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CMFG Ventures invests in BankBI

Source: CMFG Ventures

BankBI Ltd, a leading cloud-based financial performance analytics application for the banking and financial services industry, today announced a Series A investment by equity investor CMFG Ventures, the venture capital arm of CUNA Mutual Group.

"BankBI has developed an impressive technology for credit unions in the out-of-the-box analytics application space," said Brian Kaas, Managing Director of CMFG Ventures. "We're excited to welcome them into the CMFG Ventures portfolio and look forward to the tremendous opportunities ahead."

"The investment presents a great opportunity for BankBI to continue to scale our business in the United States and globally," said Graham Goble, CEO of BankBI. "We are excited to be part of the CMFG Ventures portfolio and look forward to working with such a prestigious group in the credit union market.” 

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