The office will support Mambu’s current 32 regional clients, including Grameen America which deploys the platform in 23 cities.

“Mambu is the cornerstone of the innovative transformation and expansion of our operations across the United States,” said Andrea Jung, President and CEO of Grameen America. “With Mambu’s platform in place, we will be able to radically transform our member experience, improve our staff efficiency, and provide powerful digital solutions to accelerate our organization's growth and impact for women entrepreneurs nationwide.”

Edgardo Torres has been appointed as Managing Director to lead growth, support and operations, bringing a wealth of SaaS and enterprise technology knowledge combined with regional expertise. Before joining Mambu, Torres served as Managing Director for numerous European software companies, helping them to successfully expand their operations into the Americas. Prior to that Torres spent four years at Hewlett Packard and is a former Vice Minister of the Puerto Rico Department of Economic Development and Commerce.

“By enhancing our presence we intend to grow our client base and better support our existing users and partners in the region. Mambu helps bring better digital-first financial services to market faster, cheaper and easier than ever before,” says Torres. “I am excited to join the team bringing this innovative platform to market at a time when SaaS business models and digital financial services are revolutionizing the lending and banking landscape.”

Mambu, which recently received Amazon Web Services accreditation and started operations in Singapore, will be growing its Miami-based team over the course of the year. Mambu will be building delivery, support and sales capability to help innovative financial service providers rapidly create, launch and service digital-first lending and banking services.