Archway Announces $15 million in Series A Funding to Bring a Modern Banking Platform to Community and Regional Banks
Archway announced the launch of its platform for banks to modernize and personalize digital customer interactions, backed by a funding round of $15 million led by Madrona and WaFd Bank. The more than 10,000 community and regional banks in the U.S. are critical elements to healthy regional economies, but they are hampered by the lack of technology to compete with their national and global counterparts. Archway’s platform enables banks to easily integrate their core banking products into the latest web, mobile, voice, and AI technologies. Centralizing the data from disparate systems allows banks to have a holistic view of their customers to serve their banking needs better.
