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NF Innova | NFG and Mambu Team Up to Deliver New Digital Banking Solution

New Frontier Group (NFG), the company behind software development and digital transformation firm, NF Innova, has announced a new partnership with SaaS banking specialist Mambu. The partnership will enable NFG to extend its digital banking offering, creating a fully online and automated digital banking solution that will make it easier for FIs to not only digitize and automate customer-facing processes, but also get new products and services to market faster.

“Customer expectations have changed and institutions need to be flexible enough to respond quickly in an evolving market,” NFG Managing Director Gregor Bierent said. “Our partnership with Mambu is a natural fit that creates an integrated solution where the approach to agility, integration, modularity is aligned.”

NFG’s platform provides personalized, real-time service and easy onboarding across all digital channels. Leveraging Mambu’s banking engine, the solution delivers PFM, customer segmentation, smart bots and other applications via a cloud-native API-enabled architecture. Institutions can readily integrate complementary solutions to the platform to suit the specific needs of their markets, as well.

“We can now deliver an end-to-end solution from online onboarding to loans administration, KYC and availability across opti-channels, ranging from mobile to watches which are all managed through a single interface,” Bierent added. “Through the intuitive and configurable combined solution, institutions can offer their customers a rich and seamless experience.”

“We are pleased to welcome NFG to our growing partner ecosystem,” Mambu CTO and CPO Ben Goldin said. “Their opti-channel solution will help our mutual clients to create intuitive and seamless experiences for digitally driven financial institutions.”

NF Innova was founded in 2013 and is headquartered in Serbia. The company demonstrated its iBanking Opti-Channel Bot at FinovateEurope 2018. Part of the New Frontier Group, NF Innova is dedicated to building state-of-the-art customer engagement solutions. The company also announced this week that Albania’s Raiffeisen Bank will be deploying its digital self-service kiosks to provide 24/7 availability, reduced transaction times, and improved ease of access for the bank’s customers.

Mambu made its Finovate debut at FinovateAsia 2013 in Hong Kong. Based in Berlin, Germany, and founded in 2011, Mambu leverages its cloud-based SaaS technology to provide financial institutions with a state-of-the-art, end-to-end core banking system. Mambu’s offering provides FIs with a range of solutions including loan and deposit product creation and servicing as well as client relationship management and reporting. With more than $13 million in funding, Mambu includes Acton Capital Partners and CommerzVentures among its investors. Eugene Danilkis is co-founder and CEO.