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.

nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced an expanded partnership with Salesforce to accelerate the delivery of best-in-class cloud solutions to the financial services industry. This builds on nCino and Salesforce’s long-standing collaboration, established in 2011, to empower financial institutions with digital innovations that increase efficiency, transparency, and reduce risks while driving customer growth and loyalty.

“Our strategic partnership with Salesforce has enabled nCino to transform the financial services industry by providing industry-specific solutions that drive efficiencies, deliver intelligence, and help institutions modernize for a more agile future,” said Pierre Naudé, Chairman and CEO of nCino. “We’re glad to again be expanding our work with Salesforce and are committed to utilizing each other’s strengths to further benefit financial institutions of all sizes around the globe.” 

“nCino’s success is a testament to the enormous opportunity in front of ISVs building on Salesforce,” said Brian Landsman, Executive Vice President, Global Technology Partners, at Salesforce. “Salesforce is the world’s #1 AI CRM, trusted by thousands of partners to power purpose-built solutions for highly specialized industries. The expansion of our work with nCino will only accelerate how our customers are reimagining the future of personalized financial services.”

As part of the agreement, nCino will deepen its connectivity to Salesforce platform tools including CRM, powered by AI and automation, and Financial Services Cloud. These innovations will empower financial institutions utilizing nCino and Salesforce to further modernize customer experiences like onboarding, loan origination, deposit account opening, and portfolio management. 

The expanded agreement also includes updated commercial terms which are expected to improve nCino’s subscription gross margins, minimum payment commitments from nCino during the first four fiscal years of the term of the extension, and an extension of the term of the agreement to 2031.

Tabby, the MENA’s leading shopping and financial services app, has secured up to $700 million in receivables securitization from J.P. Morgan. The deal represents the largest asset-backed facility obtained by a fintech company in the MENA region.

In parallel to the securitization financing, Tabby has extended its Series D financing to close $250 million with participation from Hassana Investment Company. The Series D was also joined by US-based Soros Capital Management and KSA-based Saudi Venture Capital (SVC).

The financing bolsters Tabby’s balance sheet amidst increasing demand for its core buy now, pay later platform and enables more capital to continue expanding Tabby’s financial services and shopping products for its 10 million consumers and 30,000 retailers.

Hosam Arab, CEO and Co-Founder of Tabby, said: “Securitization is a major milestone, not only for Tabby but also the first of its kind for the region. It mirrors the rapid growth and evolution of the fintech landscape in our markets. We’re incredibly proud of our collaboration with J.P. Morgan, Hassana, Soros and SVC. Their teams’ confidence in our vision and capabilities underscores Tabby’s pivotal role in reshaping personal finance and shopping in MENA.”

George Deves, Co-Head of Northern European ABS at J.P. Morgan, said: “We are pleased to be collaborating with Tabby on this new transaction. A vibrant and growing consumer lending sector is vital for the local economy and we are pleased to work with Tabby on this strategic initiative to support retail credit throughout the Middle East.”

Ahmed Al Qahtani, Chief Investment Officer for Regional Markets at Hassana Investment Company, said: “The recent Series D funding round, coupled with the $700 million asset-backed securitization, will support Tabby in amplifying its reach and impact. As a committed and long term investor, we believe in Tabby's vision to empower consumers and merchants alike and reshape the future of financial services in Saudi Arabia and the wider MENA region. Tabby is poised for accelerated growth, further market penetration, and continued innovation. The company remains focused on delivering exceptional value to both consumers and merchants while maintaining its commitment to transparency, affordability, and responsible lending practices.”

Alchemy Pay, the pioneering fiat-crypto payment gateway, has entered into a strategic partnership with Worldpay, the No.1 global acquirer, to amplify its payment channels and elevate its payment capabilities. This partnership grants access to Worldpay's Visa and Mastercard payment rails on Alchemy Pay's On & Off-Ramp, empowering users to enjoy increased efficiency and better customer experience when buying and selling crypto using their credit and debit cards. Moving forward, Worldpay's payment channels will also support Alchemy Pay's NFT Checkout, making NFT accessible for a wider audience.

Acquired by the global financial technology leader FIS (NYSE:FIS) in 2019, Worldpay stands as the top acquirer on Nasdaq in terms of market capitalization and is also recognized as the largest global acquirer based on general-purpose transaction volume. On a daily basis, Worldpay handles over 130 million transactions across mobile, online, and in-store platforms, supporting operations in more than 146 countries and dealing with 135 currencies. With a vast network of over 1 million merchants globally, Worldpay's expertise lies in fast settlement and extensive experience in international and cross-border payments. Through the partnership with Worldpay, Alchemy Pay aims to significantly enhance its global presence by reducing the barriers associated with buying and selling cryptocurrencies and NFTs.

In response to the emergence of innovative trends in crypto and blockchain technology, Worldpay has enthusiastically embraced cryptocurrency by offering payment services and set its sight for a future marked by widespread crypto adoption. The FIS group has facilitated over $20 billion in transactions from card to crypto. Worldpay has forged partnerships with prominent crypto entities, including Fireblocks, Circle, and crypto.com, among others. Notably, in 2022, Worldpay achieved the distinction of being the first global merchant acquirer to provide direct settlement in USDC.

"Utilizing Worldpay's extensive global reach, Alchemy Pay is now better positioned to assist our business partners and users in seamless cryptocurrency transactions worldwide, providing enhanced payment experiences and more favorable fee structures," commented Robert McCracken, the Ecosystem Lead at Alchemy Pay. "We are excited about the collaboration with Worldpay to advance the mainstream accessibility of crypto and digital assets."

"As a global leader in providing payment solutions to the digital assets space, Worldpay is delighted to have been selected by Alchemy Pay as their payment processing partner. Alchemy Pay's mission to promote global adoption of digital assets by connecting fiat to the Web3 economy is aligned with Worldpay's role in bridging the gap between traditional and digital finance. We are proud to be a part of Alchemy Pay's growth story and look forward to a successful partnership." said Nabil Manji, the Head of Crypto and Web3.0 at Worldpay.

As a leading crypto payment service provider, Alchemy Pay seeks to enable widespread use for crypto and Web3 services by facilitating access to fiat payments. Demonstrating a successful history of robust payment capabilities, Alchemy Pay supports transactions in over 50 fiat currencies through payment methods such as Visa, Mastercard, Discover, and Diners Club across 173 nations. Additionally, it accepts payments through Google Pay, Apple Pay, various domestic transfer options, and popular mobile wallets in emerging markets.

Alchemy Pay is proactively pursuing and securing licenses to operate payment services in diverse countries and regions, encompassing Arkansas in the United States, Canada, Indonesia, and Lithuania. Notably, in November, Alchemy Pay successfully obtained a Money Services License in Iowa, following its acquisition of an MTL license in Arkansas in September. Furthermore, Alchemy Pay has gained recognition from Visa and Mastercard as an authorized third-party service provider. These achievements underscore Alchemy Pay's expertise in the crypto payment industry and its steadfast commitment to compliance and regulatory standards.

JULO, a leading Indonesian peer-to-peer financial technology company, launched JULO Cares on December 15th, 2023, a first-in-market unique insurance cover embedded within the core JULO digital credit solution. This benefit launched under the JULO Cares platform provides ongoing device protection to users when they avail of JULO's digital credit.

The general insurance penetration rate in Indonesia is low at 2.75 % and the Indonesian government aims to increase this to 3.2% by 2027, according to The Indonesia Financial Services Authority. Lack of literacy and affordability of insurance premiums are the primary reasons for this low penetration.

Chief Business Officer of JULO Group, Nimish Dwivedi, explained "We aim to add a layer of insurance inclusion to financial inclusion. With JULO Cares, we provide a unique gadget protection cover to our valued users. This embedded insurance cover gets auto-activated as part of the transaction flow itself when customers are using JULO's digital credit. Once activated, this cover protects their existing smartphone against all forms of device damage, ranging from dropping their phone by accident to incidents of phone theft. With this protection, we aim to ensure that our valued customers never lose access to their JULO app."

One of JULO's users, Susanna, shared her experience: "This is quite new to me! Working as a tutor requires me to move a lot and I rely heavily on my smartphone gadget. Felt reassured that this gadget is now protected".

"JULO Cares offers unique and helpful benefits to our customers. This also includes an Accident Protection Cover, in partnership with the Indonesia Social Security Agency for Employment. We are committed to continuously expanding our range of protection options under the JULO Cares platform", said CEO & co-founder of JULO, Adrianus Hitijahubessy.

This innovative product is backed by Sompo, a global general insurer with a track record of more than 48 years in Indonesia.

Throughout 2023, JULO has been committed to innovation by launching various products and features to empower underbanked and unbanked individuals in Indonesia. These include JULO Turbo, a product that provides instant credit from download to disbursement in just 5 minutes, and JULO Education, which provides education financing across any school, any college, and any online course in Indonesia.

"Through JULO Cares, we want to give our valued customers not just financial benefits, but peace of mind", ended Nimish.

Newgen Software, a global provider of low-code digital transformation platforms, announced that the Development Bank (DB) selected Newgen to streamline its Banking Processes and Deliver Transformed Experiences.

The financing arm for the government to support SMEs based in Oman is dedicated to enhancing its banking processes, aiming for a seamless, secure, and omnichannel experience for its customers. To achieve this, they opted for Newgen's intelligent process automation (BPM) and contextual content services (ECM) offerings, built on the NewgenONE low-code platform. This project would be executed with the help of Newgen's platinum implementation partner, Ikyam Technologies.

Leveraging Newgen's solutions, the bank will oversee the entire content lifecycle, from origination to disposition. The solution provides efficient tools for capturing content from diverse sources and facilitates instant document uploads—managed within a secure, centralized repository. The bank can optimize processes and foster collaboration between front- and back-office teams through user-friendly workflow automation. Moreover, the solution will allow DB to mitigate business risks by ensuring compliance and securing business-critical information. The integration with core banking and third-party systems will provide a unified experience.

"With Newgen's robust solution, we look forward to achieving a paperless work environment that will enhance efficiency, reduce overall costs, and eliminate process bottlenecks. This will help us meet the targeted growing demand and scale operations to handle high-volume transactions efficiently, leading to a better customer experience. With this implementation, we are poised to set new benchmarks in delivering innovative financial services, empowering SMEs financially, and aligning with the country's economic development goals," said Mahmood Al-Yafai, Digital Transformation Program Director, Development Bank.

"It brings us great pleasure to partner with DB, supporting and advancing their digital transformation program's goals. DB's trust enhances our standing as a robust, adaptable, and scalable platform meeting the diverse spectrum of banking customer needs. We look forward to helping the bank build a strong foundation with digital banking and supporting their future initiatives," said Vivek Bhatnagar, VP – EMEA Sales, Newgen Software.

AppTech Payments Corp., a pioneering Fintech company powering frictionless commerce between business-to-business and business-to-consumer, announces it has retained CORE IR, leading investor relations, public relations, and strategic advisory firm, to assist the Company with investor relations and shareholder communications services.

AppTech CEO Luke D’Angelo commented, “We believe CORE IR’s integrated approach to communications and investor engagement will help AppTech to expand our breadth of both institutional and retail investors while clearly articulating our story to the public at large. We believe we have the potential to revolutionize the mobile commerce industry with Specialty Payments and look forward to collaborating with CORE to help investors understand the opportunities we represent as we continue on our growth trajectory.”

CORE IR will focus on expanding market awareness for AppTech, conveying the company's business model and growth strategies to the institutional and retail investment communities. CORE IR, a boutique Investor and Public Relations and strategic advisory firm specializes in leveraging the most effective investment, growth, and exposure strategies for small to mid-sized publicly traded and privately held companies through an integrated approach to relationship development and corporate communications.

“CORE IR is a great fit for AppTech, as the breadth of our team’s experience and capabilities will serve the Company’s Investor Relations and communications goals by utilizing tailored strategies toward driving market awareness, expanding outreach, and engaging with the investment communities. We look forward to a strong strategic partnership that facilitates improved communications and supports shareholder value creation,” added Scott Gordon, president of CORE IR.

Layer2 Financial, a leading BaaS and payments infrastructure technology, is excited to announce a strategic partnership with Evita, a B2B cross-border payments solution specializing in large transactions. This groundbreaking collaboration marks a significant milestone in the financial technology landscape, leveraging the strengths of both entities to streamline and optimize cross-border payment processes.

"Evita's decision to partner with Layer2 was driven by their exceptional speed, agility, and ability to navigate complex compliance layers". Said George Goognin, Founder of Evita. "The partnership enables us to manage compliance efficiently, and paves the way for ramping up USD operations."

Evita distinguishes itself by focusing on large transactions, particularly in markets where traditional financial institutions fall short. Notably, the company excels in facilitating transactions related to high-value items such as luxury cars and Italian furniture, offering an alternative to major banks like Bank of America and Chase. By utilizing their own liquidity and direct local payment rails, Evita ensures faster and more cost-effective payments for their clients.

Goognin expressed his astonishment at the remarkable speed of onboarding with Layer2, stating, "I thought they were joking with me when they said our account was up and running. After engaging with more than 40 banks,, and encountering promises of months-long processes, the efficiency and speed with which Layer2 had our account ready took me by surprise. It's a testament to their commitment to streamlining financial processes and providing a level of service that goes beyond industry expectations."

Evita will leverage Layer2 to open FBO (For Benefit Of) accounts for its clients, enhancing Evita's ability to operate seamlessly with US Dollars and enables customers to have individual US/Native accounts, simplifying wire instructions and reducing the likelihood of errors.

In an environment where many banks now shy away from crypto, George is a vocal advocate for its transparency, trackability, and safety in the financial system. He believes that the collaboration between these two companies will help rebuild trust as digital and fiat currencies are poised to reshape the landscape of large, cross-border transactions.