The Rise of Fintech and Banking Disruption

Mambu wins Swift’s Innotribe’s European Innovator Challenge

2014 Final Badge

Following our participation in the first regional semi-final of the Swift Innotribe Global Challenge, we were delighted to be selected as the winner in the ‘Innovator’ category, so we are now looking forward to the global Grand Finale, which takes place at SIBOS, Swift’s annual conference, later this year in Boston, USA. The London showcase of the Innotribe Startup Challenge saw 15 of the region’s most promising fintech startups and innovators present their businesses to an audience of hundreds of the financial industry’s most influential innovators, investors, industry experts, venture capitalists and press.

It was clear that the Mambu pitch resonated with many of the attending investors, entrepreneurs, bankers and technologists, as it is widely acknowledged that it is incredibly hard to deliver basic banking services to many of the world’s individuals and micro and small to medium businesses.  Our platform gives banks and other financial innovators the opportunity to reach previously untapped markets, dramatically transforming how they design, deliver and service the world’s underbanked individuals and businesses. Making it to the Innotribe Grand Finale in Boston gives us a superb platform to show startup banks and other financial innovators how cloud technology can help get them to market faster and more flexibly than ever before.

In reviewing the winners of the European showcase, Fabian Vandenreydt, Head of Markets Management, Innotribe and the SWIFT Institute commented: “London was a great kick-off to the 2014 Startup Challenge and it was exciting to see so many inspiring companies present their innovations to a packed room. All of the pitches were of the highest standard and these companies can be proud of their achievements. Now into the third full year of the Startup Challenge, we continue to see our network grow, allowing us to provide more startups with even greater opportunities to connect with the financial industry. We wish the finalists the best of luck at Sibos in Boston later this year.”

You can see our full pitch here and read the Innotribe Showcase wrap up report here