically reduce delivery cost and time to market for new digital products. Thanks to the composable approach fostered by Mia-FinTech and Mambu, our customers can accelerate digital transformations and create new digital solutions.Bruno Natoli, CEO of Mia-FinTech
Mambu is the world’s only true SaaS cloud banking platform. 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.
Our unique composable approach means that independent components, systems and connectors can be assembled in any configuration to meet business needs and end user demands.
Mambu has 900 employees that support 280 customers in over 65 countries – including Western Union, Commonwealth Bank of Australia, N26, BancoEstado, OakNorth, Raiffeisen Bank, ABN AMRO, Bank Islam and Orange Bank.
Discover more: www.mambu.com
Mia-FinTech is the fintech startup based on the experience acquired by Mia-Platform, the leading Italian tech company that has revolutionized the end-to-end creation of digital platforms, in the banking and financial industries.
Its cloud native platform enables financial institutions to develop and create new digital services in a fast and scalable way, and to evolve towards Open Finance thanks to API, microservices and Fast Data, in full compliance with applicable laws and regulations.
With the claim “Evolve your Bank in a modern FinTech company”, Mia-FinTech fills the gap between traditional banks and modern omnichannel digital banks.