Participated · Equity · Jul 2022

Apiture delivers API-first digital banking solutions that serve more than 300 banks and credit unions across the United States. Its platform supports institutions’ needs from leveling the playing field with larger banks to enabling growth through data intelligence and embedded banking strategies. The company plans to use recent funding to accelerate product development initiatives and to expand sales and marketing to meet demand for the Apiture Digital Banking Platform. Apiture is led by CEO Chris Babcock and maintains offices in Wilmington, North Carolina and Austin, Texas. Financially, the company completed a new funding round that brought its total raised to $79M. Apiture provides digital banking solutions to banks and credit unions across the United States. Its platform offers flexible, highly configurable products designed to help a range of financial institutions, from leveling the playing field with larger banks to enabling digital-only brands. Apiture emphasizes an API-first strategy that allows clients to maximize platform capabilities while preserving a seamless user experience. The company is based in Wilmington, N.C., and has been operational since 2017. Apiture has raised $69 million in total funding to date, including a recently closed $29 million financing round. Its solutions are described as award-winning and are targeted at enabling banks and credit unions to deliver competitive digital experiences. Apiture provides two digital experience platforms, Apiture Xpress and Apiture Open, that can be used by financial institutions of any size. Its products currently serve over 400 financial institutions within the United States market. The company is led by CEO Chris Babcock and is based in Wilmington, North Carolina, with an additional office in Austin, Texas. In January 2021 Apiture raised $10M in funding from Bankers Healthcare Group. The company said it intends to use the funds to accelerate key features on its 2021 product roadmap. The funding is positioned to support continued product development efforts. Apiture is a digital banking experience company headquartered in Wilmington, N.C., with a secondary office in Austin, Texas. Led by CEO Chris Babcock, the company offers digital banking products Xpress and Open. Its platforms serve over 400 financial institutions within the United States. The company aims to accelerate development of its digital banking technologies. Apiture recently closed a $20M funding round. The investment is intended to support product development and growth of its digital banking offerings.