Search Results for "Nymbus"
6 results for "Nymbus"
Deals 6
Nymbus Closes $70M Series D to Scale BaaS and Core Banking Platform
Nymbus raised $70 million in Series D funding led by Insight Partners, with participation from ConnectOne Bank, PeoplesBank, The Banc Funds Company, and Mendon Venture Partners. The banking technology provider will use the funds to scale its transaction processing and commercial banking platform. Nymbus offers modern core systems and BaaS capabilities to banks and credit unions.
Nymbus Launches Banking-as-a-Service Platform for Embedded Banking
Nymbus launched its Banking-as-a-Service platform on November 18, 2021, enabling banks, fintechs, and brands to offer embedded banking solutions. The platform includes accounts, scalable managed services, compliance tools, and modern user experiences. This positions Nymbus as a turnkey BaaS provider for institutions seeking to launch new digital banking initiatives.
Nymbus CUSO Secures $5M Financing for Credit Union BaaS
Nymbus CUSO, a BaaS-adjacent platform serving credit unions, secured $5 million in new financing on June 15, 2021. The funding supports Nymbus's efforts to help credit unions launch digital-first banking products. The round highlights growing demand for BaaS solutions beyond traditional fintech-bank partnerships.
Pacific National Bank Launches Digital Challenger Facile Powered by Nymbus
Pacific National Bank (PNB) launched Facile, a digital-only challenger bank built on Nymbus's SmartLaunch platform, targeting Florida's young professionals. Facile offers fee-free accounts, P2P payments, bill splitting, early paycheck access, and PFM tools. Nymbus provides the core banking technology, back-office operations, call center, and digital marketing, enabling a rapid launch without additional hires.
TransPecos Banks Launches Digital Subsidiary BankMD via Nymbus SmartLaunch
TransPecos Banks went live with Nymbus' SmartLaunch platform to power its new digital banking subsidiary, BankMD. The partnership enables TransPecos to offer a digital-first banking experience through Nymbus' cloud-based core banking infrastructure, representing a bank-fintech collaboration to launch embedded digital banking services.
Pacific National Bank to Launch Digital Bank on Nymbus SmartLaunch BaaS Platform
Pacific National Bank (PNB) announced plans to launch a digital-only bank using Nymbus' SmartLaunch Banking-as-a-Service platform, targeting deployment within 90 days. The partnership enables PNB to offer a fully digital banking experience powered by Nymbus' turnkey BaaS infrastructure. This represents an early example of a community bank leveraging BaaS technology to compete with neobanks.