Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee

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Posted June 22, 2021

 

NYMBUS®, a leading provider of banking technology solutions, today announced the closing of a new round of financing led by the Curql Fund. The $5 million investment will be used towards Nymbus CUSO and accelerate a shared commitment to breakthrough technology for ensuring continued growth and stability for the credit union community.

Launched in 2020, the Curql Fund invests in the visions of entrepreneurs who thoughtfully and purposefully develop financial services technology that revolutionizes and innovates how people engage with their money. It is managed by Next Level Ventures which is the largest investment firm managing credit union assets today.

“Our investment in Nymbus CUSO by our flagship fund is based on the level of differentiation it brings to the credit union space,” said Nick Evens, CEO of Curql. “Their technology is more than a digital solution that works within a credit union; its Banking-as-a-Service model allows credit unions to quickly stand up an entirely digital organization that includes the required people, processes and technology.”


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