Mambu Payments Expands in Asia Through its Payments Hub Platform

Increasing demand for payment processing across Asia drives the expansion of Mambu’s Payments Hub into Indonesia, the Philippines, Malaysia and Singapore

Mambu, the leading SaaS cloud banking platform, today announced the expansion of its Payments Hub solution into a number of territories, marking the first time the platform will be available to customers in Asia. The expansion builds on strong adoption of Mambu Payments Hub by banks and fintechs operating across multiple payment schemes and jurisdictions and further broadens the portfolio of Mambu Payment solutions available in Asia.

Mambu Payments Hub is a cloud-native, API-first payments orchestration platform designed to help financial institutions manage and process payments across multiple schemes and rails from a single system. With the Mambu Payments Hub financial institutions can also build, launch and scale payment offerings faster and at lower cost, while ensuring regulatory compliance.

With Mambu’s Payments Hub, financial institutions can:

• Centralise payment operations through a scalable, event-driven platform
• Streamline payment processing, liquidity management and reconciliations across schemes and markets
• Scale securely via an API-first cloud platform that grows with demand
• Accelerate time-to-market when onboarding new banking partners (up to 6x faster) and connecting to new schemes
• Reduce operational overhead by minimising manual tasks and file handling

David Becker, Managing Director, Head of APAC Sales at Mambu said: “The payments landscape in Asia is transforming at unprecedented speed, driven by rising demand for instant, seamless and embedded payment experiences. To enable banks and fintechs to seize this opportunity we are bringing Mambu’s Payments Hub to Asia. Mambu’s Payments Hub provides a modern, cloud-native platform that enables the orchestration of multiple payment rails, real-time payment processing, and the build and scaling of new payment solutions more quickly and efficiently and all on a single system."

Mambu continues to expand connectivity to major payment rails worldwide, enabling financial institutions to support both established and emerging schemes through a single platform. This expansion marks the next phase of Mambu’s international growth, as it continues to build global core banking and payments infrastructure that empowers fast-growing financial institutions to scale globally while remaining compliant and agile locally.

Edouard Mandon, VP Payments at Mambu said: “Payments are becoming more global and more local, more interconnected and more fragmented, and now move in real-time. This complexity makes scaling payments across multiple markets challenging. To solve this, we have expanded our payments hub to give institutions access to local schemes while maintaining a consistent integration and operational experience. This continues our investment in connectivity at scale, which increasingly includes next-generation rails, to deliver payment solutions truly built for the future.”

Mambu Payments Hub is already being deployed by leading global financial institutions around the world including Western Union, BCB Group, Flowe and Spendesk, where it is being used to support payment flows at scale and underpinning expansion into new regions.

Source: Vietnam Business Forum