Mambu Launches Americas Operations

Berlin and Miami, FL - 2 March 2017

Leading SaaS financial services platform provider supports continuing growth with new regional offices and Managing Director. 

Mambu is kicking off 2017 by opening new Miami offices and appointing a regional Managing Director to meet the growing demand for their platform in North America, Canada, Latin America and the Caribbean. The office will support Mambu’s current 32 regional clients, including Grameen America which deploys the platform in 12 cities.

“Mambu is the cornerstone of the innovative transformation and expansion of our operations across the United States,” said Andrea Jung, President and CEO of Grameen America. “With Mambu’s platform in place, we will be able to radically transform our member experience, improve our staff efficiency, and provide powerful digital solutions to accelerate our organization's growth and impact for women entrepreneurs nationwide.”

Edgardo Torres has been appointed as Managing Director to lead growth, support and operations, bringing a wealth of SaaS and enterprise technology knowledge combined with regional expertise. Before joining Mambu, Torres served as Managing Director for numerous European software companies, helping them to successfully expand their operations into the Americas. Prior to that Torres spent four years at Hewlett Packard and is a former Vice Minister of the Puerto Rico Department of Economic Development and Commerce. 

“By enhancing our presence we intend to grow our client base and better support our existing users and partners in the region. Mambu helps bring better digital-first financial services to market faster, cheaper and easier than ever before,” says Torres. “I am excited to join the team bringing this innovative platform to market at a time when SaaS business models and digital financial services are revolutionizing the lending and banking landscape.”

Mambu, which recently received Amazon Web Services accreditation and started operations in Singapore, will be growing its Miami-based team over the course of the year. Mambu will be building delivery, support and sales capability to help innovative financial service providers rapidly create, launch and service digital-first lending and banking services.

Mambu enables innovative financial service providers to rapidly create, launch and service loan and deposit products through its agile, flexible and affordable SaaS platform. An alternative to legacy core banking systems, Mambu accelerates time to market for new consumer and MSME banking products via digital channels, at a fraction of the cost. Established in 2011, the company has raised over €12M in capital investment, deployed in more than 180 locations in 40 countries worldwide and services more than 2.5 million end customers. Mambu’s clients leverage its lending and banking engine to launch consumer and MSME-focused products in a digital-first business model to disrupt the financial services landscape around the world.

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