In 2016 Mambu made the decision that they were looking to establish a sales and marketing base in the UK to support their continued global expansion. As a high growth tech business, Mambu was keen to work with an outsourced finance partner that shared the same values around creating efficient and robust finance structures and processes while ensuring strict compliance.
New to the UK market, Wilson Partners were able to advise and assist with the formation of a UK entity, registration with HMRC, payroll/auto enrolment set up and the establishment of the accounting platform, powered by Xero.
In addition we helped them look at transfer pricing, VAT and staff benefits – it’s important to get these things right at the start of the journey.
2 years on and Wilson Partners continues to play a key role in Mambu’s UK presence, acting as their finance function – taking care of all the transaction processing, monthly payroll, bank payments and management reporting.