Nymbus just raised fresh funding for its mission to help banks replace their legacy tech stacks, as smaller institutions and credit unions fight to stay competitive. 

A technology provider for banks just raised a $70 million Series D in a funding round led by Insight Partners.  

Nymbus aims to help financial institutions seize the benefits of digital transformation, without needing vast in-house tech resources. Its cloud tools ultimately help banks and credit unions evolve their operations and stay competitive. 

“It’s not just about surviving in the current industry; it’s about thriving and transforming it for the better,” chief financial officer Frank McAnally told Insights Distilled. “This urgency is what makes Nymbus’ mission more vital now than ever before.”