Mambu gains new core banking tech client in Argentina
Nubi, a company in Argentina linked to Banco Comafi, has selected Mambu to underpin its digital services, including online processing of surcharges and payments. The vendor will supply its cloud-based core banking system to Nubi.
Nubi provides businesses and consumers with prepaid services for international purchases and also enables domestic SMEs and entrepreneurs who sell services and products abroad to withdraw international payments, and deposit them in their local bank account, both in ARS and USD.
“We strive to promote financial inclusion and democratisation of electronic commerce in Argentina,” states Martin Borchardt, CEO of Nubi.
“To do this, Mambu’s technology is the best fit as it has the flexibility, scalability, and innovation required for our next releases in the local market. Mambu supports our digital business strategy in real time as part of our cloud-native, composable API-driven architecture.”
Mambu already has a handful of clients in Argentina, including Wenance, Banco Macro and Ualá.