Orange Bank has announced it will migrate to Mambu’s cloud banking platform at its head office in France based on the successful launch of Orange Bank on Mambu in Spain in 2019.
The bank leverages Mambu to manage its current account, loan and credit card products with a government-regulated savings account under development. The implementation in France signals the bank’s intention to operate a single banking platform to scale Europe-wide. Launched in 2017, Orange Bank offers banking solutions designed natively around customers’ mobile uses. Its digital-first ethos allows customers to autonomously perform all transactions from their mobile application, with ease and speed.
“Innovating for customers is at the centre of our strategy, and in Mambu’s cloud banking platform we found not only an innovative solution but a supportive and trusted partner,” said Stephane Vallois, CEO, Orange Bank. “We have the agility to build and launch new features with a shorter time-to-market which adds real customer value. We see cloud as a differentiator, it allows us to leverage strong data security and lower maintenance costs to grow faster and scale globally.”
Orange Bank is powered by Mambu and leverages Amazon Web Services (AWS) native services like EKS, RDS, Elasticache, Lambda, which enables the digital bank to operate from the cloud, while supporting the rapid deployment of financial products and services. Building its core banking systems on Mambu hosted in AWS ensures Orange Bank can scale its operations and improve the banking experience for its customers across Europe.
