FinovateFall 2023 / Nymbus
Presenter Profile:
How they describe themselves: A leader in the U.S. financial technology industry, Nymbus offers a robust, cloud-based core banking platform. They specialize in delivering end-to-end solutions, optimizing operations and enriching customer experiences. With exceptional efficiency, they can launch a fully managed digital bank. Their product suite, coupled with operational resources, paves the way for financial institutions, reinforcing Nymbus’s crucial role in the sector.
How they describe their product/innovation: Nymbus SMB is a solution designed to augment the interactions between financial institutions and small to medium-sized businesses (SMBs). It offers essential features such as cash flow insights, optimized money movement, simplified invoicing and expense management combined with streamlined onboarding. Nymbus SMB enables financial institutions to provide comprehensive support to SMBs in managing their cash flow, securing capital and strategizing for growth.
Product distribution strategy: Through financial institutions
Contacts:
Bus. Dev.: Dax Holmstead (Regional VP), 801-707-1959, dholmstead@nymbus.com
Press: Allison Netzer, 855-210-7874, anetzer@nymbus.com
Website: nymbus.com
LinkedIn: linkedin.com/company/nymbus
HQ: Jacksonville, FL, USA
Founded: March 2015
Product Demoed: Nymbus SMB
Metrics: Series D: $70 Million
Presenters: Jessica Coleman, SVP of Digital Banking | Brian Koenig, VP, Director of Business Solutions
- Key Executives
Jeffery Kendall (Chairman & CEO), Ryan Sorrels (COO), Allison Netzer (Chief Marketing & Strategy Officer), Frank McAnally (President & CFO), Larry McClanahan (CPO), Michelle Prohaska (CCO), John Janclaes (President, Nymbus CUSO), Gina Nichols (Chief Information Security Officer), Crina Pupaza (Chief People Officer)
Key Stats
- Key Board Members
Peter Sobiloff (Insight Partners), Glenn Kim (Financial Services Expert), Rilla Delorier (Independent Board Director, Coastal Community Bank), David Rabkin (Captial One), AJ Malhotra (Insight Partners)
- Key Investors
Insight Partners, MSUFCU, Curql Group, VyStar CU, PeoplesBank, ConnectOne Bank, The Banc Funds, Mendon Ventures, Financial Services Capital
- Key Advisory Board Members
James Robert Lay, Al Dominick, Bill Hampel, Ian Hurst, Nick Kennedy
- Key Customers
MSUFCU, VyStar, Maast, Locality Bank, PeoplesBank, ConnectOne Bank, Vantage West CU, Actors Federal CU