Case Study: IRIS launches Colombia’s first digital SME bank with Mambu

IRIS becomes Colombia’s first neobank for SMEs

Financiera Dann Regional, a Colombian bank, faced the challenge of launching the country's first fully digital neobank for small and medium-sized enterprises (SMEs). They partnered with the vendor Mambu and utilized its SaaS digital platform to rapidly create and deploy this new service, named IRIS, to serve an historically underserved sector.

By implementing Mambu's cloud-based platform, Financiera Dann Regional successfully launched IRIS in an unprecedented timeframe. The solution provided SMEs with a suite of digital services, including online savings accounts, fund transfers, and payment processing. Mambu enabled the bank to scale its growth expeditiously, adopt an agile approach to product design, and deliver a scalable and effective digital banking experience to its clients.

IRIS

Lorenzo Garavito

Chief Executive Officer