Nymbus partners with Middesk to bolster digital onboarding for FIs

By Pavithra R

Nymbus, a leading provider of banking technology solutions, has announced partnering with Middesk to help financial institutions (FIs) seamlessly onboard more business customers while reducing compliance and risk.

Founded in 2019, Middesk offers the easiest way for financial services companies to verify and monitor their business customers. It expedites the onboarding process for new business accounts by delivering a fully digital and automated data engine solution that prioritizes sourcing accurate, updated information to verify company identity. By leveraging modern techniques and principles, the firm merges the data and documents to develop a single verifiable identity for every business in the United States.

“For innovative institutions looking to spur growth, there’s a tremendous opportunity to support businesses who seek convenient and frictionless digital financial experiences. Middesk is an excellent extension to the Nymbus partner network, together helping more firms streamline the onboarding process by verifying the identify of new business customers for quicker access to funds and services,” said Sarah Howell, Chief Alliance Officer at Nymbus.

Nymbus has transformed the traditional banking model at an accelerated pace to keep FIs relevant as consumers demand contactless payments, digital platforms and personalized experiences. It helps enable FIs of all sizes to be relevant by providing innovative solutions to support the entire digital customer journey.

“We are excited to partner with Nymbus to help banks and credit unions launch consumer-like experiences for their business customers. Our developer-first business verification product is purpose-built for innovative companies like Nymbus that are enabling the next generation of financial services for business customers,” said Kyle Mack, Founder & CEO, Middesk.

Founded in 2015, Nymbus is a leading provider of banking technology solutions for financial institutions to innovate and grow. With its complete suite of banking technology, tools and on-demand services, Nymbus makes digital transformation quickly and easily available to move financial institutions of any size forward.