back Back

Truenorth partners with Mambu, offers market-changing technology to US FIs

By Pavithra R

February 26, 2021

  • Truenorth
  • USA

Truenorth, building digital solutions for the future of financial services, healthcare, and education, has announced partnering with Mambu, a global SaaS banking platform empowering tech-forward FIs to design and service nearly any financial product.

The collaboration expects to create a cost-effective way for regional banks, community banks and credit unions to integrate with a leading cloud-native, modern core processor. The TrueNorth/Mambu venture is well-timed as COVID-19 signalled the accelerated need for digital technologies at small and medium-size FIs.

“This is a true partnership that helps deliver market-changing technology to US-based banks, credit unions, and regional banks. We see TrueNorth’s expertise in fintech and proven implementation processes as one of the fastest ways to deliver our technology solution to the US market,” said Johanna Pugh, Managing Director, North America at Mambu.

Mambu, on the heels of the recently raises funding round, is laying new stakes in the U.S. banking market with the help of TrueNorth. Its powerful core processor has been chosen by EU-UK banking and fintech leaders, including Santander, ABN AMRO, N26 and OakNorth.

“Mambu’s composable banking platform empowers FIs to select the core banking experience best suited for their members without being tied to a specific vendor, product or technology. And this is where our expertise really shines. Our engineers have the expertise to integrate their preferred products with the Mambu platform in a matter of months,” said TrueNorth CEO Alex Gonikman.

Founded in 2009, TrueNorth is one of the largest and most successful fintech software development companies in the world, having built 3 unicorns from scratch: LendingClub, Upgrade and Dianrong. It’s pioneering expertise, and reliable dev process brings products to market fast. This rare combination has led to the successful execution of 120 digital transformations and 45 original enterprises built from the ground up.

Previous Article

February 26, 2021

Compass Plus tests Oracle’s new cloud infrastructure in Russia

Read More
Next Article

February 26, 2021

Basiq adds External payment sources to its Affordability API

Read More

IBSi Daily News Analysis


February 23, 2024


Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 22, 2024

Bud & Fintech Galaxy bring AI-led Open Banking solutions to MENA

Read More

February 21, 2024

OpenPayd bolsters instant payments solutions with TrueLayer

Read More

February 20, 2024

4 Banking Software providers accelerating digitisation in Europe

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023