#BankTech / Fintech startup Narmi closes $20.4m

Narmi works with financial institutions and builds enterprise solutions that span consumer digital banking, business banking and digital account opening…

Narmi’s co-founders built the company after they saw that many financial institutions, such as regional/community banks and credit unions, had technology that “for lack of a better word, sucks… It doesn’t move the needle for their customers… It’s clunky. It’s antiquated, the user experiences old, it struggles to attract and retain millennials or at least that next generation of banking, it doesn’t generate ROI. Everything that you would want as a bank or credit union, it doesn’t do…”