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Global digital lender accelerated international expansion on Mambu

Fintech pioneer needed a solution to help them grow the business, increase speed to market and integrate with existing systems. Mambu helped them transform operations to power rapid global expansion.


In-House Lending Platform


Approval Rates and Margins


Loss Rates Since Implementation


Countries powered by Mambu

The Story

Fintech pioneer, the Ferratum Group wanted to rapidly expand Ferratum Business to various countries with innovative new products customised to each market’s needs.

However it faced a lengthy and painful rollout due to the inflexibility of the in-house built core banking system.

They had to look externally for a stable, agile and scalable solution that could easily connect to current systems and internal analytics and decision engines.

Mambu was selected due to its flexibility, scalability and capacity to accelerate the time-to-market for its new lending entity.

They chose a cloud native solution to ensure they had a centralised platform that wasn’t country specific and that could be easily modified.

Mambu brought all of Ferratum business loan management interactions onto one modern and accessible architecture, providing them with the ability to quickly and efficiently address a globally underserved segment of the market.

Using Mambu’s cloud platform has augmented their existing loan processes to offer a simple application and approval process for SME borrowers in Europe.

On Mambu, Ferratum Business opened operations in 7 new countries during the first 3 months of operations, and 10 countries over the next 12 months.

In The Media

Press Release

International mobile loan provider speeds time-to-market with flexible cloud platform.

Media Coverage

Cloud SaaS banking engine Mambu has forged an agreement with Ferratum Group to power "Ferratum Business".

Media Coverage
Ferratum Group has launched an SME lending service using the cloud-based system of Mambu.
Media Coverage
Ferratum Group will provide mobile business loans powered by Mambu's SaaS banking engine. 

“Mambu gave us the ability to quickly and efficiently address a globally underserved segment of the market with an expedited rollout and the ability to service a diverse range of SME products.”

Scott Donnelly

Director of Business Lending

Ferratum Group

Scott Donnelly
Ari Tiukkanen

“Mambu is scalable, flexible, with no hard coding, configurations only, well-fitting API connection to our own middle layer. Mambu is the optimal solution.”

Ari Tiukkanen

Chief Operation Officer

Ferratum Group