Mbanq: Partners with Temenos
- Mbanq is a global provider of cloud banking technology headquartered in Silicon Valley with additional offices in Europe and Asia
- Temenos AG is the world’s leader in banking software combining the richest packaged functionality
- Temenos partners to power innovative CUaaS offering for US Credit Unions, a market estimated at $3.6bn annually
- This solution is a new end-to-end comprehensive service to help US Credit Unions of any size accelerate their digital transformation
- The two companies are already engaged in customer acquisition and proof of concepts in the US with Credit Unions
- The US has over 5,000 credit unions with over 100 million members representing over $3.6 billion per year in technology spend
