CAME selects Mambu to support expansion plans
By Edlyn Cardoza
- Cloud banking
- Financial institution
Mexican microlender CAME (Consejo de Asistencia al Microentrepreneur SA de CV), a Mexican financial institution offering specialized financial services to small and microenterprises, has migrated its operations to a leading cloud banking Mambu platform.
This decision will allow CAME, a regulated lending entity known as “Sofipo”, to expand its services in the markets it has served for almost 30 years, with greater speed and agility, while it seeks to triple its customer base by 2025.
CAME offers financial products dedicated to micro-enterprises such as credit, savings accounts and equity investment vehicles. The lender plans to show exponential growth over the next four years and triple its customer base by taking advantage of new technologies, as authorized by the National Banking and Securities Commission (CNBV). With Mambu’s cloud banking platform, CAME will optimize its service delivery to drive the continuous innovation and development of its business model.
Pablo Varela, General Manager of CAMEsaid, “In our quest to continue supporting the development of micro-enterprises in Mexico, we have taken this step in terms of modernizing and evolving our systems.”
Varela continued: “The opening of the CNBV has been an important step in modernizing the sector, and with it we can integrate new technologies and cutting-edge digital platforms so that our current and potential customers benefit from comprehensive security that will allow them to move forward in time. We will always be their ally and support their business development.
Alejandro Masseroni, General Manager of Mambu for Mexicosaid: “We are delighted to work with CAME and help them develop their mission of consolidating a financial culture that is inclusive and will improve the living conditions of the communities in which micro-enterprises operate.
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