Nymbus provides a cloud-native banking platform that helps brands, banks, fintechs, and credit unions create new digital banks or modernize existing banking systems. The platform is designed to be flexible and fast, enabling clients to embed banking products and services and quickly adapt to changing strategies. It is a turn-key solution, handling back-office operations, call center tasks, and other support activities so clients can reach market faster without internal distractions. Nymbus also offers a digital banking solution tailored for small and medium-sized businesses, connecting them with the communities they serve to foster growth. Revenue comes from charging clients for use of the platform and services, with built-in compliance for BSA, AML, and KYC to keep digital banks safe and legal.
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Industries
Company Size
201-500
Company Stage
Series D
Total Funding
$211.4M
Headquarters
Jacksonville, Florida
Founded
2015
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Total Funding
$211.4M
Above
Industry Average
Funded Over
10 Rounds
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First Entertainment Credit Union and its technology partner Nymbus are finalists in the 2026 Credit Union Times Luminaries Awards. First Entertainment is nominated for launching CineFi, the first fully digital credit union built for entertainment industry professionals. Nymbus is a finalist for consulting excellence. CineFi targets Atlanta's growing creative workforce. It runs as a sidecar brand on the Nymbus Banking Platform, so First Entertainment entered the market with no branches and no core replacement. Since launch, CineFi has gained more than 1,700 members and over $61 million in deposits. Winners will be announced November 5 at a gala in Orlando, Florida.
April Clobes joins Nymbus Board of Directors. 1 hour ago MSUFCU President and CEO brings three decades of credit union leadership and CUSO operating experience to the board JACKSONVILLE, Fla., Oct. 6, 2026 - Nymbus, a modern core banking platform for U.S. banks and credit unions, today announced the appointment of April Clobes, President and Chief Executive Officer of Michigan State University Federal Credit Union (MSUFCU), to its Board of Directors. Clobes already serves on the board of Nymbus CUSO, formed in March 2021 to connect credit unions with trusted fintech offerings that simplify technology delivery and open new digital growth opportunities. Her appointment to the Nymbus Board of Directors broadens that involvement to the company level, where she brings experience from both sides of the technology equation as the leader of a $9.3 billion credit union and as the chief executive of a CUSO built to invest in and scale fintech companies serving the industry. Clobes has spent three decades at MSUFCU, joining the credit union in 1996 and moving through a range of positions before being named President and CEO in 2015. She also serves as CEO of Reseda Group, the wholly owned CUSO MSUFCU formed in 2021. Under her leadership, MSUFCU serves more than 415,000 members through 35 branches and employs more than 1,400 people. "Credit unions are competing against institutions with far larger technology budgets, and collaboration is how we close that gap," said Clobes. "Nymbus gives credit unions a practical path to modern technology without waiting years to get there. I look forward to helping the board expand that access across the industry." Her appointment builds on an established working relationship between the two organizations. In 2025, MSUFCU partnered with Nymbus to convert two acquired community banks, Algonquin State Bank and McHenry State Bank, onto Pillur, a digital banking platform built to serve small and medium-sized businesses. The partnership recently earned a Finopotamus Tekkie Award for Core Innovation. "April has built one of the most forward-thinking credit unions in the country and then built a CUSO around it, so she understands exactly what we are building at Nymbus," said Jeffery Kendall, chairman and CEO of Nymbus. "She knows where credit unions get stuck, which partnerships actually deliver, and what it takes to turn technology into growth. Her perspective will help guide how we serve credit unions of every size." Named one of the Most Powerful Women in Credit Unions by American Banker, Clobes has been recognized with an ATHENA award from the Lansing Regional Chamber of Commerce, an Honorary Alumni Award from Oakland University, the Michigan State University Distinguished Alumni Award, and three Detroit Free Press Top Workplaces Leadership Awards. She earned recognition as a Crain's Detroit Business Newsmaker in 2023 and as a 2026 Women of Influence honoree. She serves on several fintech advisory boards along with numerous organizations supporting the credit union industry and the broader business community. About Nymbus Nymbus delivers a cloud-based, highly extensible, full-stack banking platform, empowering community banks and credit unions to accelerate their growth and market positioning. Founded in 2015, Nymbus modernizes legacy core systems that support both brick-and-mortar operations and digital-first institutions, and facilitates the launch of vertical banking strategies or subsidiary brands with a sidecar Core alternative. The Nymbus Banking Platform solution delivers the technology, people, and processes to scale as your financial institution grows. For more information, visit nymbus.com About MSU Federal Credit Union MSU Federal Credit Union (MSUFCU) was established in 1937 to provide a secure place for members to save and borrow. Guided by its mission to help members achieve financial security, reach their goals, and realize their dreams, MSUFCU supports members through key milestones in life while helping them plan for the future. Recognized as a leader in innovation and as a great place to work, MSUFCU continually seeks new ways to enhance the member experience and strengthen the communities it serves. Today, the Credit Union proudly serves more than 415,000 members through 35 branches, with over $9.3 billion in assets and more than 1,400 employees. MSUFCU is headquartered in East Lansing, Michigan.
Nymbus, a modern core banking platform for US banks and credit unions, has appointed April Clobes to its board of directors. Clobes is president and CEO of Michigan State University Federal Credit Union, a $9.3 billion institution serving more than 415,000 members. Clobes brings three decades of credit union leadership experience. She has led MSUFCU since 2015 and also serves as CEO of Reseda Group, a wholly owned CUSO formed in 2021. She already serves on the board of Nymbus CUSO, established in March 2021. In 2025, MSUFCU partnered with Nymbus to convert two acquired community banks onto Pillur, a digital banking platform for small and medium-sized businesses. The partnership recently won a Finopotamus Tekkie Award for Core Innovation.
AlumniFi members build savings and add products with Pocketnest. Sep 30, 2026, 08:26 ET Analysis finds product adoption and savings growth following members' Pocketnest registration EAST LANSING, Mich., Sept. 30, 2026 /PRNewswire/ - Pocketnest, the embedded financial wellness platform helping financial institutions deliver whole-financial-life guidance at scale, today announced strong product adoption and savings trends among AlumniFi members following their registration for Pocketnest. "We partnered with Pocketnest to bring our members meaningful tools, and the savings growth we've observed following registration is encouraging," said April Clobes, president and CEO, AlumniFi. "The platform better positions us to add value beyond members' initial transactions and give them confidence in managing their finances." Following Pocketnest's integration with Nymbus, AlumniFi's digital banking platform, average daily member registration increased more than eightfold. Registrations remained elevated for the following months, showing the value of making financial wellness readily available within the digital banking experience. An analysis of anonymized AlumniFi member data also found measurable product adoption and savings growth: * 8.3 percent of members who only had a membership account when they registered for Pocketnest later added a checking account, savings account, or both within a median of 15 days of registration * 57 percent of savings accounts[1] increased balances at approximately 90 days * Savings balances[2] grew by an average of 8 percent at 90 days "We exist to help members with what matters next, and these findings show what can happen when financial wellness becomes an integral part of members' digital banking experience," said Jessica Willis, CEO and founder, Pocketnest. "Pocketnest helps credit unions like AlumniFi turn whole financial life context into manageable next steps - creating more value for members and a more meaningful role for their financial institution." The platform brings together whole financial life planning, behavioral science, and personalized digital guidance to help members navigate everything from budgeting and debt to savings, retirement, and estate planning. Pocketnest transforms each member's financial life into customized recommendations, educational guidance, goal tracking, and dynamic to-do lists that evolve as their financial lives change. Using Pocketnest, financial institutions gain actionable insights to identify member needs, personalize engagement, and uncover cross-sell revenue opportunities - while supporting measurable improvements in member financial wellness. Pocketnest is available to financial institutions nationwide and currently integrates with Nymbus, Tyfone, CU*Answers, and Lumin Digital, with additional integrations launching soon. [1] Savings accounts with sufficient balance history [2] Excludes the highest and lowest 5% of balance changes AlumniFi is a digital-first banking brand created by Michigan State University Federal Credit Union (MSUFCU). AlumniFi offers high-yield savings, fee-free checking, and tech-forward tools to help people simplify their finances and build confidence with every money move. AlumniFi deposits are federally insured by NCUA. Pocketnest, Inc.(TM) is an embedded financial guidance platform for financial institutions and the platforms that serve them. Using context from across the whole financial life, behavioral science, connected data, and institution-controlled technology, Pocketnest turns financial complexity into manageable next steps and trusted connections. Its white-label experience helps credit unions, banks and financial professionals provide more relevant support inside the relationships people already trust. Pocketnest is an NCUA-registered credit union service organization and was acquired in 2025 by Reseda Group - a wholly owned CUSO of MSU Federal Credit Union - in partnership with Maps Credit Union. Learn more at pocketnest.com. SOURCE Pocketnest
Michigan State University Federal Credit Union has won the 2026 Finopotamus Tekkie Core Innovation Award for launching Pillur, a business banking platform built with Nymbus. The platform helped MSUFCU integrate business banking relationships from its acquisitions of Algonquin State Bank and McHenry Savings Bank. The credit union migrated over 1,100 small and medium-sized business members and 2,500 accounts onto Pillur, transitioning more than $64 million in deposits and $172 million in loans. The platform has since achieved a 611% increase in deposits and 1,357% increase in members over the past year. Pillur operates on Nymbus's cloud-native core banking platform, deployed as a sidecar core alongside MSUFCU's existing infrastructure. This architecture enabled the credit union to maintain branch operations whilst launching a distinct digital brand for business owners.
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Industries
Company Size
201-500
Company Stage
Series D
Total Funding
$211.4M
Headquarters
Jacksonville, Florida
Founded
2015
Find jobs on Simplify and start your career today