Mambu in 2020 - CEO and Co-Founder , Eugene Danilkis
Mambu in 2020 - CEO and Co-Founder , Eugene Danilkis
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225 says Danilkis . “ That has a tremendous benefit on the business side ; it means if you want to , let ’ s say , change how your financial products behave , or how you capture customer data , you don ’ t need to go into the nitty gritty of the code .” Because Mambu maintains and manages the platform , the ease of delivery is akin to a subscription service , one where continuous streams of updates are layered in such a way that doesn ’ t disrupt the end-user ’ s business . “ Effectively , our clients don ’ t need to invest massive amounts into the projects upfront ; they pay for the service as they go , with the option to pay varied amounts for different elements .” Because Mambu is able to offer banks the opportunity to add their own customer-facing value , it substantially accelerates product time-to-market and enables greater resource allocation agility . However , despite these benefits , Danilkis relates that the initial challenge of the company was overcoming scepticism levelled at cloud , itself a new technology at the time . “ Working with banks and banking regulators , we
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