Lumin Digital Raises $115 Million in New Capital

<p><strong>SAN RAMON<&sol;strong> &&num;8212&semi; Lumin Digital&comma; the Compounding Growth Platform for banks and credit unions&comma; has announced more than &dollar;70 million in new investment from clients of the company&period; This follows a recent &dollar;45 million growth equity financing led by Light Street Capital&comma; totaling more than &dollar;115 million in fresh capital for the business&period;<&sol;p>&NewLine;<p>The new funding will support Lumin’s continued innovation roadmap&comma; accelerating advancements in AI&comma; payments&comma; CRM&comma; lending&comma; and other high-impact product expansion categories centered on its unified digital banking platform&period; The company has demonstrated consistent and sustainable growth&comma; exceeded financial goals while improving margins and operational efficiency&comma; and maintained best-in-class client satisfaction with an NPS of 94&period; Third-party research confirms client outcomes&colon; an independent study by 451 Research&comma; part of S&amp&semi;P Global Market Intelligence&comma; finds 145&percnt; ROI over five years and a 10&period;8-month payback period&period;<&sol;p>&NewLine;<p>The announcement builds on <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Flumindigital&period;com&percnt;2Fnews&percnt;2Flumin-digital-secures-160-million-in-growth-funding&percnt;2F&amp&semi;esheet&equals;54570377&amp&semi;newsitemid&equals;20260715678007&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Lumin&plus;Digital&percnt;27s&plus;&percnt;24170&plus;million&plus;growth&plus;equity&plus;round&amp&semi;index&equals;1&amp&semi;md5&equals;1eea0536bfe31d3570e8b4f1c49fc1fc" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Lumin Digital&&num;8217&semi;s &dollar;170 million growth equity round<&sol;a> completed in December 2024 and the <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Flumindigital&period;com&percnt;2Fnews&percnt;2Flumin-digital-clients-invest-over-75m-in-a-vote-of-confidence&percnt;2F&amp&semi;esheet&equals;54570377&amp&semi;newsitemid&equals;20260715678007&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;&percnt;2475&plus;million&plus;in&plus;client&plus;investment&amp&semi;index&equals;2&amp&semi;md5&equals;609958829c9a1980ef7d55fdc4097b1f" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">&dollar;75 million in client investment<&sol;a> announced in March 2025&period; The combination of these capital raises leaves Lumin with a strong balance sheet&comma; ensuring it can serve clients from a position of strength&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;ve built Lumin around a simple idea&colon; the financial institutions that depend on our platform should have a stake in it&comma;&&num;8221&semi; said Jeff Chambers&comma; founder and CEO of Lumin Digital&period; &&num;8220&semi;Fifteen more clients made that commitment in this round&comma; and Light Street doubled down on theirs&period; Together&comma; that tells us something&period; The people who know this company best&comma; our customers and our lead investor&comma; believe in where we&&num;8217&semi;re taking it&period; This capital accelerates Lumin&&num;8217&semi;s platform expansion already underway&comma; and we&&num;8217&semi;re doing it with a cap table built for the long term&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Lumin Digital’s commitment to serving banks and credit unions is unwavering&comma; fostering a client relationship that is truly unique among software vendors&comma;” said Kevin Sullivan&comma; Partner at Light Street Capital&period; &OpenCurlyDoubleQuote;We are proud to continue our support of Lumin&comma; in partnership with Clients&comma; to build the go-to cloud platform for financial institutions in the era of AI&period;”<&sol;p>&NewLine;<p>&&num;8220&semi;We are investing in Lumin Digital because we&&num;8217&semi;ve seen firsthand what the platform does for user growth and digital engagement&comma;” said Dave Larson&comma; Chief Executive Officer&comma; Affinity Plus&period; &OpenCurlyDoubleQuote;This is a company that has earned our trust&comma; and investing was a natural extension of a relationship already built on shared outcomes&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Lumin&&num;8217&semi;s client-investor model reflects a broader philosophy&colon; that the financial institutions best positioned to serve their members are those with a stake in the tools they use&period; By welcoming clients as investors&comma; Lumin continues to deepen the alignment that has defined its approach since its founding in 2016&period;<&sol;p>&NewLine;

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