Digital Banking Platform Alkami Raises $140 Million

In a round led by D1 Capital Partners, cloud-based digital banking technology platform Alkami has secured $140 million in new funding, Finovate reports. The investment takes the company’s total capital to more than $378 million and comes as the firm reaches nearly 10 million digital users under contract.

Also participating in the venture round were Fidelity Management & Research Company, Franklin Templeton, and Stockbridge Investors.

Read more: Finovate blog