Mahalo Banking Raises $20M in Funding

USA – Mahalo Banking, a Troy, MI-based CUSO that provides online and mobile banking solutions for credit unions, completed a $20 million funding round.

The round was led by Ohio-based Superior Credit Union, Ky.-based Park Community Credit Union and Del.-based Dover Federal Credit Union. The company intends to use the funds for research and product development.Led by President and CEO Jim Stickley, Mahalo Banking provides online and mobile banking solutions for credit unions. The platform provides security and a feature set across all delivery channels for an omni experience with deep integrations into credit union cores.19/07/2022