Goldbell Financial Services picks Mambu to power debt investment
Singapore-based Goldbell Financial Services has selected banking system provider Mambu to power its private debt investment platform.
The Goldbell Evolution Network, known as GEN, will be underpinned by Mambu’s cloud-based banking platform.
The investment platform provides financing solutions to businesses, while offering investors alternative investment opportunities in private debt.
Alex Chua, CEO of Goldbell Financial Services, says that the firm needed “configurable” technology in order to meet what he labelled the “diverse needs” of its stakeholders.
He adds: “After careful consideration we have selected Mambu’s pure SaaS banking platform to take GEN to the next level as it has an unrivalled capacity to allow us to be flexible, agile and responsive to our customers’ needs.”
Founded in 1980, Goldbell Financial Services is a financial wing of Goldbell Engineering, an industrial vehicle distribution company.
Mambu’s Myles Bertrand, who manages APAC operations for the vendor, reckons that the financial services industry in Singapore is entering “an enormously disruptive and transformative period” as regulations change, and the Monetary Authority of Singapore (MAS) explores digital banking.
“Mambu is thrilled to be working with Goldbell Financial Services to create a game-changing lending and investment platform in GEN.”