Mambu and Change Financial join forces to bolster digital banking and payments capabilities in ANZ

Award winning cloud banking platform Mambu and global  payments as a service (PaaS) provider Change Financial (Change), today announced a  partnership to deliver market leading digital banking and payment capabilities in Australia and  New Zealand. 

The partnership will see Change’s Vertexon PaaS platform, which enables banks and fintechs to  deliver physical and digital card payments and processing, added to Mambu’s application  programming interface (API)-driven cloud banking platform. With today’s customers expecting  on-demand access to multiple digital payments and modern banking experiences, Mambu and  Change will leverage an ecosystem approach, working together to deliver fast-to-market SaaS  solutions to Australian and New Zealand financial institutions.  

The partnership will allow seamless integration of adding prepaid, debit and credit card and  processing capabilities as well as digital card payments like Apple Pay, Google Pay and  Samsung Pay to Mambu’s platform. Change’s solutions include Buy Now Pay Later features for  cards and transaction processing for all major schemes, including Mastercard, Visa, Amex, JCB  and UnionPay. 

Mambu Managing Director Asia Pacific, Myles Bertrand said, “Mambu’s partnership with Change  strengthens our digital payments capabilities, whilst enabling Change to connect its customers to  our market leading cloud-native core banking solution. 

Change’s product roadmap and focus on the provision of seamless digital payments is a  powerful addition to Mambu’s composable cloud banking foundation. We see a great deal of  synergy in this partnership, and we’re excited about the opportunities it will bring to our  customers.” 

Change Chief Product Officer, Vinnie D’Alessandro, said, “The strategic partnership with Mambu  supports our growth objectives for the Australian and New Zealand markets. Our card payments  and processing technologies are essential for a modern digital banking experience, and our  combined solutions with Mambu’s composable banking platform will deliver innovative payment  and digital banking solutions to our end customers.” 

Mambu General Manager Australia and New Zealand, Paul Apolony, added “Change is a leading  provider in the global payments space, like Mambu they’re committed to digital transformation  using SaaS solutions and a customer-centric approach. We believe our combined functionalities  will enable customers of both organisations to shift to a high-velocity operating model with  minimal effort.” 

Mambu will also be working with Change to make their payment emulation and testing solution,  PaySim, available to clients. PaySim allows financial institutions to simulate and test the full  payment lifecycle of their systems including load and stress testing as well as ATM, POS and  card scheme simulation.  

“We look forward to leveraging the synergies this partnership brings to deliver agile and fast to  market results for our customers,” Mr Apolony concluded.  


MEDIA RELEASE  For media enquiries:  

Change – Sam Rockliff 

change@honner.com.au 

+ 61 400 168 007 

Mambu – Rachel McDougall  

rachel@whitehatagency.com.au 

+61 401 694 301  


About Change Financial Limited 

Change Financial (Change) is an experienced global fintech, listed on the Australian Securities  Exchange (ASX) providing tailored payment solutions, card issuing and testing to banks and  fintechs. Partnering with over 147 clients across 41 countries Change delivers simple, flexible,  and fast-to-market payment solutions.  

Managing and processing over 16 million credit, debit, and prepaid cards worldwide, Change  also provides the default standard for payments testing for many Australian companies, including  Australia’s domestic card payment service eftpos.  

Learn more about Change at www.changefinancial.com 


About Mambu 

Mambu is the cloud banking platform where modern financial experiences are built. Launched in  2011 Mambu fast-tracks the design and build of nearly any type of financial offering for banks of  all sizes, lenders, fintechs, retailers, telcos and more. Our unique composable approach means  that independent components, systems, and connectors can be assembled in any configuration  

to meet business needs and end user demands. Mambu has 800 employees that support 200  customers in over 65 countries – including N26, BancoEstado, OakNorth, Raiffeisen Bank, ABN  AMRO, Bank Islam and Orange Bank.  

Learn more about Mambu at www.mambu.com

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