Nymbus raises $12 mn led by Insight Partners and Vensure

Nymbus, a provider of financial services platform, completed $12 million in a new financing round led by Insight Partners and Vensure Enterprises.
Nymbus“This latest funding points to confidence and demand in the marketplace for innovative solutions that financial institutions can rapidly deploy in order to thrive in a digital-dependent world,” said Scott Killoh, CEO and founder of Nymbus.

Nymbus recently introduced SmartLenders as soon as Congress passed the CARES Act on March 27, to help make the Paycheck Protection Program (PPP) loan process simple and fast for participating banks and credit unions to urgently help their local communities and small businesses.