Google Cloud hails cloud banking firm Mambu at its 2023 Partner Awards

Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud
Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud

Mambu announced that it has received the 2023 Google Cloud Industry Solution Technology Partner of the Year Award for Financial Services and Insurance. Mambu was recognised for its achievements in the Google Cloud ecosystem, helping joint customers leverage the robust scale, ease of use, and agility that a cloud-native core banking platform brings to the products and services that today’s fintechs, banks, and financial institutions provide.

What was Mambu recognised by Google Cloud?

Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud: “These awards recognize the impact and customer success that our partners have driven in the past year. We’re delighted to recognize Mambu as a 2023 Google Cloud Partner Award winner, and look forward to a continued strong partnership in support of our mutual clients.”

The recognition is a testament to the success that financial services organisations realise from leveraging Mambu, underpinned by Google Cloud, and the market is ripe for disruption. According to new Mambu research, financial institutions (FIs) that run on a true SaaS platform bounce back from market turbulence nearly 2.5x faster than their industry peers.

The groundbreaking Google Cloud solution decreases time to market for customers by enabling multi-cloud interoperability with a Kubernetes-based platform. It opens access to new markets in regions with varying data residency requirements, provides a secure infrastructure to customers and their users, and reduces Mambu customers’ IT running costs.

What does the recognition mean for Mambu?

Commenting on the recognition, Omar Paul, Senior Vice President, Product and Engineering at Mambu: “Clients are increasingly looking for digital-first and easy-to-use financial services.”

“This convenience is best delivered with cloud technology. Partnering with Google Cloud allows Mambu to quickly adapt and transform for its customers, while expanding our solution and market reach with joint strategies in the global financial services space. We’re proud to be named a Google Cloud Industry Partner of the Year for Financial Services, recognised for creating industry-leading solutions and strong customer experiences with Google Cloud.”

In the last few years, Mambu has emerged as a leader in cloud banking and one of Europe’s leading fintech unicorns. The alliance with Google Cloud enables Mambu’s success, bringing its SaaS offering to a host of financial services institutions, including bob Finance, Bank Jago and Libertad Soluciones de Vida, as more and more organisations make the leap to the cloud.