Orange Bank chooses Mambu to fuel European expansion

By Gloria Methri

Orange Bank has announced it will migrate to Mambu’s cloud banking platform at its head office in France, based on the successful launch of Orange Bank on Mambu in Spain in 2019. 

The bank leverages Mambu to manage its current account, loan, and credit card products with a government-regulated savings account under development. The implementation in France signals the bank’s intention to operate a single banking platform to expand across Europe. 

Launched in 2017, Orange Bank offers banking solutions designed natively around customers’ mobile uses. Its digital-first ethos allows customers to autonomously perform all transactions from their mobile application, with ease and speed.

Stephane Vallois, CEO of Orange Bank said, “On Mambu we can build ground-breaking solutions that truly reinvent the banking experience, and we look forward to the future together across Europe. Based on our partnership in Spain, we were able to navigate uncharted waters during the pandemic, delivering new products while enhancing the existing ones. Always keeping the needs of a changing market in the center of our strategy.”

Eugene Danilkis, CEO of Mambu said, “Orange Bank is a great example of how Mambu empowers companies to scale with flexibility and agility while leveraging the cloud. Our platform was born to empower our customers to create delightful financial experiences quickly, simply, and with the best of the ever-changing financial technology ecosystem. Like us, Orange was born out of non-traditional roots and embraces change with a different mindset. We are excited to support the bank in designing innovative solutions as it expands its operations and reaches more and more customers with better financial experiences.”

Orange Bank is powered by Mambu and leverages Amazon Web Services (AWS) native services like EKS, RDS, Elasticache, and Lambda, which enables the digital bank to operate from the cloud while supporting the rapid deployment of financial products and services.