Overview
The Mission
Narmi provides superior technology – namely mobile banking, online banking, digital account opening and banking APIs – to financial institutions. Banking through these digital channels hasn’t changed in years and has become an antiquated, transactional experience when it should be a highly emotional and data-driven experience. There are over 11,000+ regional and community financial institutions in the United States today. With Narmi’s help, these institutions better compete with Mega-Banks, Challenger Banks and FinTech companies to create a more diverse and engaging financial ecosystem.
Today, Narmi’s platform powers financial institutions with billions of dollars of assets, and helps move millions of dollars between financial institutions on a daily basis.
The Story
Narmi was co-founded by Nikhil Lakhanpal and Chris Griffin, the former CEO and CTO of the nation’s largest student-run financial institution (the Georgetown University Credit Union). While serving in these roles, they became aware of the sub-par digital banking offerings utilized by the majority of regional and community financial institutions. As financial institution leaders, they lacked the appropriate technology partner that could help them retain and engage their customer base. This experience led to the founding of Narmi with one simple mission – offer the best digital banking platform to financial institutions. Over ten years later, these problems are still more prevalent than ever. Narmi has built its platform from the ground up entirely in the financial technology capital of the world – New York City – and employs some of the brightest minds in the industry.
Key Features
Narmi's consumer and business digital banking key features include:
- User segmentation
- User management
- Security management
- Risk management
- Marketing
- Support hub
- Analytics
Key Benefits
Narmi's consumer and business digital banking products:
- Provide best-in-class UI / UX to financial institution customer and staff
- Deliver forward thinking functionality to boost growth and manage risk
- Increase speed-to-market on the financial institution's own terms with monthly releases and self-service approach to customization
Lastly, Narmi assigns a dedicated team of resources to each financial instution with a goal of ensuring success for kick-off, go-live, and beyond!