D3 Banking, an Omaha, Neb.-based provider of a data driven digital banking platform, raised $10m in capital.
West Partners, a San Diego-based investment firm that makes direct investments in private companies, provided the funds, and the right to draw additional equity funding, as well as borrow under a three-year credit facility.
The investment will allow D3 Banking to strengthen its team, invest in research and development and continue expanding its hosted platform.
Led by Mark Vipond, CEO, D3 Banking offers a single platform solution that provides regional and midsized financial institutions with a comprehensive set of data driven digital banking services for any laptop, smartphone, tablet and wearable.
The company leverages an analytics engine that delivers financial management tools to consumers and small businesses while providing financial institutions with the ability to use this information to personalize their product and service offerings.