We’re excited to announce that today, Narmi has powered Grasshopper Bank to become the first U.S. bank to launch a Model Context Protocol (MCP) server for enabling AI-driven insights. Grasshopper customers can now safely and securely connect their account to Anthropic's Claude LLM and receive detailed responses to questions like: ◾ "What's my checking account balance?" ◾ "Can you categorize my top 10 recurring vendors?” ◾ "What expenses could I reduce to improve margins next quarter?" "We don't see AI as a trend – it’s innovation that can directly address the unique needs of community banks and credit unions," said Chris Griffin, co-founder of Narmi. "This integration represents the first time bank customers can analyze their financial data through an LLM like Claude, making banking as intuitive as asking a question. "It's exactly the kind of innovation that helps our banking partners compete with the biggest names in finance." Read the full press release here: https://bit.ly/3HGkNHM
About us
Narmi offers state of the art digital banking and digital account opening platforms to financial institutions. The platform – built for the enterprise – allows financial institutions to open accounts in less than 2.5 minutes, and then grow that relationship over a lifetime through intuitive mobile and online channels. Every single product at Narmi integrates with leading core banking systems. Financial institutions using Narmi have experienced: - 20% increase in NPS - 55% increase in new account applications from non-account holders - 50% decrease in support volume - 63% improvement in support response time - 137% increase in app store rating - 65% Reduction in time from application start to application submission Narmi’s founding team previously served as leaders of a financial institution and quickly became frustrated by digital technology available to them. Today, Narmi is almost entirely headquartered in New York City and is focused on building lasting digital experiences for financial institutions.
- Website
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https://www.narmi.com/
External link for Narmi
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2016
Locations
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Primary
Get directions
3 E 28th St
Floor 12
New York, NY 10016, US
Employees at Narmi
Updates
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Last month, Narmi returned to La Jolla, San Diego for our annual Innovators Retreat sessions, where we host our peers across all corners of the community banking world for a series of discussions on what’s next for the industry. This year was the biggest Innovators Retreat yet, with dozens of participants coming in from all corners of the country for two days of discussion, knowledge sharing, networking, and scenic oceanside views. For a full recap of Fall Innovators Retreat 2025, read our latest blog: https://lnkd.in/eHFpTXfb
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"The launch represents a sea change in how Americans will bank; in addition to their curated digital presences, financial institutions can now begin to allow their customers and members to have in-depth, conversational banking experiences, and a new 'home base' for banking insights and activity. Read our latest blog: https://bit.ly/46J3GPs
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“Our mission is to help community financial institutions have better technology than mega-banks and FinTechs,” said Nikhil Lakhanpal, Co-Founder of Narmi. “Successfully implementing across such a wide range of cores, products, and financial institutions in a single quarter is a testament to the breadth and precision of Narmi's implementation processes." Read the full press release: https://bit.ly/4mZ3kcd
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Credit unions face a dual challenge: driving loan and deposit growth, while keeping up with rising digital expectations from members. On Thursday, October 16, join us for a session bringing together leaders from Corelation, Inc., Narmi, and Orion Financial to discuss the latest in lending, including: ◾ Strategies that help credit unions grow loans more efficiently ◾ Identifying cross-sell and upsell opportunities to boost deposits ◾ A live walkthrough of our Narmi Lend platform in action Register: https://bit.ly/46QGlKa
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We’re proud to announce the launch of a series of AI-powered capabilities built to help community banks and credit unions strengthen customer relationships, improve staff efficiency, and accelerate deposit growth. These capabilities bring the power of AI directly into everyday banking experiences, with a focus on primacy, efficiency, and growth, while upholding the highest standards of security and governance. Read the full announcement here: https://lnkd.in/eZSHmxg6
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Narmi reposted this
Another excellent retreat put on by our partners at Narmi. Great rounds of discussions on all topics around deposit growth through digital account opening and how they are constantly improving for our institution and customers.
Day 2 of Innovators Retreat is underway! Yesterday, we capped things off with a series of breakout sessions on what's top of mind for banking, from fraud, business banking and deposit growth. A special thanks to all of our attendees, and we're exciting to cap things off with a beautiful day in La Jolla!
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Day 2 of Innovators Retreat is underway! Yesterday, we capped things off with a series of breakout sessions on what's top of mind for banking, from fraud, business banking and deposit growth. A special thanks to all of our attendees, and we're exciting to cap things off with a beautiful day in La Jolla!
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"'Businesses are not going to stay in a bank’s neatly walled-off garden; it’s impossible,' Narmi Co-Founder Chris Griffin said. 'They’re going to use other tools, and our goal is make those other tools accessible through the bank’s MCP.' "This approach also has the potential to help community banks better compete with — and even leapfrog — fintech competitors whose apps and SaaS tools have long held a customer experience edge." Read more in The Financial Brand on Narmi and Grasshopper Bank's groundbreaking MCP Server launch: https://lnkd.in/ed7VsheJ