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.