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Finastra vs Mambu comparison

 

Comparison Buyer's Guide

Executive Summary

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

Finastra
Ranking in Core Banking Software
5th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
Loan Management Software (1st), Digital Banking Engagement Platforms (3rd)
Mambu
Ranking in Core Banking Software
1st
Average Rating
8.0
Number of Reviews
7
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of February 2026, in the Core Banking Software category, the mindshare of Finastra is 5.7%, up from 3.9% compared to the previous year. The mindshare of Mambu is 13.0%, down from 19.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
Mambu13.0%
Finastra5.7%
Other81.3%
Core Banking Software
 

Featured Reviews

Vidhyambika Hareendran - PeerSpot reviewer
Senior Test Engineer in Payments and Trade Domain at a tech vendor with 10,001+ employees
Have worked on long-term trade finance projects and efficiently validated transaction reports
When we face any issues, we raise a ticket to Finastra, and then we track it, depending on the issues, using a separate tracking portal on a daily or weekly basis based on severity and priority. For the support team, I would give them a score of eight out of ten.
Dr. Mohan Kumar - PeerSpot reviewer
Vice President & Delivery Head BFSI at a tech vendor with 10,001+ employees
Has supported rapid deployment of digital banking while revealing a need for more innovation features
Mambu can be improved if it can keep up with current market trends and introduce innovative products, such as Buy Now, Pay Later features, which are not available out of the box at this moment. Mambu has a good API available that can easily connect to third-party integrations. However, if they can integrate themselves and come up with front-end solutions, such as Backbase or i-exceed, along with AWS, Azure, and other cloud partners, it will help us to be more adaptive and scalable, covering a broader market. Mambu needs to focus more on customer orientation. If they can provide self-guided learning materials for people to learn how to configure and use Mambu, it will be a great help.
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881,665 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Financial Services Firm
26%
Manufacturing Company
8%
Real Estate/Law Firm
7%
Outsourcing Company
7%
Financial Services Firm
19%
Computer Software Company
15%
Comms Service Provider
8%
University
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise3
Large Enterprise5
 

Questions from the Community

What is your experience regarding pricing and costs for Finastra?
I'm working for a client using Finastra, so I'm not exactly aware of the license cost as that is handled by a different team.
What needs improvement with Finastra?
In terms of support quality and speed, they support us well, but in recent releases, we found some unusual bugs generated, which we have raised, especially regarding alignment issues.
What is your primary use case for Finastra?
We mainly use Finastra for trade and finance, initiating LCs and documentary collections, and we validate postings and report validations. I'm part of the testing team and not involved in the deplo...
What is your experience regarding pricing and costs for Mambu?
If your budget is low and you want a product that offers easy configuration and integration, then you can definitely go for Mambu.
What is your primary use case for Mambu?
Mambu is a core banking platform that we use in most of the banks. We implement this core banking solution for clients who want it to be their core banking platform.
What advice do you have for others considering Mambu?
Overall, my experience is good. I would rate Mambu a six to seven. I chose that number because compared to other core banking solutions in the market, Mambu lags a bit behind, but it is just the be...
 

Comparisons

 

Overview

 

Sample Customers

IFIC Bank, Ecobank, Natixis, Silvergate Bank, Commencement Bank, Itau BBA, Commonwealth Bank of Australia
ZestMoney, Asto, Ferratum, Folkefinans, Monedo, Mynt, N26, New10, OakNorth Bank
Find out what your peers are saying about Mambu vs. Temenos Transact and other solutions. Updated: February 2026.
881,665 professionals have used our research since 2012.