Narmi Raises $35M in Series B Funding


The $35M Series B funding was raised by Narmi, a NYC-based provider open digital banking technology,

Greycroft was the co-leader of the round, along with existing investors NEA & Picus Capital.

The funds will be used by the company to further develop its digital banking solutions and to partner with new financial institutions to accelerate digital modernization in the banking industry.

Narmi is managed by Chris Griffin and Nikhil Lakhanpal. They create enterprise solutions for digital banking, business banking and account opening. Financial institutions can work with Narmi to add their own features and extensions to the platform. Narmi currently serves customers like Berkshire Bank and LendingClub as well as Twinstar Credit Unions, Twinstar Credit Unions, First Internet Bank, First Internet Bank, University Credit Unions, Freedom Credit Unions, and many other financial institutions.

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