Narmi
Narmi sells digital banking software to financial institutions, helping them open accounts faster and manage customer relationships online. Its platform claims to cut account opening time to under 2.5 minutes and has raised $56M, most recently in a 2022 Series B.
The growth story
Narmi grew from 34 to 156 employees between 2021 and 2026, raising $56M along the way, most recently a Series B in June 2022.
About
Narmi provides white-label digital banking platforms that integrate with core banking systems. Banks and credit unions use it to offer mobile and online account opening, aiming to reduce support calls and improve customer satisfaction metrics. The company reports clients see a 55% jump in new account applications and 50% fewer support tickets after implementation.
Founded in 2016, Narmi has grown to 156 employees. Its $56M in funding includes backing from Greycroft and Contour Venture Partners. Client case studies highlight dramatic improvements in app store ratings (137% increase) and Net Promoter Scores (20% lift).
Founders and leadership
Engineering makes up nearly a quarter of Narmi's 156-person team (38 employees). The company has a flat structure with median tenure of just one year, suggesting rapid scaling or turnover.
Departments, and which ones grew
Headcount by function: Engineering 48 (+7% YoY), Operations 21 (+24% YoY), Marketing 12 (0% YoY), Product Management 11 (+22% YoY), Sales 8 (0% YoY), Arts and Design 8 (+33% YoY).
Talent flow
Narmi recruits heavily from traditional finance, with JPMorgan Chase as its top talent source (9 hires). Georgetown University's credit union is the second-largest feeder. Alumni frequently move to other fintechs like J.P. Morgan and Glide.
Most common previous employers of Narmi staff: JPMorganChase (9), Georgetown University Alumni & Student Federal Credit Union (8), Goldman Sachs (4), Wells Fargo (4), Q2 (4), PwC (4). Former Narmi employees most often moved to J.P. Morgan (3), Glide (3), Loancrate (2), Bridge (2), Juicyorange (2), Middesk (2).
Alumni worth knowing
The Narmi mafia
Four alumni-founded companies trace back to Narmi, including Starch (1 founder, 2 staff) and Solano Advisory (1 founder, 1 staff). The ventures span fintech and consulting.
4Frances Hughes, was Software Engineer, Product until 2024Jay Vandegriff, was Director Of Enterprise until 2023Mark Solano, was Director of Growth (Enterprise GTM, Digital Banking) until 2025Nick Malaguti, was Director of Engineering - Digital Banking until 2024Hiring now
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at Narmi: Microsoft Office (61), Leadership (60), Microsoft Excel (50), JavaScript (44), Customer Service (41), Python (Programming Language) (40), Project Management (39), Public Speaking (38).
Where the team actually sits
Narmi people are concentrated in New York, United States (71), New York City Metropolitan Area (14), United States (12), California, United States (5).
Search footprint
Narmi attracts about 669 organic search visits a month, traffic worth roughly $9K a month if bought through ads. It gained 155 ranking keywords and lost 225 in the last period.
What employees say
- Compensation
- 3.70 / 5
- Career opportunities
- 4.20 / 5
- Senior management
- 4.00 / 5
- Work-life balance
- 4.80 / 5
Frequently asked
Narmi has 156 employees as of September 2026.
Narmi has raised $56M in total, most recently a Series B round in June 2022.
Narmi was founded in 2016 by Nikhil Lakhanpal, Chris Griffin.
The most common previous employers of current Narmi staff are JPMorganChase (9 people), Georgetown University Alumni & Student Federal Credit Union (8 people), Goldman Sachs (4 people).
Former Narmi employees most often move to J.P. Morgan (3), Glide (3), Loancrate (2).
At least 4 companies have a founder who previously worked at Narmi, including Starch, GoH, Solano Advisory.
Narmi attracts about 669 organic search visits a month, worth roughly $9K a month in equivalent ad spend.
The most common skills among Narmi staff are Microsoft Office, Leadership, Microsoft Excel, JavaScript, Customer Service.
Narmi staff are concentrated in New York, United States (71), New York City Metropolitan Area (14), United States (12).
Narmi has about 48 people in Engineering, up 7% over the past year, as of September 2026.
Narmi has about 21 people in Operations, up 24% over the past year, as of September 2026.
Computed from 141 current and 115 former Narmi profiles, as of September 2026. Source: Crustdata.
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