Banking technology solutions provider Nymbus has forged a partnership with digital financial planning technology firm Marstone.
Nymbus claims a broad suite of applications across core banking, onboarding, lending and CRM services. It also has a “Labs unit” to create new capabilities for traditional institutions, including extending their reach to new niche customer segments.
Marstone will add its digital wealth management platform and financial health and wellness toolkit. These are intended to help organisations create a seamless digital experience, while bringing back-end efficiencies and cost savings.
Margaret J. Hartigan, co-founder and CEO at Marstone, says: “Covid accelerated the already growing number of consumers shifting their wealth and banking to digital offerings.
“To remain successful, financial institutions need to recognise that digital financial management and education are essential.”
Marstone recently gained $5 million in Series A funding and announced a deal with Amerant Bank for its solutions. Its suite is integrated with custodians, core banking platforms, account aggregation platforms and investment managers.
Allison Netzer, chief marketing and strategy officer at Nymbus, adds: “We know that there are best-in-breed solutions already in the market to help our clients achieve their goals quickly and easily.
“Marstone’s digital wealth management platform will play a critical role as we continue to remove the hurdles historically associated with digital banking innovation.”
The Marstone partnership follows on closely from Nymbus’ partnership announcement with open banking specialist Plaid, which is intended to improve client onboarding for Nymbus’ bank and credit union customers. Marstone also partners with Plaid.
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