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Venture Capital News: Digital Onboarding Scores $58M Growth Round

2024-01-18
BOSTON, MA, Digital Onboarding today announced it closed a $58 million growth investment from growth equity firm Volition Capital.
Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, today announced it closed a $58 million growth investment from growth equity firm Volition Capital. The investment follows rapid secular growth for Digital Onboarding as banks and credit unions increasingly seek out digital solutions to drive customer engagement and additional product adoption.

¨The Digital Onboarding engagement platform helps banks and credit unions turn account openers into fully engaged and profitable relationships. With personalized messages, microsites, and self-service enrollment tools, the platform helps people enroll in direct deposit and update default payment methods, adopt eStatements, retrieve account and member numbers, open additional products, and more.
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