FT Partners Served as Financial Advisor to Lumin on its $115,000,000 Financing
Overview of Transaction
- On July 15, 2026, Lumin Digital, the Compounding Growth Platform for banks and credit unions, announced more than $70 million in new investment from clients of the Company; this follows a recent $45 million growth equity financing led by Light Street Capital, totaling more than $115 million in fresh capital for the business
- Founded in 2016 by Jeff Chambers, Lumin enables credit unions and banks to deliver a differentiated user experience that accelerates user growth and increases customer loyalty
- The Company provides a complete set of digital banking applications through microservices built on a cloud-native, single-tenant architecture
Significance of Transaction
- The new funding will support Lumin's continued innovation roadmap, accelerating advancements in AI, payments, CRM, lending, and other high-impact product expansion categories on its unified digital banking platform
- The Company has demonstrated consistent and sustainable growth, exceeded financial goals while improving margins and operational efficiency, and maintained best-in-class client satisfaction with an NPS of 94
- The investment reflects continued confidence in the Company’s vision, execution, and long-term growth, with a growing number of clients choosing to invest alongside existing shareholders as Lumin expands its market presence and platform capabilities
FT Partners' Role
- FT Partners served as the exclusive financial and strategic advisor to Lumin Digital on this equity financing
- FT Partners also served as financial advisor to Lumin Digital on its previous capital raises, helping the Company raise ~$360 million of total capital
- This transaction highlights FT Partners’ deep domain expertise in the Banking Technology space as well as its successful track record generating highly favorable outcomes for leading FinTech companies globally