Archway, a Seattle, WA-based provider of a platform for banks to modernize and personalize digital customer interactions, raised $15M in Series A funding.
The round was led by Madrona and WaFd Bank.
The company intends to use the funds to accelerate growth and expand operations.
Led by Dustin Hubbard, President, Archway is a provider of a banking platform connecting internal infrastructure and data used nationwide by more than 10,000 banking systems to the applications consumers use daily. The platform enables regional and community banks to compete with their national and global competitors to serve their communities as a banker and partner in business and life planning. The company provides a single access point through an API to connect a bank’s core internal technology stack to consumer-facing applications. These applications could be anything from budgeting apps to loan application workflows. Archway also helps banks consolidate and integrate their data safely.
FinSMEs
28/02/2023