Newgen Software has announced a partnership with Mambu, aiming to accelerate digital lending for banks, digital banks, non-banking financial companies (NBFCs), fintechs, and Islamic lenders.
The collaboration integrates Newgen’s end-to-end Loan Origination System (LOS) with Mambu’s composable core banking platform, enabling institutions to rapidly launch, scale, and adapt lending products with enhanced agility, compliance, and customer focus.
The partnership introduces a plug-and-play lending stack that covers the entire lending lifecycle—from customer onboarding and application processing to underwriting, decisioning, and disbursement.
This integrated solution is designed to reduce time-to-market and deliver improved borrower experiences for a diverse range of financial institutions.
Newgen Software SVP for sales Rajvinder Singh Kohli stated, “Mambu’s modern core and Newgen’s proven LOS capabilities create a powerful combination that’s built for speed and scale.
“We’re giving banks, digital banks, NBFCs, and Islamic lenders the ability to launch and adapt lending products at the speed of innovation, without losing control, compliance, or customer focus.
“This partnership isn’t just an integration; it’s a catalyst for the next generation of agile, customer-centric lending across retail, SME [small and medium enterprise], mortgage, digital, and Islamic segments.”
The joint offering leverages AI-enabled underwriting, real-time dashboards, rule-based decisioning, and document management.
These features help institutions reduce turnaround times, improve operational visibility, and strengthen regulatory compliance.
A significant focus of the partnership is on Islamic Banking. The collaboration will deliver continued innovation in Sharia-compliant digital finance products, tailored to community needs. This follows the recent global launch of Mambu’s enhanced Islamic Banking capabilities.
Mambu global head of partnerships Anthony Nonnis commented, “Our partnership with Newgen is a testament to the power of collaboration in driving meaningful change within financial services. Together, we are not just integrating technologies; we are co-creating a future for Islamic banking that is both deeply rooted in ethical principles and incredibly forward-looking.
“By combining Mambu’s composable, cloud-native core with Newgen’s robust digital process automation capabilities, we are enabling a new generation of lenders—from agile digital banks to modern NBFCs—to truly reimagine their lending practices.
“This synergy empowers them to offer innovative, Sharia-compliant products at speed, deliver unparalleled customer experiences, and ultimately lead the charge in the digital transformation of Islamic finance.”
Looking ahead, Newgen and Mambu plan to further enhance the lending stack with AI-driven decisioning, advanced analytics, and integrated loan servicing.
Mambu, launched in 2011, fast-tracks the design and build of a wide range of financial offerings for banks of all sizes, lenders, fintechs, retailers, and telcos.
The company employs 900 people and supports 250 customers in over 65 countries, including Western Union, Commonwealth Bank of Australia, N26, BancoEstado, OakNorth, Raiffeisen Bank, ABN AMRO, OKEO, and Orange Bank.
