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Apiture Completes $20m Fundraising Round To Support Innovation

Deleware based digital banking platform for financial institutions raised $20m in financing co-led by Live Oak Bank and First Data.

"Live Oak and Apiture are fortunate to have been joined by partners that share our vision for Apiture and our enthusiasm for changing banking technology infrastructure," Live Oak Senior Vice President for Corporate Development and Strategy Stephanie Mann said in an email Tuesday afternoon. "The new capital from Pinnacle Bank and T. Rowe Price funds will support their continued innovation and growth. Apiture is poised to challenge the status quo with their API-first, cloud-native digital banking solution."

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financing, banking