Friday, November 22, 2024
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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

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