Tech Company Financing Transactions

Mahalo Banking Funding Round

Mahalo Banking, operating out of Troy, received $20 million from Dover Federal Credit Union, Park Community Credit Union and Superior Credit Union.

Transaction Overview

Company Name
Announced On
7/19/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Dover Federal Credit Union (Lead Investor)

Park Community Credit Union (Lead Investor)

Superior Credit Union (Lead Investor)

Proceeds Purpose
The company intends to use the funds for research and product development.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
850 Stephenson Hwy 405
Troy, MI 48118
USA
Phone
Undisclosed
Email Address
Overview
We are Mahalo Technologies -- a Michigan based mobile and online banking partner for credit unions. Driven by service to the credit union industry, we offer Mahalo Banking as a platform designed and built on superior architecture. With deep integrations into credit union cores, we provide robust and secure feature sets across all delivery platforms for a true Omni-Experience. Mahalo Banking is price competitive to help all asset size credit unions gain a technological advantage to retain and grow their membership.
Profile
Mahalo Banking LinkedIn Company Profile
Social Media
Mahalo Banking Company Twitter Account
Company News
Mahalo Banking News
Facebook
Mahalo Banking on Facebook
YouTube
Mahalo Banking on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jim Stickley
  Jim Stickley LinkedIn Profile  Jim Stickley Twitter Account  Jim Stickley News  Jim Stickley on Facebook
Chief Operating Officer
Denny Howell
  Denny Howell LinkedIn Profile  Denny Howell Twitter Account  Denny Howell News  Denny Howell on Facebook
Chief Technical Officer
Daniel Domek
  Daniel Domek LinkedIn Profile  Daniel Domek Twitter Account  Daniel Domek News  Daniel Domek on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/19/2022: Astro Space venture capital transaction
Next: 7/19/2022: Healthie venture capital transaction

 

Share this article

 


About Database of VC Transactions

Our team works diligently to record every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary