Mambu and Mastercard have announced a strategic collaboration that will make it easier for financial institutions using Mambu to offer fast, secure and transparent cross-border payments. Through the partnership, Mambu will connect Mastercard Move, Mastercard’s portfolio of global money movement capabilities, with its Intelligent Core, a cloud-native core banking and payments platform built to process, orchestrate and extend financial services at scale. The integration will give Mambu customers a pre-built connection to Mastercard Move’s cross-border payment capabilities, helping reduce implementation complexity and accelerate time to market.
The collaboration addresses the persistent complexity of international payments, which require financial institutions to navigate different currencies, payment networks, regulatory requirements and settlement processes. By integrating Mastercard Move with Mambu’s Intelligent Core, financial institutions will be able to offer cross-border payment capabilities within digital banking journeys, creating a more seamless customer experience. Mastercard Move enables money to move within and across more than 200 countries and territories and in more than 150 currencies, reaching 17 billion endpoints and approximately 95 per cent of the world’s banked population.
Fernando Zandona, Chief Executive Officer at Mambu, said: “Adding cross-border payment capabilities shouldn’t require financial institutions to take on years of integration work or rethink their entire tech stack. By integrating Mambu’s Intelligent Core with Mastercard Move, we are giving our customers a simpler way to introduce these capabilities, accelerate time to market and continue building on the investments they’ve already made. That’s the value of a composable foundation: it lets the Intelligent Core keep extending what financial institutions already trust, rather than replacing it”. Pratik Khowala, Global Head of Transfer Solutions at Mastercard, said: “Despite advances in digital payments, moving money across borders remains complex and fragmented, with people and businesses expecting greater speed, transparency and certainty. Mastercard Move combines global reach with trusted money movement capabilities to help financial institutions meet those expectations”.
The collaboration builds on Mambu’s expansion into payments following its acquisition of Numeral in 2024, and will provide a broad foundation for banks to develop cross-border payment services that meet the changing needs of SME and retail customers. Demand for faster and more transparent international money movement continues to grow, particularly among small and medium-sized enterprises paying international suppliers and retail customers sending money abroad for purposes including family support, education and travel.
