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Mambu has expanded its Payments Hub platform into Southeast Asia, making it available in Indonesia, the Philippines, Malaysia and Singapore for the first time.
The rollout follows adoption of the hub by banks and fintech firms operating across multiple payment schemes and jurisdictions, as the company strengthens its payments offering in the region.
The cloud-native, API-first platform enables financial institutions to manage multiple payment rails through a single system.
It supports processing, liquidity management and reconciliations across markets while maintaining compliance.
Mambu said institutions can connect to new schemes and onboard banking partners more quickly, in some cases up to six times faster, while reducing manual processes.
David Becker
David Becker, Managing Director and Head of APAC Sales at Mambu, said,
“Mambu’s Payments Hub provides a modern, cloud-native platform that enables the orchestration of multiple payment rails, real-time payment processing, and the build and scaling of new payment solutions more quickly and efficiently and all on a single system.”
Edouard Mandon
Edouard Mandon, VP Payments at Mambu, said,
“Payments are becoming more global and more local, more interconnected and more fragmented, and now move in real-time. This complexity makes scaling payments across multiple markets challenging.
To solve this, we have expanded our payments hub to give institutions access to local schemes while maintaining a consistent integration and operational experience.”
The platform is already used by Western Union, BCB Group, Flowe and Spendesk to support payment flows at scale and regional expansion.
Featured image: Edited by Fintech News Singapore, based on image by thanyakij-12 via Freepik
