Narmi

Be Where Banking Is Going

General Information
Company Name
Narmi
Founded Year
2016
Location (Offices)
New York, United States +1
Founders / Decision Makers
Number of Employees
116
Industries
Finance, Financial Services, Fintech +1
Funding Stage
Series B
Social Media

Narmi - Company Profile

Narmi, with the slogan "Be Where Banking Is Going," offers cutting-edge digital banking and account opening platforms tailored for financial institutions. The platform, designed for enterprise use, enables opening accounts in under 2.5 minutes and fostering long-term relationships through intuitive mobile and online channels. The company's products seamlessly integrate with leading core banking systems, bringing tangible benefits to financial institutions. According to data, **financial institutions using Narmi** have seen significant improvements including a **20% increase in NPS**, a **55% rise in new account applications from non-account holders**, a **50% decrease in support volume**, a **63% improvement in support response time**, a **137% increase in app store rating**, and a **65% reduction in time from application start to submission**. Founded in **2016** by a team previously in leadership roles within a financial institution, Narmi's frustration with available digital technology prompted the creation of the company, which is primarily headquartered in **New York City**. The most recent milestone for Narmi is its **Series B investment of $35.00M** on **June 15, 2022**, led by **New Enterprise Associates, Contour Ventures, Greycroft, and Picus Capital**. Narmi's focus remains on constructing enduring digital experiences for financial institutions, situated within the **Financial Services, Fintech, and Banking industries**.

Taxonomy: digital banking, digital account opening, enterprise solutions, mobile banking, online banking, NPS improvement, support efficiency, New York City, core banking integration

Funding Rounds & Investors of Narmi (7)

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Funding Stage Amount No. Investors Investors Date
Series B $35.00M 4 15 Jun 2022
Series A $20.40M 5 02 Feb 2021
Convertible Note Unknown 1 15 May 2019
Seed Round Unknown 4 10 Dec 2018
Seed Round Unknown - 01 Nov 2018

View All 7 Funding Rounds

Latest News of Narmi

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No recent news or press coverage available for Narmi.

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