Technology vendor Alkami has raised $140mn in its latest funding round.
In Brief:
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The round was led by D1 Capital Partners.
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Alkami provides cloud-based digital banking technology to over 150 banks and credit unions.
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Other investors included Fidelity Management & Research, Franklin Templeton and Stockbridge.
What does this mean?
Almaki says it has some of the fastest growing financial institutions in the US among its clients and it hopes to support their continued development, supported by “world class” investors.
