PayU Colombia deploys Mambu for short term lending

Success Story

Leading payment services provider selects Mambu to power new lending offering

Customer base

600,000+

Segment

Core Banking

Mambu's role

Lending

PayU Latam provides an online payments platform for merchants in high growth markets with operations from Mexico to Argentina. To deploy their new short term deferred payment product and offer it to more than 600,000 pre-approved customers, Pay U Colombia selected Mambu's cloud banking platform.

Mambu is being used to configure products, store customer information and generate financial data and is integrated with PayU Colombia's existing architecture through APIs.

By adding a 15 day post-payment option to its existing payment portfolio PayU Colombia is providing their customers with the convenience of deferred payment and opening a new and higher margin revenue channel.

We chose Mambu for its functional reach and ability to seamlessly integrate with our existing ecosystem.
Jose VelezCEO, PayU Latam

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