Mambu

non_financial · Amsterdam, Netherlands

The register lists Mambu as an e-money institution. It is not one, and it is not a financial company at all. Mambu is a software vendor founded in Berlin in 2011 and now based in Amsterdam that sells a cloud core banking and lending platform. Its customers are banks, neobanks, lenders, fintechs and credit unions, which use the platform to run their own deposit and loan products; Mambu itself holds no licence, takes no deposits and moves no customer money. It raised EUR 200 million from EQT in June 2021, reached a USD 5.3 billion valuation in December 2021 and reported USD 165 million of contracted annual recurring revenue in 2022. A business cannot open an account with Mambu, because Mambu does not sell accounts.

Legal name: Mambu B.V.
Licence confirmed: yes, on a regulator's own list
Established: 2011
Website: www.mambu.com

Scores, 0 to 10

6.5Fintech companies that need a partner bank

Fintechs and neobanks are Mambu's core buyers and the platform is built for them, but it supplies software rather than safeguarding accounts or rail access. · source

5.0Financial strength & stability

Backed by EQT with a USD 5.3 billion valuation in December 2021 and USD 165 million of contracted recurring revenue in 2022, but private, unrated, unlicensed and publishing no accounts. · source

4.0Startups & VC-backed companies

A funded fintech startup is a natural Mambu buyer, but Mambu provides software, not banking, financing or an account. · source

4.0Customer satisfaction

No usable review data exists. The Trustpilot profile is unclaimed with one review, and Mambu sells core banking software to institutions, so there is no consumer app rating either. · source

3.0Crypto-friendly bank

Mambu sells core banking software and publishes no policy on crypto businesses because it onboards no customers of that kind. · source

3.0Lowest fees

Mambu publishes no pricing at all: software subscriptions are quoted through sales, and there is no account fee because there is no account. · source

3.0Fast digital onboarding

There is no customer onboarding to measure: buying Mambu is a software procurement project, not opening an account. · source

3.0Online businesses: e-commerce and SaaS

No acquiring, collection accounts or payouts; Mambu never touches merchant money. Mambu is itself a SaaS company, but it sells to financial institutions and provides no banking service to a software business. · source

3.0Foreign-owned & non-resident companies

Mambu sells software in more than 65 countries and has no residency rules because it opens no accounts. · source

2.0Cross-border payments, FX and multi-currency accounts

Mambu holds no customer money and provides no accounts, transfers or currency conversion of its own. No multi-currency accounts, pooling or hedging; Mambu is a ledger vendor, not a counterparty. · source

2.0Best interest on business balances

Mambu takes no deposits, so it pays no interest; its software lets its bank customers run their own deposit products. · source

2.0Business cards (Visa, Mastercard)

Mambu issues no cards; its software lets a licensed customer run a card programme of its own. · source

2.0High-risk verticals (iGaming, cannabis, adult, forex)

Mambu onboards no merchants and publishes no policy on gambling, cannabis, adult or forex operators. · source

2.0Stablecoins (USDC, USDT and others)

In 2026 Mambu said it is building integrations with Circle and BVNK so that banks on its platform can offer stablecoin payments, but that is software for licensed institutions, not a stablecoin account or payout a business can open at Mambu. · source

1.5On-ramp: buy crypto with fiat

Mambu opens no accounts for companies, so there is no fiat to send to an exchange; this is a limit of a software vendor rather than a ban, and its crypto-firm clients such as BCB Group show it does not avoid the sector, so evidence is thin. · source

1.5Off-ramp: crypto to fiat in a business account

With no client accounts of its own, Mambu cannot receive crypto sale proceeds for a business; any off-ramp runs through the licensed bank or fintech that uses its software, checked September 2026. · source

1.0Trade, manufacturing & import-export

No trade finance products; the platform is a core banking ledger. · source

1.0Crypto wallet and custody for a business

Mambu is a core banking software vendor with no banking, e-money or crypto licence and holds no assets for any company; its ledger can record crypto balances for licensed clients such as BCB Group, but the custody sits with them, checked September 2026. · source

1.0Accept crypto payments

Mambu does no merchant acquiring and offers no crypto checkout; it sells lending and deposit software to banks and fintechs, checked September 2026. · source

1.0Bitcoin

Mambu buys, holds and sends no bitcoin for anyone; exchange, custody and blockchain links for its clients depend on outside partners, checked September 2026. · source

1.0Ethereum

Mambu offers no ether or token service to companies, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.