Narmi: Raises $35M in Series B Funding

Narmi Raises $35M in Series B Funding

  • Narmi, a NYC-based provider of open digital banking technologies, raised $35M in Series B funding
  • The round was co-led by Greycroft and existing investors NEA and Picus Capital
  • The company intends to use the funds to develop its digital banking solutions, partner with new financial institutions, and accelerate the digital modernization of the banking industry
  • The company  is a financial technology company that builds enterprise solutions across digital consumer banking, business banking, and digital account opening
  • Financial institutions work with the company to build their own extensions and features onto the base platform to cater to their needs
  • Today, The company serves customers such as Berkshire Bank, LendingClub, Twinstar Credit Union, First Internet Bank, University Credit Union, Freedom Credit Union and many others
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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