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News February 10, 2021

NYMBUS Raises $53 Million in Series C Funding Led by Insight Partners

– Nymbus raised a $53m Series C funding round. – The round was led by Insight Partners. – Nymbus will leverage the latest funds to empower financial institutions with expanded access to its unique GROW model which creates new digital revenue streams for banks and credit unions. – Nymbus is a leading provider of banking technology solutions. – Nymbus makes digital transformation quickly available to move any size financial institution forward. – As part of this round, AJ Malhotra, Principal at Insight Partners, will join Managing Director Peter Sobiloff on the Nymbus Board of Directors. – Jeffery Kendall will assume the title of CEO and Chairman of the Nymbus Board of Directors. – Nymbus will continue broadening its solution and service offerings.