Goldbell Financial Services selects Mambu to power GEN investment platform

Goldbell Financial Services, one of Singapore’s leading business finance providers, has confirmed it will partner with Mambu, the market-leading pure SaaS banking platform, to power its private debt investment platform, the Goldbell Evolution Network, known as GEN.

Launched in November 2019, GEN provides financing solutions to businesses, while offering investors alternative investment opportunities in private debt. Mambu’s cloud-native platform will underpin GEN, with its flexible composable architecture allowing for rapid growth at a time when the financial services industry is undergoing intense change across the Asia-Pacific region.

Mr Alex Chua, CEO of Goldbell Financial Services, said: “We need a configurable technology in order to meet the diverse needs of our stakeholders, including business owners seeking financing solutions and our accredited investors. After careful consideration we have selected Mambu’s pure SaaS banking platform to take GEN to the next level as it has an unrivalled capacity to allow us to be flexible, agile and responsive to our customers’ needs. We foresee that Mambu’s technology will be instrumental in supporting our velocity as we navigate the changes that the new world of digital banking will bring to Singapore in 2020 and beyond.”

Myles Bertrand, Managing Director, APAC, for Mambu, said: “The financial services industry in Singapore is entering an enormously disruptive and transformative period, as regulations change and we start to see the impact of the new digital banking licences distributed by Monetary Authority of Singapore. Mambu is thrilled to be working with Goldbell Financial Services to create a game-changing lending and investment platform in GEN, and to solidify GBFS’ position as one of Singapore’s leading financial services companies.”