Try our new research platform with insights from 80,000+ expert users

Avaloq Core 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

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
7.8
Number of Reviews
8
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Core Banking Software category, the mindshare of Avaloq Core is 4.6%, down from 4.7% compared to the previous year. The mindshare of Mambu is 13.9%, down from 19.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
Mambu13.9%
Avaloq Core4.6%
Other81.5%
Core Banking Software
 

Featured Reviews

Use Avaloq Core?
Leave a review
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.
report
Use our free recommendation engine to learn which Core Banking Software solutions are best for your needs.
879,422 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Financial Services Firm
36%
Computer Software Company
12%
Comms Service Provider
9%
Construction Company
5%
Financial Services Firm
19%
Computer Software Company
15%
Comms Service Provider
9%
University
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise3
Large Enterprise4
 

Questions from the Community

Ask a question
Earn 20 points
What is your experience regarding pricing and costs for Mambu?
Mambu is good for startups and neobanks. The pricing, setup costs, and licensing are reasonable. It is neither too high nor too low, so it is sustainable, and I believe they can continue with this ...
What is your primary use case for Mambu?
I have used Mambu for the Greenfield implementation of a digital bank called Uno Bank, where I am working as a system integrator for that program. Mambu is one of the core banking systems that we a...
What advice do you have for others considering Mambu?
If you want a quick and easy solution, Mambu is one of the best options. After working with traditional core banking and alternatives, such as Thought Machine and 10x, I find that Mambu is a safe b...
 

Comparisons

 

Overview

 

Sample Customers

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