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Radius Bank & Narmi Launch New Digital Banking Platform

December 17, 2018, 08:00 AM
Filed Under: Fintech

Radius Bank, an industry-leading virtual bank, announced the recent launch of its enhanced online banking platform and Radius Mobile app. These new offerings were made possible by the partnership the Bank established with NYC-based financial technology company Narmi.

“The upgrades to our personal online and mobile banking platforms significantly improve the customer experience,” said Mike Butler, president and chief executive officer at Radius Bank. “Our national client base demands a great 24/7 digital banking experience across all of their devices and this enhanced technology provides just that. We’re excited to partner with an innovative company like Narmi to achieve our goals.”

As a part of the upgrade, Radius personal banking clients now enjoy:

  • Improvements to the user experience, look, and feel
  • Enhancements to the mobile check deposit and bill payment features
  • Ability to directly link Venmo accounts to make person-to-person payments
  • Expanded digital tools for budgeting and tracking financial health
  •  Curated marketplace that includes fintechs Lemonade and Billshark to help clients lower their insurance premiums and monthly bills
  • Increased limits for money movement to accounts at different banks and for depositing checks through the app
  • Faster access to the customer support team


“Narmi has tremendous respect for Radius Bank and is proud to be its partner in becoming the nation’s best virtual bank. We look forward to working with Radius on making their digital banking platform even better over the next many years,” said Nikhil Lakhanpal, Co-Founder of Narmi.

Narmi’s product offerings – which span mobile banking, online banking, digital account opening and banking APIs – help financial institutions offer beautiful, feature-rich and forward-thinking banking experiences to their end-users.

The Radius Mobile app is available on the Apple, Android, and Google Play stores. To learn more about Radius Bank, visit http://www.radiusbank.com from a phone, tablet, or computer.





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