Microlender CAME has announced it is partnering with cloud banking platform Mambu, a move that will triple the size of its current customer base.
Having established a three-decade presence in Mexico’s market of small and micro-businesses, CAME is now looking to scale its operations further, setting a deadline to increase its customer numbers threefold by 2025.
Betting on improved velocity and agility to be the nostrum that attracts the wave of new users, the financial entity has trusted Mambu’s cloud banking to drive its technological innovation and product development, authorised by and aligned with Mexico’s National Banking and Securities Commission (CNBV).
Pablo Varela, CAME’s General Director, said: “In our quest to continue supporting the development of micro-businesses in Mexico, we have taken this leap with regards to the modernisation and evolution of our systems.
“The opening of the CNBV has been an important step to modernise the sector, and with it we can incorporate new technologies and state-of-the-art digital platforms so that our current and prospective clients will enjoy complete security that will advance over time. We will always be their ally and support their business development.”
Alejandro Masseroni, Mambu’s General Director for Mexico, added: “We are delighted to work together with CAME and to help them develop their mission of consolidating an inclusive financial culture and one that will improve living conditions of the communities in which micro-businesses operate.”