Apiture Raises $20M in Funding

apiture

Apiture, a Wilmington, N.C.-based digital banking experience company, closed a $20m funding round.

Backers included funds and accounts advised by T.Rowe Price Associates, Inc. and Nashville-based Pinnacle Bank. Hugh Queener, a co-founder and chief administrative officer at Pinnacle Bank, a long-standing Apiture customer, will join the board of directors.

The company intends to use the funds to accelerate development of digital banking technologies.

Led by Chris Babcock, CEO, Apiture is a digital banking experience company whose products, Xpress and Open, serve over 400 financial institutions within the United States market.

The company has a secondary office in Austin, Texas.

FinSMEs

07/07/2020

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