Nymbus, a Miami Beach, Florida-based provider of banking technology solutions, received a $15m investment from Financial Services Capital.
As part of the deal, Matt Wallach, Co-Founder of Veeva Systems [NYSE:VEEV], will join as a Strategic Advisor and Matthew Hansen, Managing Partner at Financial Services Capital, will join Managing Partner Miroslav Boublik on the Nymbus Board of Directors.
The company intends to use the funds to continue broadening its offerings.
Led by Jeffery Kendall, Chaiman and CEO, Nymbus enables banks and credit unions of any size to grow and attract new market segments by delivering a full suite of banking technology, including Loan Origination, CRM and Digital, along with the operational resources to launch and run a new digital bank.
The company recently launched Nymbus Labs, built and operated to systematically remove barriers for institutions to leverage niche digital banks that connect to the communities they serve, create new revenue streams, and innovate.