Mahalo Banking secures $20 million to support the growth of its mobile and online banking services


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By Zoran Temelkov July, 2022

Mahalo Banking, a provider of online and banking solutions for the credit union industry, raises $20 million through a funding round led by Superior Credit Union, Park Community Credit Union, and Dover Federal Credit Union.

The Michigan-based credit union tech provider will use the additional funds as support for its company’s growth, research, and product development.

Mahalo Banking was founded in 2017, and it can be considered to be a mobile and online banking partner that enables credit unions to compete in the digital age. The company offers products and services that can be integrated with credit union cores. Mahalo Banking solutions provide robust and secure features for different delivery platforms and the opportunity for Omni-Experience.

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