Nymbus has reached an agreement with Miami-based Pacific National Bank to provide its SmartLaunch technology platform for a digital-only bank that will initially serve Florida and later expand across the country, according to company officials.

"While the business benefits to innovate with a digital-only bank are clear, we needed a strategy to quickly build and operate the platform while staying fully committed to our established and loyal customer base," Pacific National Bank CEO Carlos Fernandez-Guzman said.

The SmartLaunch technology will provide the bank all the necessary tools to get the digital operation up and running in less than 90 days, according to the announcement.

Pacific National, based in Miami, is the 19th-largest bank in Florida, with $499 million in assets. Besides its main branch in Miami, the bank operates branches in Aventura and Coral Gables, Florida.