NYMBUS, a provider of financial technology solutions, is pleased 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 aim to “further fuel the company’s growth while bolstering the continued success of its advanced core system and solutions.”
April Clobes, CEO at Reseda Group and MSUFCU, said:
“Reseda Group recognizes that the future of credit union success lies in innovative technology and member-centric solutions. 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.”
Jeffery Kendall, Nymbus Chairman and CEO, said:
“With this new funding, we’re reinforcing our mission to help financial institutions thrive in a dynamic market.”
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.”
Ami Iceman, MSUFCU’s Chief Research and Digital Experience Officer, said:
“MSUFCU’s pursuit of growth in untapped member segments has found an incredible partner in Nymbus. 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.”
Nick Evens, CEO & President of Curql Collective, said:
“Investing in Nymbus aligns with our dedication to advancing fintech within the credit union ecosystem. 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.”
As noted in the update, Nymbus claims it “has disrupted the financial services market as an alternative to legacy business models.”
With Nymbus, any size financial institution “can quickly launch a full-service digital bank or migrate to our award-winning core.”
Whichever growth strategy is right for you, Nymbus says it “buys back decades of lost time to engage and support the entire digital customer journey.”