Launching Mambu Payments, Mambu, the global cloud banking firm, has expanded its composable banking platform and is looking to help financial institutions modernise core infrastructure and accelerate innovation across the entire banking stack.
In December 2024, Mambu took its first step into the end-to-end payments capabilities space and acquired payments technology provider Numeral. Now, the company is building on this and offering advanced, composable capabilities that integrate seamlessly into any core banking ecosystem.
This move will be especially effective for financial institutions facing regulatory pressure, the rise of instant payments and industry-wide shifts like ISO 20022, and increasing customer expectations for speed and reliability. Modernising payment infrastructure, Mambu connects institutions to a growing network of pre-integrated clearing systems, partner banks, and payment schemes, while enabling end-to-end automation through a modern payments hub.
Mambu Payments is quickly gaining traction – longstanding Mambu customers are building on years of successful collaboration on their core banking and expanding their partnership with Mambu to modernise their payments including
Western Union, INDEXO Bank and BCB Group have all extended their long-standing partnerships with Mambu and have looked to modernise their payment systems through Mambu Payments. The service will be officially unveiled at Money20/20 Europe, where the company will showcase its expanded platform and meet with banks, fintechs, and partners shaping the future of finance.
Bringing cloud banking quality to payments
“Mambu Payments brings the same qualities that made Mambu’s cloud banking platform the core of choice for forward-thinking financial institutions: cloud-native, API-first, and composable,” said Mark Geneste, chief revenue officer at Mambu. “Mambu supports more than 260 financial institutions globally, helping them to modernise and migrate from legacy technology to future-proof solutions.
“Financial institutions can now choose to start with deposits, lending, or payments and easily expand across the platform as their needs evolve.”
“We wanted our customers to get the best of both worlds,” said Édouard Mandon, VP payments at Mambu. “Composability where it matters and an integrated solution with end-to-end workflows where it drives value and reduces friction. That’s why we built the native integrations between our payments, lending, and deposit modules the way we did — to give customers the flexibility to choose their own path.
Source: https://thefintechtimes.com/
