Mambu Drives Composable Banking Adoption in Middle East & Africa

Harjit Kang, Commercial Director at Mambu for the Middle East and Africa, outlines how Mambu is supporting digital banking innovation in the region. By providing a secure, scalable, and composable banking platform, Mambu enables institutions to adopt modern architecture while responding quickly to market needs. Mambu’s cloud-native SaaS model allows clients to launch and scale products rapidly, supporting both vertical and horizontal growth.

A prime example is WIO, the first digital bank to launch in Abu Dhabi Global Markets. Leveraging Mambu’s composable core, WIO achieved rapid time-to-market and overcame regulatory and operational challenges. Mambu provided a collaborative approach, helping WIO navigate licencing requirements and compliance obligations while ensuring the platform could scale with user growth. This model demonstrates the flexibility and adaptability of Mambu’s architecture in emerging markets.

Mambu emphasizes continuous engagement with clients to bridge gaps in the market. By listening to WIO’s innovative ideas and incorporating them into the platform, Mambu ensures that clients can seize opportunities efficiently. The platform’s composable architecture allows clients to integrate modular banking capabilities such as banking-as-a-service, virtual accounts, and profit-sharing solutions. Mambu has already successfully supported BaaS providers in Europe and is now extending this to Saudi Arabia, UAE, and other Middle Eastern markets.

Key lessons for new clients include maintaining consistent team structures, clearly defining requirements, and choosing proven systems integrators. Mambu’s approach ensures rapid MVP launches, allowing innovation to continue while meeting regulatory and operational demands. The platform also supports Islamic banking, with automated profit-sharing features compliant with Sharia principles, highlighting Mambu’s versatility in diverse financial environments.

By adopting Mambu’s composable banking platform, financial institutions and fintechs in the Middle East and Africa can modernize their infrastructure, reduce complexity, and accelerate product development while remaining compliant and customer-focused. The platform’s continuous development cycle ensures that clients benefit from ongoing feature enhancements, positioning them to meet evolving market expectations efficiently.