Bank Islam Malaysia

Kapitus Selects Mambu to Deliver Modern Lending Solutions for SMBs

Retrieved on: 
Monday, October 24, 2022
Technology, Finance, Banking, Professional Services, Software, Small Business, Internet, Data Management, Asset Management, Other Professional Services, Raiffeisenbank, Commonwealth Bank, ABN AMRO, Bank Islam Malaysia, Super Mario, VP, Software as a service, ABN, Multimedia, Partnership, Small business, CEO, OakNorth Bank, SBA, Name, Solution, Bank, Online shopping, Western Union

Kapitus will leverage Mambus low-code, composable lending engine to achieve a faster time-to-market as it evolves the commercial lending space.

Key Points: 
  • Kapitus will leverage Mambus low-code, composable lending engine to achieve a faster time-to-market as it evolves the commercial lending space.
  • With Mambu as its core banking system, Kapitus can service and manage a growing number of client contracts, while releasing new financing solutions for SMBs.
  • With Mambu as our cloud banking platform, we are poised to react in real-time to our customers evolving needs, said Andrew Reiser, CEO, Kapitus.
  • With Mambu, Kapitus can expand on this mission with ease to support even more business owners as they launch or grow their business.

Mambu Announces Extended Cloud Approach with Three Leading Cloud Providers

Retrieved on: 
Monday, October 24, 2022
Technology, Payments, Finance, Security, Fintech, Banking, Professional Services, Software, Networks, Data Management, Cloud, Raiffeisenbank, Commonwealth Bank, ABN AMRO, Bank Islam Malaysia, Technology, Growth, Conference, Software as a service, ABN, Microsoft, AWS, Google Cloud, Chief technology officer, CEO, OakNorth Bank, Microsoft Azure, Amazon Web Services, Azure, Solution, Cryptocurrency, Western Union

Mambu , the leading SaaS cloud banking platform, has announced today at the 2022 Money 2020 USA Conference general availability across three leading cloud providers Amazon Web Services (AWS), Google Cloud and Microsoft Azure, expanding its global market reach.

Key Points: 
  • Mambu , the leading SaaS cloud banking platform, has announced today at the 2022 Money 2020 USA Conference general availability across three leading cloud providers Amazon Web Services (AWS), Google Cloud and Microsoft Azure, expanding its global market reach.
  • The development promises more customer choice, a secure foundation to meet financial security standards and high reliability for all three cloud providers.
  • Many technology providers rely on public cloud services; however, Mambus extended deployment flexibility meets the growing demands for performance, security and reliability.
  • Having the opportunity to work with three of the leading cloud providers supporting over 230 banks and non-bank financial institutions is a game changer.

Mambu Named to the 2022 CB Insights’ Fintech 250 List

Retrieved on: 
Tuesday, October 18, 2022
Mobile, Wireless, Technology, Finance, Fintech, Consulting, Banking, Professional Services, Software, Small Business, Hardware, Raiffeisenbank, API, Insurance, Commonwealth Bank, Financial technology, CB Insights, ABN AMRO, Bank Islam Malaysia, Software as a service, Economist Intelligence Unit, ABN, Research, Region, Technology, SVP, R, Ecosystem, OakNorth Bank, Solution, Consultant, Bank, Cryptocurrency, Retail, Mosaic, Western Union

CB Insights named Mambu , a leading SaaS cloud banking platform, to its fifth-annual Fintech 250 list for the third year in a row.

Key Points: 
  • CB Insights named Mambu , a leading SaaS cloud banking platform, to its fifth-annual Fintech 250 list for the third year in a row.
  • The list recognizes the 250 most promising private fintech companies in the world.
  • "This year's Fintech 250 winners are shaping the future of financial services, from payments and banking to investing and insurance," said Brian Lee, SVP of CB Insights' Intelligence Unit.
  • By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights.

Bank Islam Partners with UK Islamic Fintech Kestrl to join Malaysia's Digital Banking Race

Retrieved on: 
Friday, August 12, 2022
Machine learning, Budget, Bank, PFM, Sharia, Software, Group, Islamic banking and finance, ESG, Partnership, Neobank, Bank Islam Malaysia, Goal, Solution, Heart, Islam, Main–Market Historic District, Mobile phone, Online shopping

Mohd Muazzam Mohamed, Bank Islam Group Chief Executive Officer, said: Bank Islam is pleased to partner with a values-orientated fintech like Kestrl that shares our commitment towards customer centricity and Shariah compliance.

Key Points: 
  • Mohd Muazzam Mohamed, Bank Islam Group Chief Executive Officer, said: Bank Islam is pleased to partner with a values-orientated fintech like Kestrl that shares our commitment towards customer centricity and Shariah compliance.
  • Areeb Siddiqui, Chief Executive Officer, Kestrl said: We are incredibly excited to be partnering with as forward-thinking an organisation as Bank Islam to develop its digital bank.
  • For more information, visit https://kestrl.io/
    Malaysia Berhad Bank Islam is Malaysia's first public listed Islamic Bank on the Main Market of Bursa Malaysia Berhad.
  • Established in July 1983 as Malaysia's first Islamic Bank, Bank Islam has 141 branches and more than 900 self-service terminals nationwide.

Western Union Integrates Mambu Into Its New Digital Bank Platform in Europe

Retrieved on: 
Thursday, June 9, 2022
Professional Services, Data Management, Technology, Finance, Software, Banking, Fis, CEO, Partnership, Innovation, Ecosystem, Raiffeisenbank, ABN AMRO, Adoption, OakNorth Bank, ABN, Software as a service, Bank Islam Malaysia, Cryptocurrency, Bank, Online shopping, Western Union

Mambu , the cloud banking platform, has teamed up with Western Union , a global leader in cross-border, cross-currency money movement and payments, to integrate its solution into the latters next generation real time multi-currency digital wallet and digital banking platform in Europe.

Key Points: 
  • Mambu , the cloud banking platform, has teamed up with Western Union , a global leader in cross-border, cross-currency money movement and payments, to integrate its solution into the latters next generation real time multi-currency digital wallet and digital banking platform in Europe.
  • Mambu gives Western Union full control to deploy new banking products and services that are easy to configure and integrate with external applications.
  • The new digital banking offering will help Western Union transform the transactional relationships it has with customers, into closer customer-centric connections.
  • Mambu has 900 employees that support 230 customers in over 65 countries - including N26, BancoEstado, OakNorth, Raiffeisen Bank, ABN AMRO, Bank Islam and Orange Bank.

Mambu Raises $266 Million at $5.5 Billion Valuation in EQT Growth-Led Series E

Retrieved on: 
Thursday, December 9, 2021
Professional Services, Data Management, Technology, Finance, Software, Banking, Bank Islam Malaysia, N26, ESG, Climate change, Technology, D, Growth, ABN AMRO, OakNorth Bank, CEO, Articles of association, Gartner, Software as a service, ABN, Vision, EQT, Raiffeisenbank, Renewable energy, Bank, Mambu, EQT Growth, MAMBU, EQT GROWTH

The funding brings the companys valuation to $5.5 billion post money, making it one of the highest-valued B2B SaaS companies founded in Europe.

Key Points: 
  • The funding brings the companys valuation to $5.5 billion post money, making it one of the highest-valued B2B SaaS companies founded in Europe.
  • The banking and securities enterprise software market is over $113 billion in size and experiencing double-digit annual growth, according to Gartner.
  • Demonstrating the accelerating and widespread global need for modern banking software, Mambu has delivered year-on-year growth of more than 120% in Q3 of 2021.
  • The round is led by EQT Growth, the growth equity strategy of the purpose-driven global investment organization EQT.

Mambu raises €235 million at €4.9 billion valuation in EQT Growth-led Series E

Retrieved on: 
Thursday, December 9, 2021
Bank Islam Malaysia, N26, ESG, Workplace, Technology, Climate change, D, Growth, ABN AMRO, Science and technology in Asia, OakNorth Bank, CEO, Articles of association, Gartner, Board, Software as a service, Science, ABN, EQT, Raiffeisenbank, Solution, Investment, Cryptocurrency, Renewable energy, Bank

LONDON and AMSTERDAM, Dec. 9, 2021 /PRNewswire/ -- Mambu, a market-leading, modern SaaS banking platform, has announced raising €235 million in an EQT Growth-led Series E funding round, the largest financing round to date for a banking software platform. The funding brings the company's valuation to €4.9 billion post money, making it one of the highest-valued B2B SaaS companies founded in Europe.

Key Points: 
  • The funding brings the company's valuation to 4.9 billion post money, making it one of the highest-valued B2B SaaS companies founded in Europe.
  • The banking and securities enterprise software market is over 100 billion in size and experiencing double-digit annual growth, according to Gartner.
  • Demonstrating the accelerating and widespread global need for modern banking software, Mambu has delivered year-on-year growth of more than 120% in Q3 of 2021.
  • The round is led by EQT Growth, the growth equity strategy of the purpose-driven global investment organization EQT.

Pandemic Makes 75% Of Consumers More Likely To Use Digital Banking In The Future

Retrieved on: 
Thursday, November 11, 2021
ABN, Efficiency, Software as a service, Pressure, Ethics, CEO, Raiffeisenbank, Ageing, OakNorth Bank, ABN AMRO, Finance, Bank Islam Malaysia, Male, Retail, Online shopping

LONDON and AMSTERDAM, Nov. 11, 2021 /PRNewswire/ --Three quarters (75%) of global consumers are now more likely to use digital banking in the next few months than before the pandemic, according to a new report from SaaS cloud banking platform Mambu.

Key Points: 
  • LONDON and AMSTERDAM, Nov. 11, 2021 /PRNewswire/ --Three quarters (75%) of global consumers are now more likely to use digital banking in the next few months than before the pandemic, according to a new report from SaaS cloud banking platform Mambu .
  • The Financial Tribes You Need to Know report reveals that nearly two thirds (61%) of consumers globally have made greater use of digital banking services over the last 18 months and two in five (41%) have started using digital banking services for the very first time because of the pandemic.
  • These key consumer groups include:
    Recent converts to the world of digital banking who have adopted digital services amid physical branch closures.
  • Entrepreneurs who have set up their own business during the pandemic, in need of easy-to-use and reliable business banking services.

Youtap Partners with Mambu to Supercharge Digital Banking

Retrieved on: 
Wednesday, September 29, 2021
Software as a service, Bank Islam Malaysia, Partnership, Solution, Sale, OakNorth Bank, Overalls, N26, Marketing, CEO, ABN, General manager, ABN AMRO, Go to market, Technology, Safety, Science and technology in Asia, Islam, Cryptocurrency, Online shopping

AUCKLAND, New Zealand, Sept. 29, 2021 /PRNewswire/ -- Youtap, a leading digital banking and digital wallet solutions provider, has partnered with global SaaS cloud-native banking and financial services platform Mambu to overlay its Banking-as-a-Service and digital banking solutions on the Mambu core banking platform.

Key Points: 
  • AUCKLAND, New Zealand, Sept. 29, 2021 /PRNewswire/ -- Youtap, a leading digital banking and digital wallet solutions provider, has partnered with global SaaS cloud-native banking and financial services platform Mambu to overlay its Banking-as-a-Service and digital banking solutions on the Mambu core banking platform.
  • The partnership will provide new and existing banks, community banks, credit unions, and financial service providers deploying the Mambu cloud banking platform with a market-leading SaaS-based digital banking solution.
  • Youtap solves that problem by providing digital banking in a box, tightly pre-integrated with the Mambu core.
  • Youtap is a cloud-based supplier of digital banking, digital wallet and payment solutions.

Mambu and ModusBox Partner to Accelerate Digital Modernization and Improve Access to Data for Financial Institutions

Retrieved on: 
Tuesday, September 28, 2021
Software, Technology, Banking, Professional Services, Software as a service, Bank Islam Malaysia, Partnership, Solution, API, OakNorth Bank, ACH, N26, Fahd of Saudi Arabia, CEO, ABN, ABN AMRO, Bank, Mambu, ModusBox, MAMBU, MODUSBOX

Mambu and ModusBox bring a combination of local and global experiences and assets to the US market.

Key Points: 
  • Mambu and ModusBox bring a combination of local and global experiences and assets to the US market.
  • They will continue to expand their collaboration by integrating Mambu into PortX - ModusBoxs integration platform and connectors for financial institutions.
  • The key to true financial inclusion is focusing on the service that the client receives, not the service that financial institutions intend to provide.
  • ModusBox is a financial services technology company focused on open banking solutions that unlock access to banking core data and eliminate vendor dependencies.