Mambu Powers Nyla's Islamic Neobank Launch in Ghana
4 Articles
4 Articles
Mambu Powers Africa's First Islamic Neobank
Mambu, the leading SaaS cloud banking platform, today announced a strategic collaboration with Nyla, Africa’s first Islamic neobank, to power its shari’ah-compliant digital banking infrastructure as it launches in Ghana and prepares for expansion across West Africa. The partnership marks a significant milestone for Mambu’s Islamic banking offering on the African continent, bringing scalable, cloud-native infrastructure to an underserved market. …
Nyla Leverages Mambu Core Banking to Launch Shari’ah-Compliant Neobank
Mambu has partnered with Nyla, Africa’s first Islamic neobank, to provide the core infrastructure for its Shari’ah-compliant digital banking services as it launches in Ghana and plans expansion across West Africa. Islamic finance is a global market exceeding US$7 trillion. Africa accounts for only 2%, despite growing demand for ethical, values-based financial services. Nyla aims to address this gap with a digital-first model. It uses Mambu’s API…
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