Financiera Dann Regional’s New IRIS Bank Selects Mambu SaaS Suite

Financiera Dann Regional’s IRIS commercial neo-bank spinoff selected Mambu’s SaaS digital Platform to launch operations in record time after receiving regulatory approval to operate. IRIS broke further ground as Colombia’s first purely digital bank focused on small & medium business. IRIS corporate customers can now open online savings accounts from anywhere in Colombia, transfer funds between IRIS and other bank accounts, make vendor and payroll payments, schedule automatic transactions, and receive digital statements. The Mambu SaaS Platform is currently helping IRIS finalize additional capabilities to provide its clients a full stack financial product suite.

“We are excited to keep working with Mambu. It has helped us deploy Colombia’s first digital bank for SMEs. We are reaching out to the country’s traditionally underserved sector with solutions that are not only easy, but also scalable and effective, allowing us to provide a wide array of value-added services to our clients,” said Lorenzo Garavito, CEO of both Iris & Financiera Dann.

Mambu’s cloud-native SaaS subscription-based platform allows Financiera Dann Regional to expeditiously scale its growth and enables agile SME product design and launches.

“We are very excited to continue expanding our relationship with Financiera Dann Regional to power IRIS, Colombia’s first neobank for SMEs that provides digital financial products to the business sector. Our cloud-native platform provides the flexibility, agility, and speed financial institutions need to construct full suites of cutting edge digital financial services. As the world’s only true SaaS cloud digital banking platform, we can design, deploy, and scale clients’ projects faster and more securely than any other company on the market,” said Edgardo Torres-Caballero (above), Managing Director of Mambu Latin America.