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Mambu vs Temenos Transact 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

Mambu
Ranking in Core Banking Software
1st
Average Rating
8.2
Number of Reviews
6
Ranking in other categories
No ranking in other categories
Temenos Transact
Ranking in Core Banking Software
3rd
Average Rating
9.0
Number of Reviews
2
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of September 2025, in the Core Banking Software category, the mindshare of Mambu is 17.4%, down from 18.0% compared to the previous year. The mindshare of Temenos Transact is 12.7%, down from 14.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
Mambu17.4%
Temenos Transact12.7%
Other69.9%
Core Banking Software
 

Featured Reviews

Mohamoud Kamil - PeerSpot reviewer
Has client analysis feature which is useful for financial institutions
I work with a financial institution and use the product for micro-financing.  The best feature of Mambu is its capability to analyze clients. It is particularly useful for banking and financial institutions when making loans. You can easily see a portfolio with active clients and all relevant…
reviewer2322933 - PeerSpot reviewer
Comprehensive configurability and seamless integration enhance project management effectiveness
The microservices for smaller customers are not optimized and become difficult for customers to manage. Microservices work best when implemented for very large customers with extensive databases, so it should be monolithic instead of microservices. My clients for Temenos Transact are usually those that have a very small customer base, such as banks with around 5,000 customers, but even then, we were rolling out both digital and Temenos Transact. The rating depends on how large the customer is and their ability to escalate at the highest level of Temenos. Under optimal conditions, it can achieve a ten out of ten rating. I rate Temenos Transact as among the top two solutions in the banking domain, being a very significant player alongside Finastra. I have given it a rating of 9 out of 10.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The solution is easily configurable."
"The product's initial setup phase is very easy. The tool is very user-friendly."
"Calculations with Mambu are far better than creating something yourself."
"From a software engineering perspective, the product's best feature is its APIs. These APIs allow developers to access user funds, reschedule loans based on different activities, and adjust various transactions. Mambu is quite dynamic and robust, facilitating the improvement and expansion of our platform."
"You can write your app and the web application and create them manually. Instead of opening your application and doing something else that you want to do, you can add everything, including the details, in one place."
"The best feature of Mambu is its capability to analyze clients. It is particularly useful for banking and financial institutions when making loans. You can easily see a portfolio with active clients and all relevant details. It is also easy to learn."
"This solution has provided us with an all-round banking solution that has local development capabilities."
 

Cons

"The solution's response times are different and don't work consistently. I believe there is room for improvement in the API development part, specifically in understanding the platform's specific needs and structure. It also needs improvement in user-friendliness."
"There are some issues with Mambu as a tool used for core banking systems."
"There is a bit of room for improvement in customer service and support."
"The solution takes some time to open."
"The documentation could be improved."
"The Trade Finance customer frontend needs to be improved."
 

Pricing and Cost Advice

"Mambu's pricing is medium."
"As a core banking system, the tool is cheap."
Information not available
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Top Industries

By visitors reading reviews
Financial Services Firm
22%
Computer Software Company
16%
Comms Service Provider
8%
University
6%
Financial Services Firm
38%
Computer Software Company
12%
Comms Service Provider
6%
Government
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise3
Large Enterprise2
No data available
 

Questions from the Community

What is your primary use case for Mambu?
We used the solution to create a product for savings accounts, current accounts, and loans. We also created a chart of accounts and channels related to the product.
What advice do you have for others considering Mambu?
I am a partner. I did not face an issue with the product. I will recommend the product to others. Overall, I rate the tool a nine out of ten.
What needs improvement with Temenos Transact?
Areas of improvement for Temenos Transact include the GUI which needs further enhancement, as users are still using Classic instead of the UXP Explorer because the UXP is not optimized from a perfo...
What is your primary use case for Temenos Transact?
My use case for Temenos Transact as a program manager from the partner side involves clearing the exams, including the TIM Implementation Methodology, for which I am certified. I work as a program ...
What is the best customer onboarding software to work with Temenos T24 (an integrated core banking solution)?
Hey there! Considering your need for seamless customer onboarding with Temenos T24, I'd recommend checking out Cleveroad's fintech solutions at https://www.cleveroad.com/indu.... They specialize in...
 

Comparisons

 

Also Known As

No data available
Temenos, Temenos T24
 

Overview

 

Sample Customers

ZestMoney, Asto, Ferratum, Folkefinans, Monedo, Mynt, N26, New10, OakNorth Bank
ABN Amro, Blueshore, Mauritius Commercial Bank Mauritius, Societe Arabe Internationale de Banque, Swissquote Bank, St Raphaels Garda Credit Union, Banco ITAU BBA S.A.,
Find out what your peers are saying about Mambu vs. Temenos Transact and other solutions. Updated: September 2025.
867,497 professionals have used our research since 2012.