Narmi’s entirely cloud-based platform allows financial institutions like credit unions and local banks to build better online and mobile experiences for their customers, helping them to compete with both mega-banks and challenger banks.
This fresh funding is an extension of a Series A DataRails initially raised back in April, bringing the round’s total to $43.5 million. The company says it has doubled both its valuation and customer base in the last four months, and plans to grow its headcount to keep up with demand.