New York based digital banking tech maker raised $20.4m in Series A funding led by New Enterprise Associates.
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Narmi raises $20.4m in Series A funding
"We do think we have a very strong differentiation strategy," Nikhil Lakhanpal, Narmi's co-founder, told Insider, adding that the capital raise will allow Narmi to execute its key focuses as a company in 2021: developing more business banking digital tools, enhancing the user experience of regional and community bank customers, and doubling down on their open-source strategy (Narmi's API code is publicly available online.)
