Lumin Digital receives 160 million dollars

New funding enables Lumin Digital to better serve financial institutions with modern, scalable and secure solutions

San Ramon, California, December 2, 2024- Lumin Digital, a provider of cloud-native digital banking platforms, has raised $160 million in growth capital. The financing round was led by Light Street Capital, NewView Capital and Partners Group. This investment is intended to strengthen the company's innovative power to better support financial institutions and their members.

Focus on transformation and customer experience

With the new funds, Lumin Digital plans to expand its product range and consolidate its market-leading position in the digital banking industry. The company is committed to a cloud-native architecture that meets the needs of modern financial institutions by providing personalized, scalable and secure solutions.

This investment validates our vision and gives us the opportunity to drive innovation that will revolutionize our customers' digital banking experience

Jeff Chambers, CEO of Lumin Digital

Growth figures and clear goals

Since its foundation in 2016, Lumin Digital has recorded annual growth rates of over 60% and plans to continue this success with a clear strategy. The financing round underlines the importance of modern, disruptive solutions for the financial industry and positions Lumin Digital as a pioneer in digital banking.

The startup offers cloud-native digital banking solutions that are characterized by speed and scalability. With a strong focus on customer centricity and ROI optimization, the company helps banks and credit unions achieve sustainable growth and strengthen customer relationships.