Plano digital banking firm Alkami raises another $55 million for growth

One of Dallas-Fort Worth's fastest-growing technology firms has landed another substantial funding round. Plano-based Alkami Technology Inc., a cloud-based digital banking company, announced Monday that it secured $55 million in a funding round led by growth firms General Atlantic and MissionOG. Existing investors S3 Ventures and Argonaut Private Equity also participated. Alkami's digital banking platform is used by by more than 6 million registered users and 130 financial institutions. Since its founding in 2009, Alkami has raised over $225 million in capital. "Alkami continues to experience incredible growth as a leader in the large and growing digital banking market," said General Atlantic vice president Raph Osnoss in a statement. "We believe Alkami will continue to drive the industry forward with new innovations in user experience, product features, platform architecture and data security."

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As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi

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