Trigger Software Partners with Mambu to Launch Neobank Engine

Trigger Software announced a partnership with Mambu, a cloud-native composable banking platform, to launch Neobank Engine in December 2023. The product is a pre-configured middleware solution designed to dramatically accelerate the launch of new digital banking ventures. Neobank Engine ships with over 300 screens and more than 150 pre-built processes spanning KYC, customer onboarding, payments, and other essential banking functions.

Built on Mambu's API-driven architecture, the solution enables organizations to launch a fully functional neobank in approximately three months. The offering targets financial institutions and fintechs looking for rapid market entry without the cost and complexity of building from scratch. Trigger Software emphasizes a fixed-cost model and API-based integrations, reducing financial uncertainty for clients.

No funding details were disclosed as part of this announcement. The partnership exemplifies the composable banking trend where specialized vendors combine forces to offer turnkey embedded finance and BaaS solutions.