Apiture Raises $10M in Funding

Apiture

Apiture, a Wilmington, NC-based provider of digital banking solutions, raised $10M in funding.

The round, which brought the total amount to $79M, was led by T. Rowe Price Investment Management, Inc., with participation from other existing investors.

The company intends to use the funds to accelerate product development initiatives and continue to expand its sales and marketing efforts to meet demand for the Apiture Digital Banking Platform, which serves more than 300 banks and credit unions throughout the United States. 

Led by CEO Chris Babcock, Apiture delivers digital banking solutions to banks and credit unions throughout the U.S. Its solutions meet a wide range of financial institutions’ needs, from leveling the playing field with larger institutions to supporting growth through innovative data intelligence and embedded banking strategies. With its API-first approach, clients can optimize the capabilities of their platform while preserving a seamless user experience.

Apiture has offices in Austin, Texas.

FinSMEs

14/11/2023