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Youtap enters a partnership with Mambu to supercharge digital banking services. The partnership would provide new and existing banks, community banks, credit unions and financial service providers deploying the Mambu cloud banking platform
Youtap, a SaaS-based digital banking company, entered a partnership with Mambu, a global SaaS cloud-native banking and financial services platform to overlay its banking-as-a-service and digital banking solutions on the Mambu core banking platform, a press release from Youtap said.
Youtap said that the partnership would provide new and existing banks, community banks, credit unions and financial service providers deploying the Mambu cloud banking platform, a SaaS-based digital banking solution. This can enable customers to focus on their go-to-market strategy and save money for their marketing campaigns by cutting down the spending on technology.
Mambu is a global leader in composable banking. Its cloud-native solution is transforming banks around the world. This partnership will further strengthen the move to digital banking and speed up the launch of new banks and the transformation of existing banks and financial service providers globally.Chris Jones, CEO of Youtap
Chris added that both the companies are committed to providing market-leading cloud banking solutions with a complete front-end and back-end solution that allows banks to launch in weeks and other existing banks to launch new services into a regulated and competitive market quickly and cost-effectively.
Myles Bertrand, managing director of APAC at Mambu, hailed Youtap as an innovative player in the payments and digital banking scene and reiterated Mambu’s goal of enhancing financial inclusion globally.
Our partnership will open up exciting opportunities for banks and financial service providers to launch new banks, new products, and new services quickly and seamlessly, all in the safety and security of the cloud,Myles Bertrand, managing director of APAC at Mambu