SEEP is the largest and most diverse network of its kind, comprising international development organizations and global, regional, and country-level practitioner networks that promote market development and financial inclusion. Members are active in 170 countries and support nearly 90 million entrepreneurs and their families.

"We are at a transformative point in the evolution of the microfinance sector, as world leaders embrace the mandate of global financial inclusion, and technological innovations present immeasurable opportunities to make it a reality," said Sharon D'Onofrio, executive director of The SEEP Network.

"Mambu shares our vision to enable the world's unbanked individuals and emerging enterprises to pursue economic opportunities through access to financial services, and we believe they will add significant business value and technology expertise to our global community. We are delighted to welcome Mambu as a member of the SEEP Network."

Douglas Pond, executive vice president of Mambu, added, "For nearly three decades, the SEEP Network has been providing valuable services to the microfinance community through its member organizations. Working in collaboration with SEEP, we look forward to sharing best practices from our more than 100 microfinance customers working in nearly 30 countries to accelerate the financial inclusion agenda.

"As a member of SEEP, Mambu will broaden its understanding of the challenges faced by the microfinance community ensuring we can continue to deliver innovative technologies that meet the needs of SEEP members."