Mambu win FSTech Award
31st March 2014
Level39 member Mambu was victorious at the annual FSTechAwards, winning the Cloud Innovation of the Year Award.
A company whose roots lie in Berlin, Mambu enable financial institutions to launch and deliver loan and deposit products by making core banking infrastructure available via the cloud. By doing so, Mambu allow banks to spring up in areas which were almost impossible for the ‘traditional’ financial industry to serve. By delivering this service, Mambu have brought a huge number of previously ‘unbanked’ individuals into the banking system.
To see the full list of FSTechAward winners, check out the list here.
In addition to their success in the awards, Mambu were named in Informilo’s list of ‘London’s disruptive fintech companies’. Fellow Level39 members eToro, Heckyl, Myriada Systems, Digital Shadows, Kusiri and Ringpay also deservedly featured in the rundown.