Mambu named to the 2022 CB Insights’ Fintech 250 List
For the third year in a row, Mambu is recognized for its SaaS cloud banking platform
ATLANTA, GA (October 18, 2022) — 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. Mambu was recognized in the core banking and infrastructure category.
“For financial institutions to stay resilient today, they need to provide innovative, personalized experiences for their customers. As they do so, it is vital to partner with a solutions 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 our team’s hard work to build a cloud banking platform that the world’s most successful financial brands rely on.”
Launched in 2011, Mambu fast-tracks the design and build of nearly any type of financial offering for banks of all sizes, lenders, fintechs, retailers, telcos and more. Mambu experienced tremendous growth over the past five years, attaining unicorn status in 2021 and adding multiple 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 demands. With its API-enabled solution and customer-centric approach, Mambu continuously reiterates and re-configures to keep up 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 investing and insurance,” said Brian Lee, SVP of CB Insights’ Intelligence Unit. “Representing more than 30 countries, these companies are creating safer and more efficient payment methods, and transforming how traditional banking, insurance and investing products are delivered. Together, they not only make financial services more convenient for users, but also make them available to more people, especially traditionally underserved populations around the globe.”
Utilizing 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 chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed over 2,000 of analyst briefings submitted by applicants.
About MAMBU
Mambu is the world’s only true SaaS cloud banking platform. Launched in 2011, Mambu fast-tracks the design and build of nearly any 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 demands. Mambu has 900 employees that support 230 customers in over 65 countries - including Western Union, Commonwealth Bank of Australia, N26, BancoEstado, OakNorth, Raiffeisen Bank, ABN AMRO, Bank Islam and Orange Bank.
CB Insights builds software that enables the world’s best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com.
