Banking News

ConnectOne Bank Announces Partnership with Nymbus to Build Bespoke Banking Solution

ConnectOne Bank Announces Partnership with Nymbus to Build Bespoke Banking Solution

ConnectOne Bank, the insured depository subsidiary of ConnectOne Bancorp, Inc., announced its partnership with Nymbus, a cloud-native platform and leading provider of banking technology solutions and core services, to offer digital business banking solutions.

“Since inception, ConnectOne Bank’s mission has been to offer our clients best-in-class banking experiences tailored to their unique needs. As we diversify our client roster, partnering with Nymbus allows us to continue that mission by building a niche-based vertical powered by leading technology,” said Frank Sorrentino III, Chairman & CEO of ConnectOne Bank. “We look forward to working with Nymbus to extend our mission into new segments.”

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This partnership adds another layer to ConnectOne’s cloud-based banking strategy while allowing the company to target new market segments with a tailored bank offering. ConnectOne will be leveraging Nymbus’s full suite of products with comprehensive data and brand strategy to build bespoke solutions founded on speed, flexibility, and meaningful growth.

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“It’s our privilege to partner with a modern financial institution like ConnectOne, who takes a client-centric, tech-forward approach to its business. Together, we help organizations be intentional with their digital strategy–-innovating with focused financial products and services that are strategically built to grow and serve communities with like-minded needs,” said Nymbus Chairman and CEO Jeffery Kendall.

ConnectOne plans to launch this new vertical by year-end 2022.

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