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xpate taps Mambu to offer optimised payment solutions in Europe

By Gloria Methri

March 11, 2024

  • Cloud Banking
  • E-commerce Payments
  • Europe
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Mambu, xpate, Payment Processing, E-Commerce Payments, FinTech, API, Cloud Banking Platform, Digital Banking, Europexpate, a provider of e-commerce payment solutions has migrated to Mambu’s cloud banking platform, to advance its service offerings across Europe.

This transition signifies xpate’s commitment to deploying a robust, scalable architecture that promptly adapts to evolving market demands and enhances its payment processing capabilities.

“At xpate, we recognise the pivotal role of technology in shaping our growth and efficiency. Partnering with Mambu reflects our dedication to fortifying our foundation with scalable and advanced technological solutions. This alliance not only enhances our capabilities but also empowers us to deliver exceptional value to our customers, steering us towards setting new benchmarks in our industry,” said Mike Shafro, Founder of xpate.

Designed to bridge the gap between merchants and acquirers seamlessly, xpate’s platform streamlines payment processing, offering an efficient solution that is more accessible than traditional alternatives.

Nick Lawler, Market Director, EMEA at Mambu, said, “We are delighted to kick off our work with xpate as it brings a modern payment platform to the wider market. On Mambu, xpate can focus on growing its business, rather than managing the underlying core technology. We look forward to supporting xpate’s present needs and future growth.”

Following the recent acquisition of its EMI license in Latvia, xpate is eyeing European expansion, leveraging Mambu’s cloud-native core to architect a future-proof payment solution.

This move is aligned with xpate’s strategy to harness digital-first opportunities and cater to the increasing demand for agile, reliable payment platforms.

Ruben Vosmeer, Chief Technology Officer at xpate, highlighted the synergy between the two companies saying, “Mambu’s commitment to delivering bespoke solutions through innovative use of their APIs perfectly aligns with our mission to offer tailored, scalable payment services. This partnership is a cornerstone in xpate’s strategy to redefine the payment ecosystem.”

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