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Mahalo Banking Raises $20 Million To Further Accelerate Growth In Mobile And Online Banking Services

PRIVATEJul 19, 2022

Amount Raised

$20 Million

Round Type

Funding Round

ChicagoInformation TechnologyFinancial ServicesSoftwareData And AnalyticsPayments

Description

Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, completed a $20 million funding round this month that was led by Ohio-based Superior Credit Union, Ky.-based Park Community Credit Union and Del.-based Dover Federal Credit Union. The additional capital enables Mahalo to continue the resounding momentum that it has experienced over the past two years and will be heavily allocated toward research and product development, helping fuel Mahalo’s proven commitment to ongoing innovation in Digital Member Service.

Company Information

Company

Mahalo

Location

Chicago, Illinois, United States

About

Mahalo enables world-class product ownership experiences, empowering leading manufacturers to build trusted customer relationships and expedite product support by leveraging powerful AI. We are transforming how OEMs deliver value to their customers through transparent processes, time-saving automations, and robust integrations. We enable manufacturers to improve their customers’ experience and increase overall brand satisfaction, drive repeat business, and decrease cost-to-service and troubleshooting.

Fundz sees it the moment Mahalo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Mahalo's next move

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Mahalo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.