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Reseda Group invests $8M in cutting-edge fintech companies

Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), announced $8 million in investments to support and grow several emerging fintech companies. The investments are spread across the four companies — Nymbus, Flow Networks, Prizeout, and Larky — and are part of Reseda Group’s efforts to bring innovative technology and solutions to help credit unions create a better member experience. “At Reseda Group, we are focused on discovering and elevating the best and brightest fintechs and dynamic...

Nymbus, Saint Louis Bank Announce Strategic Partnership

NYMBUS®, a leading provider of banking technology solutions, announces a partnership with Saint Louis Bank to launch a new digital financial brand and banking services designed to increase their support of small to medium-sized law firms and other members of the legal community in the Midwest and beyond. “While Saint Louis Bank’s core focus remains on championing our local business community, partnering with Nymbus gives us the ability to increase our support of this growing niche within...

Banking technology sol provider Nymbus Forms Hurdlr Partnership

NYMBUS®, a leading provider of banking technology solutions, announces a partnership with Hurdlr, a modern business expense, invoicing, and accounting API tool built for growing businesses. The integration will enable Nymbus business banking clients to equip small- to medium-sized businesses with the capabilities needed to operate their businesses seamlessly. “Nymbus clients are poised to meet the growing needs of their business customers frictionlessly by offering the right tools at the right time,” said Larry McClanahan,...

OFG Bancorp Invests $3 Million in Nymbus

NYMBUS®, a leading provider of banking technology solutions, today announced a $3 million financing round led by OFG Ventures, LLC, a subsidiary of OFG Bancorp [NYSE: OFG]. The investment is intended to further support significant demand for Nymbus’ unique financial services model that accelerates digital innovation for creating new products, routes to market and revenue streams for banks and credit unions. “Our mission has remained steadfast to help financial institutions of any size succeed with impactful, intentional...

Nymbus Labs Debuts with Portfolio of Pre-Built Niche Banks

NYMBUS®, a leading provider of banking technology solutions, today introduced Nymbus Labs to the financial services market. Built and operated to systematically remove barriers to digital banking innovation, Labs brings together Nymbus’ world-class development, marketing and user experience teams to amplify the capabilities of traditional institutions and extend their reach to new niche segments for next-generation growth. With Nymbus Labs, partnering banks and credit unions have three unique opportunities to leverage a digital bank brand...

NYMBUS and Payrailz to Offer better digital payment solutions

NYMBUS®, a provider of the world’s most advanced financial services platform, today announced a new partnership with digital payments company Payrailz® to further enhance NYMBUS’ cloud-based SmartEcosystem™ of digital-first banking products and services. A revolutionary alternative to the legacy business model, NYMBUS has disrupted the market by allowing every size of financial institution to buy back decades of lost time and get to market almost instantly to engage and support the entire digital customer journey. Similarly,...

NYMBUS Affirms Commitment to All Banking Clients with Emergency Preparedness Plan

A provider of the world’s most advanced financial services platform, today announced the execution of the NYMBUS Emergency Preparedness Plan in response to the coronavirus (COVID-19) outbreak. As the situation continues to impact people and countries around the world, the plan provides 24/7/365 call center, business process management support and all other standard operating functions from remote locations via the industry’s most advanced remote workforce solution. The carefully pre-planned operating model kicks in during this...

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