Narmi logo — Be Where Banking Is Going

Narmi

Be Where Banking Is Going

Founded 2016 United States New York, United States 143 employees Series B Total: $55.50M Finance, Financial Services +2

General Information

Company Name Narmi
Founded Year 2016
Location United States New York, United States
Employees 143
Industries Finance, Financial Services, Fintech +1
Funding Stage Series B
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Narmi

Narmi, founded in 2016, is a dynamic player in the fintech space, offering cutting-edge digital banking and account opening platforms aimed at improving the customer experience for financial institutions. With its headquarters based in the United States, Narmi is at the forefront of the Finance, Financial Services, and Banking industries.

The company’s platform is built for the enterprise, reducing account opening times to under 2.5 minutes. Statistics show that financial institutions leveraging Narmi have seen significant operational improvements, including a 55% increase in new account applications, a 50% decrease in support volume, and a 137% boost in app store ratings. These metrics reflect the platform’s effectiveness in enhancing consumer engagement and operational efficiency.

In its last funding round on June 15, 2022, Narmi raised $35.00M in Series B investments. Noteworthy investors include New Enterprise Associates, Contour Ventures, Greycroft, and Picus Capital, highlighting strong market confidence in Narmi's innovative solutions.

Business keywords: digital banking, account opening platform, mobile banking, online banking, user experience improvement, customer relationship growth, support efficiency, enterprise solutions, core banking integration, regional financial institutions, community financial institutions

Services & Products

Narmi Banking
Narmi Grow
Narmi Command
Narmi Now
Narmi Guard

Target Customers

Financial Institutions Credit Unions Banks Fintech Companies Digital Banking Consumers

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $35.00M 3
Greycroft, Picus Capital +1
01 Jun 2022
Series A $20.40M 5
Contour Ventures, Picus Capital +3
01 Feb 2021
Convertible Note Undisclosed -
01 May 2019
Seed Undisclosed 1
Picus Capital
01 Jan 2019
Grant Undisclosed -
01 Jul 2017
Convertible Note $100.00K 2
Right Side Capital Management, Techstars
01 Feb 2017

Narmi Alternatives & Competitors

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Fimple
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Nymbus
Nymbus United States

Nymbus is a leading provider of banking technology solutions for financial institutions to innovate...

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FAQ About Narmi

Be Where Banking Is Going
Narmi was founded in 2016.
Narmi is headquartered in New York, United States.
Narmi operates in Finance, Financial Services, Fintech and Banking. Its work centres on digital banking, account opening platform, mobile banking and online banking. Its customers include Financial Institutions, Credit Unions and Banks.
Narmi has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Narmi has approximately 143 employees.
Narmi has completed 6 funding rounds, raising a total of $55.50M. The latest funding stage is Series B.
Narmi offers: Narmi Banking, Narmi Grow, Narmi Command, Narmi Now, Narmi Guard.
Top alternatives and competitors to Narmi include Tuum, Fimple, Nymbus, Fisa Group, Treasury Prime. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Narmi and Tuum are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Narmi, https://bouncewatch.com/company/narmi, updated 14 March 2026. When citing, please name BounceWatch and link this page.

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