MIAMI–(BUSINESS WIRE)–CB Insights named Mambu, a leading SaaS cloud banking platform, to its fifth annual Fintech 250 list for the third consecutive year. The list recognizes the 250 most promising private fintech companies in the world. Mambu was recognized in the core banking and infrastructure category.
“For financial institutions to remain resilient today, they must provide innovative, personalized experiences for their customers. In doing so, it is important to partner with a solution provider that offers the robust technology and flexible platform they need to deliver modern financial experiences,” said Robin Smith, Regional Vice President, North America, Mambu. “The recognition from CB Insights is a result of the team’s hard work to build a cloud banking platform that the world’s most successful financial brands rely on.”
Launched in 2011, Mambu tracks the design and construction of nearly every type of financial offering for banks of all sizes, lenders, fintechs, retailers, telcos and more. Mambu experienced tremendous growth over the past five years, achieving unicorn status in 2021 and adding several new partners to its existing ecosystem of more than 200 consultants, system integrators and technology partners.
Mambu’s unique composable approach means that independent components, systems and connectors can be assembled in any configuration to meet business needs and end-user requirements. With its API-enabled solution and customer-centric approach, Mambu continuously iterates and configures to keep pace with changing customer and market demands in more than 65 countries.
“This year’s Fintech 250 winners are shaping the future of financial services, from payments and banking to investments and insurance,” said Brian Lee, SVP of CB Insights’ Intelligence Unit. “Representing more than 30 countries, these companies are creating safer and more efficient ways to pay, transforming how traditional banking, insurance and investment products are delivered. Together, they not only make financial services more convenient for users, but also make them accessible to more people, especially traditionally underserved populations around the world.”
Using the CB Insights platform, the research team selected these 250 winners from a pool of over 12,500 private companies, including applicants and nominees. They were selected based on factors including R&D activity, proprietary Mosaic results, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength and technology novelty. The research team also reviewed over 2,000 analyst briefings submitted by applicants.
About Mambu
Mambu is the world’s only true SaaS cloud banking platform. Launched in 2011, Mambu tracks the design and construction of nearly every 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 requirements. Mambu has 900 employees supporting 230 clients in over 65 countries – including Western Union, Commonwealth Bank of Australia, N26, BancoEstado, OakNorth, Raiffeisen Bank, ABN AMRO, Bank Islam and Orange Bank. www.mambu.com
About CB Insights
CB Insights builds software that enables the world’s best companies to discover, understand and make technology decisions with confidence. By combining data, expert insights and work management tools, clients manage their end-to-end technology decision-making process at CB Insights. To learn more, please visit www.cbinsights.com.
