"'Narmi One represents the next evolution of our mission to help community financial institutions succeed in the digital age,' said Chris Griffin, Co-Founder of Narmi. "'By providing a unified foundation for growth and innovation, we're empowering our clients to not only compete, but win against even the largest banks and fintechs.' "'The complexity of managing multiple parts of a digital tech stack is a major pain point for financial institutions," said Nikhil Lakhanpal, Co-Founder of Narmi. 'With Narmi One, we’ve built real integration advantages into our platform, enabling financial institutions to deliver cutting-edge user and staff experiences cost-effectively.'" Read the full press release: https://hubs.la/Q030ll_K0 #NarmiOne
About us
Narmi offers state of the art digital banking and digital account opening platforms to financial institutions. The platform – built for the enterprise – allows financial institutions to open accounts in less than 2.5 minutes, and then grow that relationship over a lifetime through intuitive mobile and online channels. Every single product at Narmi integrates with leading core banking systems. Financial institutions using Narmi have experienced: - 20% increase in NPS - 55% increase in new account applications from non-account holders - 50% decrease in support volume - 63% improvement in support response time - 137% increase in app store rating - 65% Reduction in time from application start to application submission Narmi’s founding team previously served as leaders of a financial institution and quickly became frustrated by digital technology available to them. Today, Narmi is almost entirely headquartered in New York City and is focused on building lasting digital experiences for financial institutions.
- Website
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https://www.narmi.com/
External link for Narmi
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2016
Locations
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Primary
3 E 28th St
Floor 12
New York, NY 10016, US
Employees at Narmi
Updates
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Narmi reposted this
We founded Narmi almost 9 years ago and it feels like we are getting started. I’m excited and proud to both double-down and re-affirm our product vision – Narmi One. The premise is quite simple – financial institutions spend way too much time and money on integrations between front-end systems. How to get account opening, fraud, digital banking, instant payments, APIs all to talk to each other – within one central admin platform – can feel like an impossible task. Having been a CEO of a community financial institution myself, I know it’s incredibly frustrating when you can’t offer end-users or staff users the experiences they deserve. The answer is a platform that offers integration power that no combination of point solutions could ever offer. And the best part? Financial institutions can start at any part of our product set. Whether that be digital banking, account opening, FedNow, etc. Learn more about this north star here:
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"With Narmi One, financial institutions of all sizes can finally break free from the constraints of cobbled-together technology. "Instead of wasting time and money on a patchwork of poorly integrated solutions - the dreaded 'Frankenstein' IT environment - FIs can focus on what matters most: serving their customers and communities." We're excited to announce the launch of Narmi One, a fully integrated digital banking platform geared to help community financial institutions win. Read a message from our co-founders on Narmi's vision for the future of digital banking: https://bit.ly/3ZAvjW0 #NarmiOne
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Join Narmi at Acquire or Be Acquired in January! We're hosting a series of social events both leading up to and during the weekend -- we'll get things started off with a welcome social at Twenty6 Lounge. Register to meet with Narmi here: https://bit.ly/401PnSM
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We're excited to attend Datos Insights' upcoming webinars next month, geared towards setting the tone for the new year. One topic that's always top of mind for any community financial institution any year: January 9th's "Fraud & AML" trends webinar.
REGISTER NOW 🔗 https://lnkd.in/eCch4H-T This January, Datos Insights' expert teams will uncover the top trends shaping the future of #FinancialServices. From emerging technologies to regulatory changes and market opportunities, these webinars will provide actionable insights to help you stay ahead in 2025. Reserve your spot now and let us help you remain competitive in 2025 and beyond! #FreeWebinar #FinServ #FinancialServices #2025Trends #Banking #Insurance #Risk #Securities #Investments #Payments #WealthManagement
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Yesterday, we discussed the future of #FedNow and our own progress with the service at our Monthly Company Showcase. This included some startling numbers from the Federal Reserve's latest quarterly report, which show impressive growth and increased uptake by financial institutions across the country. As one of the first fintech adopters of the FedNow Service, Narmi is excited about the trajectory of this groundbreaking payment rail, and we're happy to guide any community bank or credit union curious about FedNow through the process of learning and adoption: https://bit.ly/49mixPe
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We're very excited to meet with our friends in the community banking space at AOBA in January! Narmi has a variety of social events lined up, including a dedicated get-together for the AFC Championship Game that Sunday. For more information on social events and how to get in touch, register here: https://bit.ly/41lGl46
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“Expanding our partnership with Alloy is a key step in building a banking technology platform that continues to prioritize efficiency, primacy, and growth,” said Angela Gentry Yue, Senior Vice President of Operations at Narmi. “By offering full lifecycle fraud monitoring, we further empower our customers to safeguard accounts, reduce losses, and enhance operational excellence in their institutions.” Read the full press release: https://bit.ly/4gjExwH
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November has been a busy month for our team, and we’re excited to highlight product updates across account consumer opening, business banking, and our admin platform that are designed to help community financial institutions support their staff and customer users. Check out our latest LaunchNotes post to learn more about some of product updates, from branded debit cards to multi-entity aggregation in business banking: https://hubs.la/Q02ZBglg0
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Narmi reposted this
Thanks Cornerstone Advisors for having the Narmi team down in Raleigh last week! These semi-annual briefings are so important for both companies to align on what each organization is working on. Our agenda included wins from the last 6 months, clear alignment on Narmi's differentiators, a refreshed product demo and reviewing our next 6 months of roadmap. Ultimately, both companies are fully committed to advancing community financial institutions which was the most exciting takeaway for me. Thanks for hosting Jim Burson Eric Weikart Sam Kilmer Chris Miller Josh Davis Ryan Ceglarek Christopher Fleischer Audrey Millhouse Mike Rempel Tristan Green Jessica Pinkston Kristie Peterson Hallie Phillips, MBA and so many more!