Mambu partners Visa for end-to-end card issuing and processing

Software as a Service (SaaS) as a cloud-based service Mambu, a banking technology vendor that provides core banking software, has partnered with payment giant Visa to leverage Visa DPS, one of the world’s largest processors for Visa debit transactions. increase.

Mambu partner visa

The company is developing an integration with Visa DPS, “this gives financial institutions more flexibility in offering new card products and services to their customers.”

Mambu said the move will provide customers with a “seamless connection” to Visa DPS for end-to-end card issuance and processing, and the partnership will “raise the growing demand of FinTech and existing financial institutions. It reflects the importance of interconnection to meet. ” Payment services are an important part of the financial institution’s offering.

Kevin Trilli, Chief Product Officer at Mambu, said: Service provider strategic partnerships and interoperability provide clients with the best value, choice and flexibility, whether they are embarking on digital transformation or extending a new card program. .. “

Vendors welcomed the adoption of four new leaderships to boost growth after raising 235 million in a series E round in December 2021 with a valuation of 4.9 billion.