In 2009 we started investigating how technology can help provide financial services to those not being reached by banks. From spending time with banks, microfinance organizations, potential clients and traditional banking technology vendors we discovered a gap. Legacy banking technology was too expensive, too slow and too cumbersome to help financial institutions service the 'missing middle', the
individuals and micro, small and medium enterprises who lacked access to finance. At the same time, cloud technology was disrupting industries and internet pe*******on was rapidly becoming the norm even in remote regions. The solution was clear: bring banking technology to the 21st century, make it accessible to organizations of any size and flexible enough for any market opportunity. Since 2011, we've been helping more than 100 financinal institutions in nearly 30 countries worldwide, service nearly a million accounts with unprecedented simplicity, flexibility and speed and at an affordable cost. And we're just getting started. Mambu enables innovative banking providers to rapidly create, launch and service loan and deposit products through its agile, flexible and affordable cloud banking platform.
