FinTech: Global, White-Label, SaaS-on-Cloud Banking Platform Mambu Now on Google Cloud

June 23, 2020 | FinTech, News

Berlin-based banking platform provider Mambu has tied up with Google Cloud.

Mambu, which calls itself the only true Software-as-a-Service (SaaS) banking platform, and the industry leader in cloud banking, has teamed up with Google (NASDAQ: GOOGL) Cloud. Mambu’s cloud-agnostic banking platform will now be available end-to-end, and around the world, to customers in 50 countries. Expansion into new locations now becomes very easy for Mambu customers.  (FinExtra)

End-to-end banking, on the cloud

With the partnership with Google cloud, Mambu is addressing the growing trend of financial institutions looking for cloud-based solutions.

The firm is now providing its end-to-end banking suite on the Google Cloud. Its core banking and lending engines include current accounts, loans, deposits, mortgages, and other financial products. Even a large number of third-party services can be easily integrated into its platform.

The Google cloud tie-up is already working since May. The platform was used for a customer floating a new digital bank in the Asia Pacific area.

“Our partnership with Google Cloud allows us to help customers grow as we can now stay closer to those who run their operations on Google Cloud and expands their horizon in terms of countries of operation,” said Ben Goldin, Mambu’s Chief Technology and Product Officer in a statement.

“With this partnership, banks and financial services organizations can extend their digital banking services, powered by Mambu, onto Google Cloud’s global, elastic, and secure infrastructure, helping them build scalable, customer-centric banking experiences,” said Chris Arisian, Director, Partnerships at Google Cloud.

VeriTran tie-up to launch digital banking apps in a matter of weeks

Earlier this month, Mambu announced its collaboration with VeriTran whereby the integration of VeriTran’s front-end capabilities with the cloud-native Mambu banking platform allows for the quick launch of digital banking apps.

“VeriTran’s Low-Code Platform provides a visual and intuitive Drag-and-Drop model. It allows clients to create customized apps in a fraction of the usual time. And without writing a single line of code,” the company said.

In May, Mambu partnered with Backbase, an omnichannel state-of-the-art digital banking software solution that unifies data and functionality from core banking systems and fintechs into a digital experience.

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