Breaking News
New Investments Fuel NYMBUS’ Expansion, Pioneering the Future of Financial Services and Technology
NYMBUS®, a premier provider of cutting-edge financial technology solutions, is delighted to announce substantial strategic investments from Curql Collective, a Credit Union Service Organization (CUSO) driving financial technology innovation for credit unions, via its flagship Curql Fund and Reseda Group, a wholly owned CUSO of MSU Federal Credit Union (MSUFCU), a Nymbus client. These investments will further fuel the company’s growth while bolstering the continued success of its advanced core system and solutions.
“Reseda Group recognizes that the future of credit union success lies in innovative technology and member-centric solutions,” said April Clobes, CEO at Reseda Group and MSUFCU. Our investment in Nymbus reflects our belief in their ability to help credit unions remain competitive through their progressive products and services. Their approach to niche banking elevates industry standards and delivers a modern experience for members. As an existing client, we look forward to strengthening our collaboration with Nymbus and further benefiting from their ongoing advancements in technology and member experience.”
“With this new funding, we’re reinforcing our mission to help financial institutions thrive in a dynamic market,” added Nymbus Chairman and CEO Jeffery Kendall.
These strategic investments represent a powerful alignment between Nymbus and its partners to reshape the financial services landscape, utilizing groundbreaking technology and innovative business models to improve financial services for all.
“MSUFCU’s pursuit of growth in untapped member segments has found an incredible partner in Nymbus,” expressed Ami Iceman, MSUFCU’s Chief Research and Digital Experience Officer. “We’re thrilled to have Nymbus as part of our fintech ecosystem, helping us deliver a seamless, valuable experience to our new digital brands’ members. We’re looking forward to the opportunities this collaboration will bring to our credit union’s future.”
“Investing in Nymbus aligns with our dedication to advancing fintech within the credit union ecosystem,” Nick Evens, CEO & President of Curql Collective. “This strategic partnership embodies our commitment to nurturing fintech innovation and driving credit union growth for the benefit of members.” As Nymbus continues to pave the way in financial technology solutions, these strategic partnerships serve as a catalyst for elevating the capabilities of both the company and its clients. With a shared vision for the future, all parties are poised to make a lasting impact on the financial services industry.
People In This Post
- Verifiability and the Integration of Stablecoins in Traditional Finance Read more
- FIS Selected to Streamline Reconciliations for Australia’s Largest Bank Read more
- Keel Emerges From Stealth as Profitable BaaS Platform Read more
- £100billion Opportunity for British Consumers: How Digital Banking Can Transform the Financial Lives of UK Households Read more
- Allvue and RSM Launch Industry-first Agentic AI Operating Model for Capital Calls Read more
Pit Launches with $16 Million Led by Andreessen Horowitz to Bring AI-Native Software to Enterprise Operations
Pit, an AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools that run enterprise operations today, announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders and executives from OpenAI, Anthropic, Google, Deel, and Revolut, as well as the Stena and Lundin families.
Astrada Raises Seed Round to Build the Data Layer for Autonomous Finance
Astrada, the data layer for autonomous finance, today announced the close of its $3.8 million seed funding round. The round was led by Bain Capital Ventures, QED Investors, and Nyca Partners, with a strategic investment from Mastercard and follow-on participation from existing investor Visa.
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
Rogo Raises $160M Series D to Scale the Agentic Platform for Finance
Rogo, the AI platform purpose-built for finance, today announced it has raised $160 million in Series D funding led by Kleiner Perkins, with participation from Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic and Positive Sum. The Series D brings Rogo’s total funding to more than $300 million and positions Rogo to accelerate the company’s global expansion, deepen its partnerships with the world’s leading financial institutions, and scale its AI agent, Felix.
Ebury, Santander’s International Payments Fintech, Secures C.£550 Million to Accelerate Growth and Global Expansion
Santander has agreed to participate in c.£550 million funding rounds for Ebury, its global fintech platform focused on cross-border payments and international trade solutions
Performativ Raises $14m Series A Led by Large European Financial Infrastructure Provider
Performativ has raised $14 million in a Series A funding round, led by Deutsche Börse Group
Tenzo Secures $5m Series A Extension to Scale Real-time Data and AI for Hospitality Operators
Tenzo, the real-time data and analytics platform for hospitality operators, has secured a $5m first close of its Series A extension round. The round is led by Edge.vc, with participation from existing investors Amadeus Capital Partners and YourVC, alongside Frontive Holdings, one of Tenzo’s customers.
Verifiability and the Integration of Stablecoins in Traditional Finance
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FIS Selected to Streamline Reconciliations for Australia’s Largest Bank
FIS has been selected by the Commonwealth Bank of Australia to streamline reconciliations through FIS Data Integrity Manager
Keel Emerges From Stealth as Profitable BaaS Platform
Keel, the Manchester-based BaaS platform, is emerging from stealth after reaching profitability and building traction with a growing roster of fintech clients
£100billion Opportunity for British Consumers: How Digital Banking Can Transform the Financial Lives of UK Households
Digital tools that enable financial empowerment by supporting consumers to take control of their financial lives could unlock £100billion for households over the next decade, according to new research commissioned and published by Lloyds Banking Group
Allvue and RSM Launch Industry-first Agentic AI Operating Model for Capital Calls
Allvue Systems, LLC (“Allvue”), a leading technology provider for the private capital markets, and RSM US LLP (“RSM”), a leading provider of assurance, tax and consulting services for the middle market, today announced a strategic alliance to launch the industry’s first-of-its-kind Agentic AI Capital Operating Model. The model will redefine how quickly and efficiently capital calls are executed and governed across private capital firms using agentic AI orchestration.
Batsheva Moshe Has Been Appointed GM Israel Market & EMEA Tech at Kaltura
Batsheva Moshe has been appointed to GM Israel market and EMEA Tech at Kaltura, the Agentic Digital Experience company. In her new role, Batsheva will lead Kaltura’s Go-To-Market operations in Israel, overseeing sales strategy, field sales, and strategic partnerships. Additionally, she will spearhead the company’s growth and expansion within the technology sector across the EMEA region.
Bulldog Federal Credit Union Partners with FMSI to Modernize Branch Experience
FMSI, a provider of branch workforce management and lobby optimization solutions for financial institutions, today announced a new partnership with Bulldog Federal Credit Union, a community-chartered credit union serving Washington County, Maryland since 1968.