Hay, the Australian challenger bank which opened its waiting list last month, has formed a partnership with the cloud banking platform provider, Mambu. The neobank, set up by former UK-based Shawbrook Bank employees, has chosen Mambu’s cloud-based core banking platform to run its services. Mambu landed two other Asia-Pacific deals this month for its core banking platform, including Vietnamese bank MSB and Australian credit firm Nimble. The cloud provider is a popular choice among challenger banks, having already secured contracts with RBS challenger Bo, German unicorn N26, and UK’s B-North and Recognise. “Like Hay, Mambu is genuinely cloud-native and we feel there is…
Aussie neobank Hay chooses Mambu’s cloud banking platform
Aussie neobank Hay chooses Mambu’s cloud banking platform
