Bank Jago, an Indonesia-listed bank, has selected Mambu’s SaaS banking platform as its technology foundation as the bank begins its journey towards operating as a technology based-bank.
Mambu’s innovative, flexible and responsive digital banking platform will underpin Bank Jago’s service offerings, which will initially include everyday transactions and payments, with plans to branch out into SME lending.
Bank Jago is the first organization to benefit from the recently announced strategic partnership between Mambu and Google Cloud, which allows banks and financial institutions in countries like Indonesia, where banking data must remain ‘in country’, to operate in the cloud.
In April 2021, Bank Jago launched its smartphone app that makes money management simple, collaborative and innovative. Because of its life-centric design, including novel collaboration features in financial services, the app enables consumers, together with their families and friends, to live their lives to the fullest.
Myles Bertrand, Managing Director, APAC at Mambu
We’re excited to bring our composable banking approach to Indonesia and to work with Bank Jago. Now that our strategic partner Google Cloud has made cloud banking a reality in Indonesia, we expect to see great progress made in the region in a very short space of time.