Trigger Software presents a Neobank Engine solution powered by Mambu, a leading cloud banking platform, to enable the rapid launch of digital neobanks.

By default, Mambu is a cloud-native, API-driven cloud banking platform. Mambu offers composable banking architecture with a single code base, publicly available APIs, and regular releases. Mambu has 260+ customers across the globe, serving 100M end-users in 65 countries.

Nowadays, a lot of companies worldwide are planning to launch a digital neobank. These are banks, retailers, telcos, and greenfield fintech startups. To launch a digital bank, you must choose the key components: core banking platform, middleware, front-end, card processing, CRM, back-office, KYC solution, and other parts. This process takes a lot of time and effort because you need to align with multiple stakeholders.

"We’ve been working with Mambu for a long time. At Trigger Software, we developed 300+ pixel-perfect screens and 150+ ready-made banking business processes, like KYC, onboarding, payments, remittances, loans, deposits, cards, cashback, referral bonuses, and others that can run on top of Mambu. Today we are proud to present all this stuff perfectly pre-configured and packaged into the end-to-end solution that we call Neobank Engine powered by Mambu." - Max Bondar, Founder & CEO at Trigger Software.

Trigger Software’s Neobank Engine powered by Mambu also allows easy integration with the necessary components if the customer banks decide to get them from 3rd parties: KYC and identity verification, credit risk and scoring, AML customer screening and monitoring, regulatory reporting, loan collection and recovery, transactions monitoring, data analytics, CRM, etc.

Finbold research shows over 40 new digital banks emerged in the last year globally despite the economic meltdown. Data indicates that as of October 2022, Europe was home to 97 neobanks, the highest number worldwide, representing a growth of 27.63% from 76 recorded in October 2021.

A report by strategy consultancy Fincog states that digital neobanks are now serving a combined customer base of 1 billion people.

Trigger Software’s Neobank Engine powered by Mambu is a perfect choice for companies who want to launch their digital neobank at a fixed cost and fixed time.

With Mambu, the launch is possible at the unseen speed of 3 months. With other banking platforms, launches are possible in 6 months. Projects that used to take years and millions of dollars of investments can be done 10x faster and 10x less expensive, relying on the Neobank Engine and Trigger Software capabilities.

"The neobanking space is booming. It is easy to get lost among dozens of vendors and hundreds of necessary components. At Trigger Software we solve this problem for our customers. We’re a reliable technology partner that has already tested all the components for a successful digital bank launch." -Max Bondar, Founder & CEO at Trigger Software.

Trigger Neobank Engine ensures that Android and iOS apps are adapted to the bank’s brand book, style guide, and tone of voice. Trigger Software developed an interface constructor that allows one to easily edit the front-end components and play with fonts, colors, images, and other parts of the design system.

"The best financial brands in the world, such as N26, Western Union, and Raiffeisen Bank International are powered by Mambu's cloud banking platform. In partnership with Trigger Software, we enable customers to build great banking experiences with unprecedented speed, quality, and cost-effectiveness."- Miljan Stamenkovic, General Manager Middle East & Africa at Mambu.