Mambu wins digitalisation deal from Bank Ina Indonesia

• Bank Ina to use it cloud-native platform to digitise
• To create a digital bank for micro and small medium enterprises

Mambu, has announce that it is working together with Indonesia’s PT Bank INA Perdana Tbk (Bank INA) to underpin its digital transformation journey as it brings new digital banking services to the Indonesian market.

In a statement, the banking software-as-a-service player claimed its cloud-native platform enables banks and financial institutions to scale rapidly and launch new digital banking services within weeks.

Mambu’s composable approach allows banks to launch innovative banking services that meet the specific wants and needs of their customers, it added.

Bank INA, part of one of Indonesia’s largest conglomerates, the Salim Group, will use Mambu’s cloud-native banking platform as the technology foundation for its new digital banking services, it said.

Daniel Budirahayu, President Director at Bank INA, said, “As we transition into a digital bank, we have been very focused on ensuring we have the right systems and infrastructure in place to guarantee optimal experience and security for our customers.

“With Mambu’s SaaS cloud banking platform we have selected the best-performing and most reliable cloud-native banking platform on the market, and we feel very confident that we have made the right decision.”

Yulius Purnama Junaedi, Digital Banking Director at Bank INA, said, “We believe that with Mambu, Bank Ina will be able to complement the vast financial and payment digitalisation within Salim Group’s ecosystem. Our purpose is to create a digital bank where we can empower the lives of many micro and small medium enterprises in Indonesia.”

Myles Bertrand, Managing Director APAC at Mambu, said, “We are honoured to be working with Bank INA on their digital transformation journey, and appreciate the due diligence the Bank INA team has done in selecting the best cloud banking platform for their purposes.”

The company claimed that it had beaten out other competition from other digital banking platform providers due to its agility, speed, and cost efficiency.