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July 8 2020

Currencycloud announces partnership with Mambu for FX and payments

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Mambu, the market-leading cloud banking platform, has partnered with Currencycloud, the leader in providing embedded B2B cross-border solutions, to offer increased transparency and scalability of international payments to their platform clients.

This partnership brings together two like-minded organisations to deliver out-of-the-box banking capabilities. By integrating Mambu’s true SaaS banking platform with Currencycloud’s suite of APIs, customers are able to rapidly deploy flexible, enterprise-class collections, virtual accounts, payments and FX services.

Financial services clients will be able to control their customers’ end-to-end journey and offer full control over pricing and margin management. Currencycloud and Mambu, who share a similar vision of the future of banking, will offer pre-configured solutions that further increase speed to market, control and flexibility. The broad range of solutions includes both account-to-account collections and payments as well as card spend capabilities.

Stephen Lemon, Head of Strategic Partnerships and Co-Founder, Currencycloud comments: “This partnership between Currencycloud and Mambu really makes sense, we are both trying to help eliminate challenges for the same customers and provide them with banking-in-a-box capabilities. It is an exciting partnership as we develop our offering and continue to innovate together.”

Ben Goldin, Mambu CTO/CPO, comments: “We are really excited to be working with Currencycloud, to be able to offer our customers pre-configured solutions that will further increase their competitive advantage and bring that transparency to international payments. We look forward to the partnership evolving.”

This integration is already available for Mambu customers to utilise. Currencycloud and Mambu intend to further innovate and develop their offering.

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