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Digitalbank. Riskmanagement and compliance software. HQ: Minneapolis, Minnesota. Tags: Consumer, bank, mobile, challenger, neo-bank. Latest round: $8.5 million Series B. Total raised: $16.2 HQ: Auckland, New Zealand. Source: FT Partners. Latest round: $7.25 Total raised: $10.4 Source: Crunchbase.
The Ecosystem Award – Goes to Partners Credit Union for its collaborative member experience work with digitalbanking vendor Kony (now part of Temenos). The digitalbanking provider helped implement digital competitiveness against big banks that Partners sought. Good news, banks: We have customers.”.
Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis.
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