Portugal’s Universo signs for Mambu platform

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Universo, a leading Portuguese economic solutions model, has picked Mambu, the SaaS cloud banking platform, to deliver a lot more available and modern financial services to the current market.&#13

Mambu’s composable technique enables Universo to innovate fast and deploy speedily, strengthening their posture as a chief in money providers in Portugal.

Universo is Sonae Group’s economical solutions business line which aims to rework the way family members and tiny companies control finances, by means of very simple and progressive fiscal alternatives. Mambu will help Universo iterate products and solutions more rapidly and expand their electronic presenting even further. The brand now developed and introduced revolving loans for credit cards and preset term loans to its a single million consumers.

Andy Hard cash, Regional Vice President of Mambu EMEA, claimed: “Mambu helps money establishments launch any form of items and solutions rapidly and expense-proficiently. As portion of our increasing number of consumers, Universo aims at much better serving individuals by introducing significant economic merchandise to their portfolio. With Mambu, Universo is equipped to provide a hyper personalised conclusion-to-close economic working experience, helping clients manage their money improved. Each groups collaborated carefully and have designed a safe and seamless solution. Now that we have crafted the fundamentals and need to-haves, we will proceed scaling our solutions for credit cards.”

Carlos B. David, COO of Universo, commented: “Universo picked Mambu mainly because of its versatile approach to building fiscal products. Customers’ needs are altering continually, and they need more monetary remedies than ever before. Mambu’s staff have tested to us that the design and style of their item will allow us to merge particularly the devices we required to architect a fantastic alternative.”

Mambu has 70 million end end users and about 230 banking companies and money establishments as shoppers. Its SaaS banking system provides greatest overall flexibility and speed, enabling money establishments, these kinds of as Universo, to promptly configure and deploy new merchandise, supplying them a distinctive competitive edge. 

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