Mambu, a cloud banking platform, and Currencycloud, a global payments platform, have partnered to offer increased transparency and scalability to international payments for platform customers.
In their statement, the said that by integrating¬†Mambu‚Äôs true SaaS banking platform with¬†Currencycloud‚Äôs suite of APIs,customers are able to rapidly deploy flexible, enterprise-class collections, virtual accounts, payments and FX services.
They added that, financial services clients will be able to control their customers‚Äô end-to-end journeys and offer full control over pricing and margin management. Currencycloud and Mambu will offer pre-configured solutions that further increase speed to market, control and flexibility. The broad range of solutions includes both account-to-account collections and payments, as well as card and spend capabilities.
Stephen Lemon, Head of Strategic Partnerships and Co-Founder, Currencycloud comments:
‚ÄúThis partnership between Currencycloud and Mambu really makes sense, we are both trying to help eliminate challenges for the same customers and provide them with banking-in-a-box capabilities. It is an exciting partnership as we develop our offering and continue to innovate together.‚Äù
Ben Goldin, Mambu CTO/CPO, comments:
‚ÄúWe are really excited to be working with Currencycloud, to be able to offer our customers pre-configured solutions that will further increase their competitive advantage and bring that transparency to international payments. We look forward to the partnership evolving.‚Äù
This integration is already available for Mambu customers to utilise. Currencycloud and Mambu intend to further innovate and develop their offering.