Mambu began life in 2011 as a service for those not reached by traditional banks. In 2016, it provides core-banking software and infrastructure to financial innovators and retail banks. In the last 12 months it has won 30 new customers and added new functionality, including support for various SME and P2P lenders. As part of a global growth strategy, which saw it attract $8m investment. in 2016, Mambu plans to expand its commercial team, increase investment into the platform and open further offices to support growth in Asia and the Americas.