INTELLIGENT BRANDS // Cloud
Dineo Crédito and Mambu join forces to transform digital lending in Spain
Dineo Crédito , a Spanish microlender that is part of the international retail leader Cash Converters group , has entered a partnership with Mambu , a leading cloud banking platform .
Part of the Spanish Fintech Chamber and Asociación Española de Micropréstamos , Dineo Crédito is committed to promoting financial inclusion and has already helped 1.2 million borrowers , providing them with crucial financial support .
With a unique digital and physical presence spread across Spain and Portugal , its strong commitment to ethical lending has gained considerable traction within the Cash Converters group in recent years . The simplicity and agility of Dineo Crédito ’ s products have already garnered positive feedback from customers , setting it apart from competitors .
On Mambu ’ s modern core , Dineo Crédito can capitalise on its flexibility to compete in a dynamic market and ensure it is able to stay ahead amid the evolving regulatory landscape .
“ We were in search of a player that could help us co-create our product roadmap and support us through our Digital Transformation journey more efficiently and effectively ,” said María Sánchez , Head of Dineo Crédito . “ Mambu ’ s proven track record with lenders , breadth of possibilities the platform offers , and close collaboration throughout the process made it the perfect fit for our needs .”
Running on Mambu , Dineo Crédito aims to expand its lending portfolio to include more traditional lending products with higher loan amounts and longer terms . This move will enhance its strategic edge , offering diversified financial solutions to attract a broader range of borrowers .
Victor Indiano , Area Manager , Southern Europe at Mambu , adds : “ Our partnership with Dineo Crédito has gone from strength to strength . Its ambition to promote financial inclusion and commitment to ethical and transparent banking perfectly aligns with our own ambitions and values here at Mambu . We are proud to be supporting Dineo Crédito and its customers in this crucial time .”
Dineo Crédito joins a growing number of banks , financial service providers and EMIlicensed institutions in Southern Europe that run on Mambu , including Plazo , Orange Bank and Universo Sonae , among others . Leveraging Mambu ’ s technology , they are able to speed up the development of financial solutions and offer customers best-in-class products and experiences with the reassurance of a proven partner by the local regulators . p
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