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Technology news for Kiwi CFOs and financial decision-makers

Mambu news stories

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Mambu
Half of A/NZ SMEs unable to secure adequate funding - report
"While many large businesses managed to thrive throughout the pandemic thanks to various government supports and incentives, SMEs have had it much tougher."
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Small and Medium Enterprise / SME
Mambu report shows 68% of SMEs struggle to secure funding
Mambu has released a new report indicating that more than two-thirds of SMEs in Southeast Asia have struggled to secure funding in the last five years.
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Cloud
Fintech innovation is bridging financial divides in Asia Pacific - report
A new report shows fast-paced fintech innovation in Asia Pacific has a measurable, positive impact on access to financial services in the region.
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Fintech
Mambu raises $235 million in latest funding round, sets sights on global growth
Mambu, the modern SaaS banking platform, has announced it has raised $235 million in an EQT Growth-led Series E funding round, the largest financing round to date for a banking software platform.
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Finance
Retail sector set to account for almost half of embedded finance market
Embedded finance is set to be worth US$3.5 trillion to the global retail sector, according to a new report.
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Banking industry
The next 5-10 years will make or break APAC banks, report finds
“Digital transformation can’t be viewed as a long-game anymore, and in fact three in five APAC banks believe they will cease to exist within the next five to ten years if they don't change the way they operate. That’s a very sobering statistic."
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Cloud
Fintech innovation exploding, NZ jumps in rankings
"New Zealand is clearly punching above its weight in terms of fintech innovation."
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Fintech
Why open banking shouldn’t be seen or heard
To truly be customer-centric, it’s time to stop talking ‘open banking’ and show consumers that it’s simply ‘smart banking’, using modern technology to deliver better financial – and social – outcomes.
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Cloud Banking Solutions
Mambu launches Sharia-compliant banking platform
Mambu states that 1.8 billion Muslims are being underserved in the banking market, in part due to a lack of Sharia-compliant solutions.
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Cloud Banking Solutions
Video: 10 Minute IT Jams - Mambu GM on the benefits of cloud banking
This is our second IT Jam with a representative from Mambu: Today, it's Kristofer Rogers, the company's general manager for ANZ. 
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Cloud Banking Solutions
Technology decisions can make or break a digital bank
Adapting to change used to be a bank’s biggest liability. Now it can be its biggest asset.
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Fintech
Video: 10 Minute IT Jams - Who is Mambu?
Mambu is a SaaS banking platform, providing technology to banks and others to power lending, deposit and other banking products.
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Cloud
SaaS banking 'unicorn' Mambu eyes APAC expansion
This latest funding round was backed by TCV, which is a capital investment firm that has backed the likes of Airbnb, Expedia, LinkedIn, Netflix, and Zillow.
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Digital Transformation
Backbase and Mambu partner to continue to evolve banking industry
“Mambu and Backbase are united in our goal to transform the banking industry. We enable banks to break free from legacy applications and successfully compete in a digital-first world."
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Digital Transformation
SaaS banking engine Mambu gains 'Challenger' spot in Gartner MQ
Software  as a service (SaaS) banking engine Mambu has been positioned as a challenger in Gartner’s 2019 Magic Quadrant for Global Retail Core Banking.