Tyro: Taps Mambu for term deposit launch
- Australian business bank Tyro has adopted Mambu’s cloud-native banking platform to deliver its first term deposit product
- Described as a ‘technology-led disruptor to the Australian payments industry’
- Tyro offers payments and value-adding banking products to more than 32,000 merchants
- The partnership with Mambu allow Tyro to deploy a range of innovative banking products as the company continues to expand its product offering
- Utilising Mambu’s cloud-native and API first platform enable Tyro to quickly and efficiently roll out its products
- By taking a composable banking approach Tyro can create modern customer experiences to compete and constantly evolve