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Announced

Completed

Insight Partners led a $53m Series C funding round in NYMBUS.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Single Bidder

Private Equity

banking technology

Digital Services

Completed

Minority

Acquisition

Friendly

Private

United States

Venture Capital

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $53m Series C funding round in NYMBUS, a provider of banking technology solutions. “As the pandemic has pushed digital to the forefront, more banks and credit unions have turned to Nymbus as their partner for growth. This new and significant investment validates a confidence in Nymbus to continue transforming the financial services industry with a banking strategy that buys back decades of lost time to speed digital innovation," Jeffery Kendall, Nymbus CEO & Chairman.

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