Cloud banking platform Mambu named in Forbes 2023 Cloud 100
Cloud banking platform Mambu, which provides technology to a wide variety of lenders, has been named in the Forbes 2023 Cloud 100.
Published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures, the list ranks the top 100 private cloud companies in the world.
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The Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35 per cent), estimated valuation (30 per cent), operating metrics (20 per cent), and people and culture (15 per cent).
“We’re honoured to be named on the Forbes 2023 Cloud 100 list alongside industry peers for the third year running,” said Fernando Zandona, interim chief executive at Mambu. “This is a testament to the ongoing strides we’ve made to continue to deliver innovative products and services, while helping our customers on their own journey to the cloud.
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“We’ve seen firsthand how moving to the cloud allows you to release financial products faster and more cost effectively than traditional methods. Hence, embracing the cloud is more important than ever given the challenging economic environment and greater focus on efficiency, and we are proud to be part of this transformation with our customers.”
“The companies of the Cloud 100 list represent the best and brightest private companies in this crucial tech sector,” said Kenrick Cai, the Forbes editor of the Cloud 100. “This year’s companies had to react rapidly to AI’s sweeping impact while contending with a market pullback. Their resilience puts them in elite company. Congratulations to each of the 2023 Cloud 100 honorees and the 20 Rising Stars who are showing early potential to one day join their ranks.”
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