Lumin Digital provides a cloud-native digital banking platform that enables financial institutions to offer seamless, self-service banking experiences with 99.999% uptime and 100% on-time launches. The platform enhances user engagement and operational efficiency through AI-driven tools and regular product updates, resulting in significant cost savings and accelerated deposit growth for clients.
Funding
$161.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many financial institutions struggle to provide a modern, seamless digital banking experience that meets rising customer expectations for self-service capabilities and consistent uptime. Traditional banking platforms often require costly overhauls to adapt to new technologies and fail to deliver the personalized experiences that drive user engagement and deposit growth.
Solution
Lumin Digital offers a cloud-native digital banking platform designed to enable financial institutions to deliver cutting-edge, self-service banking experiences across all devices. The platform's microservices architecture and API-enabled design allow for rapid innovation and seamless integration with existing systems. By leveraging AI-driven tools and advanced analytics, Lumin Digital empowers financial institutions to personalize user experiences, improve operational efficiency, and accelerate deposit growth. The platform's robust security features and 99.999% uptime ensure uninterrupted service and protect sensitive customer data.
Target Audience
Lumin Digital primarily targets financial institutions, including credit unions and banks, seeking to modernize their digital banking offerings and enhance customer engagement.
Features
- Cloud-native architecture for scalability, reliability, and continuous innovation
- API-enabled platform for seamless integration with existing core banking systems and third-party services
- AI-powered tools for personalized user experiences and targeted marketing campaigns
- Advanced analytics dashboard for real-time insights into user behavior and platform performance
- Self-service capabilities for account management, payments, and other common banking tasks
- Robust security features, including multi-factor authentication and encryption, to protect sensitive data
- Microservices architecture for rapid deployment of new features and updates without downtime
- Digital account opening capabilities for retail and commercial clients