Mamby will integrate its solution into the Western Union’s next generation real time multi-currency digital wallet and digital banking platform in Europe. Mambu will enable Western Union to extend the relationship with its customers, and create a new banking experience. With its cloud-native platform, Mambu has 70 million daily users and over 230 banks and financial institutions as customers.
Mambu will offer Western Union full control to deploy new banking products and services that are easy to configure and integrate with external applications. In a single, native mobile app, customers can create a new account in minutes by selecting a subscription model and start saving and spending instantly.
The new digital banking offering will reportedly help Western Union transform the transactional relationships it has with customers, into closer customer-centric connections.
Mambu is a 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. 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.
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