Cloud banking platform Mambu named in Forbes 2023 Cloud 100

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Cloud banking platform Mambu, which offers know-how to all kinds of lenders, has been named within the Forbes 2023 Cloud 100.

Printed by Forbes in partnership with Bessemer Enterprise Companions and Salesforce Ventures, the record ranks the highest 100 non-public cloud corporations on the planet.

Learn extra: Mambu launches digital lending product for SMEs

The Cloud 100 critiques submissions from tons of of cloud startups and personal corporations annually. The Cloud 100 analysis course of concerned rating corporations throughout 4 elements: market management (35 per cent), estimated valuation (30 per cent), working metrics (20 per cent), and folks and tradition (15 per cent).

“We’re honoured to be named on the Forbes 2023 Cloud 100 record alongside business friends for the third 12 months operating,” stated Fernando Zandona, interim chief govt at Mambu. “It is a testomony to the continuing strides we’ve made to proceed to ship progressive services, whereas serving to our clients on their very own journey to the cloud.

Learn extra: Mambu groups up with Amazon, Google and Microsoft

“We’ve seen firsthand how transferring to the cloud means that you can launch monetary merchandise sooner and extra cheaply than conventional strategies. Therefore, embracing the cloud is extra necessary than ever given the difficult financial surroundings and larger concentrate on effectivity, and we’re proud to be a part of this transformation with our clients.”

“The businesses of the Cloud 100 record characterize the very best and brightest non-public corporations on this essential tech sector,” stated Kenrick Cai, the Forbes editor of the Cloud 100. “This 12 months’s corporations needed to react quickly to AI’s sweeping affect whereas contending with a market pullback. Their resilience places them in elite firm. Congratulations to every of the 2023 Cloud 100 honorees and the 20 Rising Stars who’re displaying early potential to someday be a part of their ranks.”

Learn extra: UK fintech funding hits file ranges



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