Popular BaaS developer joins Google Cloud Marketplace

Mambu Google Cloud

Banking specialist SaaS developer Mambu has extended its long-standing partnership with Google Cloud, announcing that its services will now be available on Google’s Cloud Marketplace, giving FSIs ready access to the popular modularised banking services platform.

“[Google] Marketplace allows us to reach even more financial institutions looking to bring solutions to market faster and with greater flexibility,” said Mambu’s head of partnerships Kunal Galav in a statement.

Mambu’s composable and API-rich SaaS and BaaS services, used by a number of FSIs in Australia including CBA for its digital lending arm Unloan and payments giant Tyro, enables discrete core banking components, systems and connectors to be assembled “according to business needs and end-user demands”, the company boasts.

As reported in 2021, the platform handles more than 130 million API calls each day from upwards of 200 FSI clients worldwide.

Galav added that the fintech developer “looks forward to partnering with Google Cloud on go-to-market efforts and together delivering a modern core banking system capable of meeting modern demands”.

“Our strategic partnership with Google Cloud has given us greater control over costs, performance, security and scalability, which we then pass on to our customers.”

Mambu’s multi-cloud (or ‘cloud agnostic’) approach enables clients to select their preferred public cloud provider among market leaders Google Cloud Platform, Microsoft Azure, or AWS.

The SaaS developer has notched up a three-year working partnership with Google Cloud, making its banking platform and all its services, including various banking and lending engines, its process orchestrator, payment integrations, ecosystem connectors and supporting services available on the enterprise-grade public cloud service.

Launched in 2011, Mambu supports more than 280 businesses across 65 countries – including global heavy hitters Western Union, Raiffeisen Bank, and ABN AMRO – collectively serving more than 60 million end customers.

Among the Mambu customers currently leveraging Google Cloud include bob Finance, a Zurich-based digital financial services provider, Bank Jago, an Indonesian-listed bank, and Libertad Soluciones de Vida, an established and regulated microfinance entity in Mexico.