Mambu Among Cloud Top 500

Piet Heinkade 55

Amsterdam, x, 1019 GM, Netherlands

31 2 0214-9964

https://www.mambu.com/

527

Mambu Strengths, Domain Expertise, and Key Differentiators

Mambu was launched in 2011 with the vision to enable access to modern financial services for all. Providing a modern cloud-native banking platform that not only competes with core products from traditional players but changes the market. Bringing SaaS to banking at a time when it's needed the most. Their customers range from top tier banks like ABN AMRO and Santander, to leading venture-backed fintechs like N26 and OakNorth to telcos like Globe Telecom. Enabling them to build a modern banking or lending offering, in the cloud, by composing a best-for-purpose solution for their needs which is an order of magnitude more agile and cost-effective than the legacy approach to core banking. Currently, the team is composed of over 850 people spread between main offices in Amsterdam, Berlin, Singapore, London, Iași (Romania), Miami, Sydney, and Vilnius (Lithuania) servicing over 230 customers with over 70 million end-users in over 60 countries.

Mambu Recent Developments

In July 2020, Mambu, provider of a cloud banking platform, and Currencycloud, provider of embedded B2B cross-border solutions, have partnered to offer increased transparency and scalability to international payments for platform customers. By integrating Mambu’s true SaaS banking platform with Currencycloud’s suite of APIs, customers are able to rapidly deploy flexible, enterprise-class collections, virtual accounts, payments, and FX services. Financial services clients are now able to control their customers' end-to-end journey and offer full control over pricing and margin management.

The Mambu business model offers a faster, simpler, more modern, and more cost-effective alternative to conventional core banking systems or individual systems. This enables them to introduce new products, expand into new markets, transform existing business processes, and start new companies.

A modern and highly flexible “product factory” enables most types of credit and deposit products for accounts, credit, and lending to be developed and offered. These include corporate finance, consumer loans, corporate loans, peer-to-peer loans, checking accounts, transaction accounts, savings products, and many more in over 6000 live configurations.

Mambu Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Mambu applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Mambu and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Mambu Cloud Banking Platform customers.

Mambu Overview

Ownership: - TCV, Tiger Global, Arena Holdings, Bessemer Venture Partners, Runa Capital, Acton Capital Partners

Number of Employees: 850

Functional Markets: ERP Services and Operations Management,

Key Verticals: Banking and Financial Services, Communication, Professional Services, Retail,

Mambu Key Enterprise and Cloud Applications

Mambu Cloud Banking Platform

Mambu Revenues, $M:

Type/Year20202021YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Mambu Revenue Breakdown By Type, $M:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (Non Enterprise Application Revenues)Total
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Mambu Revenues By Region, $M

Region% of Total Revenues2021 Total Revenues, $M2021 Enterprise Applications Revenues, $M2021 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Mambu Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Mambu Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Mambu Customers


No. of Mambu Customers: 230

No. of Mambu Enterprise Applications Customers: 230

No. of Mambu Cloud Customers: 230

No. of Mambu Cloud Subscribers: 70000000


The pioneers of composable banking – and digital-first banking more generally – come in all shapes and sizes. Mambu is working with fintech companies, top-tier banks, and telcos.

Among its customers are Asto, Ferratum, Fixura, Folkefinans, Kwara, Mynt, N26, New10, Nordiska, OakNorth, P.F.C., Rebellion, TBC Bank Group Plc, The Wallet Engine, Zest Money, Wenance and many others.

Mambu Market Opportunities, M&A and Geo Expansions

In January 2021, Mambu, provider of a SaaS banking platform, raised €110 million in a funding round led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. Additional investment was received by Tiger Global and Arena Holdings, as well as existing investors Bessemer Venture Partners, Runa Capital, and Acton Capital Partners. This brings the company’s valuation to over €1.7 billion.

In February 2019 Mambu raised 30 million euros in its latest funding round led by US-based Bessemer Venture Partners, one of the world's most experienced and successful SaaS-focused venture capital firms, with participation also coming from existing investors Acton Capital, CommerzVentures, Point Nine Capital, and Runa Capital.

The funding will accelerate Mambu’s momentum by stepping up investment in both the commercial teams as well as the product, platform, and services, resulting in a planned three-fold growth in headcount and six-fold in revenues in the forthcoming years across all regions.

Mambu Risks and Challenges

The business model fails to meet its strategic objectives.

Mambu Ecosystem, Partners, Resellers and SI

Mambu is committed to continuously expand and invest in its regional and global network of partners. The partner network covers different partner types to support customers to innovate faster and rapidly provide value.

Among its partners are, Capgemini, Etronika, Accenture, Metasite, ABC Tech, 10Clouds, First Line Software, Flexibility, Atos, NTT Data, Andersen, ELCA, Mobiquity, Publicis Sapient, GFT, and many others.

Mambu Cloud Infrastructure Insights

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  • Mambu Public Cloud and Infrastructure (IaaS)
  • Mambu Platform (PaaS)
  • Mambu Application Delivery
  • Mambu Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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