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 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.
By implementing solutions from Mambu and Google Cloud, Bank Jago is able to swiftly introduce life centric digital financial services to all its customers.
Myles Bertrand, Managing Director, APAC at Mambu, said:
“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. According to the World Bank, less than half of all Indonesian adults currently have a bank account, so we expect that Bank Jago’s digital offerings will help to enhance financial inclusion within the region.”
Megawaty Khie, Country Director for Google Cloud Indonesia, said:
Bank Jago President Director Kharim Siregar, said:
Mambu’s cloud banking platform and its partnership with Google Cloud offer the core banking solution that we are looking for and will allow us to focus on offering flexible cloud-based banking services to our customers.”
