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Signicat, Mambu to digitise identity management services

Monday 8 February 2021 12:21 CET | News

Norway-based Signicat and Germany-based Mambu have announced a partnership to make an expansive range of identity verification methods available to customers.

Signicat is a digital identity company, while Mambu a SaaS banking platform. Signicat’s identity platform integrates with Mambu via a single API. This gives financial service providers across Europe the ability to onboard customers digitally, conduct web-based identity authentication, and use legally binding electronic signatures.

Lack of access to digital onboarding options causes abandonment. The partnership gives financial service providers some tools to reduce the dropout rate and increase customer acquisition. Fixura, a P2P lending company based in the Nordics, has used the integration to strengthen its lending product portfolio and digitise its customers’ identity lifecycle.

The partnership follows Mambu’s recent EUR 110 million funding round. The company aims to expand further across Europe and capitalise on the growing banking software market. 

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Keywords: Signicat, Mambu, partnership, id management, SaaS, identity platform, API, onboarding, P2P
Categories: Banking & Fintech | Digital Identity, Security & Online Fraud
Countries: Europe
This article is part of category

Banking & Fintech