Texas-based Alkami, a cloud-based digital banking technology vendor has raised $140 million in a funding round led by D1 Capital Partners. Joining in this round were Fidelity Management & Research, Franklin Templeton, and Stockbridge Investor.

The company claims over 160 bank and credit union clients, serving nearly 10 million customers, for its digital platform.

"We inspire and power the digital strategies of financial institutions as they seek to grow confidently and build thriving digital communities," Mike Hansen, CEO, Alkami, said. "Our clients are among the best performing and fastest growing FIs in the country, in part due to the strength and velocity of our platform, solutions and ecosystem."