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Avaloq Core vs Mambu comparison

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Avaloq Core
Ranking in Core Banking Software
8th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
Mambu
Ranking in Core Banking Software
1st
Average Rating
8.2
Number of Reviews
6
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of May 2025, in the Core Banking Software category, the mindshare of Avaloq Core is 5.3%, up from 3.5% compared to the previous year. The mindshare of Mambu is 20.5%, up from 16.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software
 

Featured Reviews

Use Avaloq Core?
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Oladapo Oyebanji - PeerSpot reviewer
Useful for managing financial products but improvement is needed in UI and APIs
Some months back, we contacted technical support for the solution. We were trying to install applications on mobile for admin staff using Mambu. Specifically, we needed the application to support serial development, so we containerized our applications using Docker and Kubernetes. The application wasn't processing fully on mobile, and there was an issue with SSL not attaching correctly, causing bypass problems.
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Top Industries

By visitors reading reviews
Financial Services Firm
49%
Computer Software Company
13%
Construction Company
6%
Healthcare Company
4%
Financial Services Firm
22%
Computer Software Company
17%
Comms Service Provider
8%
University
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

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Earn 20 points
What is your primary use case for Mambu?
We used the solution to create a product for savings accounts, current accounts, and loans. We also created a chart of accounts and channels related to the product.
What advice do you have for others considering Mambu?
I am a partner. I did not face an issue with the product. I will recommend the product to others. Overall, I rate the tool a nine out of ten.
 

Comparisons

 

Overview

 

Sample Customers

Information Not Available
ZestMoney, Asto, Ferratum, Folkefinans, Monedo, Mynt, N26, New10, OakNorth Bank