NYMBUS names Jeffery Kendall as new Chief Executive Officer
By Pavithra R
Nymbus, a provider of advanced revenue and technology solutions for financial institutions, has announced the Board of Directors (BODs) has appointed Jeffery Kendall to serve as the company’s Chief Executive Officer (CEO) effective from October 1, 2020.
Kendall is to succeed the company’s founder, Scott Killoh, who will continue to serve as Executive Chairman of the Board and trusted advisor to the management team. Kendall is an experienced leader in the digital technology space, bringing indepth operational knowledge along with a track record of scaling high growth companies. Most recently, he served as the Executive VP and General Manager (GM) of Kony DBX where he grew the digital banking division by 500% in two and a half years, leading to an acquisition by Temenos in 2019 for $520M.
“With over a decade of investment in our award-winning portfolio and rising customer success, NYMBUS is poised to become a FinTech market leader. Jeffery’s strong domain and go-to-market expertise delivers the right leadership at this critical time when more financial institutions are seeking our proven and risk-free strategies to quickly digitize their banking operations and customer-facing channels,” said Killoh.
In the new role, Kendall will assist NYMBUS to further capitalize on the opportunity presented by a FinTech market that continues to explode in growth and is in demand as FIs are seeking digital transformation. NYMBUS, with its unique alternative to the legacy business model, has disrupted the industry by enabling risk-free solutions for credit unions and traditional banks to rapidly innovate, digitize and grow their businesses.
“I am honored to join this exceptional team. In record time, NYMBUS has already delivered over 25 successful customer deployments. This is a powerful validation of the efficacy of our robust software and solutions, and the trajectory for continued success and growth by remaining focused on serving our clients, creating significant value for our shareholders and providing exceptional opportunities for our employees,” said Kendall.
Founded in 2006, NYMBUS enables financial institutions to digitally transform their businesses with its core platform and full-service standalone digital bank alternative. The NYMBUS SmartBanking suite, which includes its flagship digital technology products from SmartCore, SmartEcosystem, SmartDigital, SmartPayments to SmartLaunch, a full-service and standalone digital bank alternative assists financial institutions in its digital transformation.
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