Nymbus moving HQ as part of collab with VyStar CU

Nymbus has moved its corporate headquarters to Jacksonville, Fla., to be closer to a large credit union that led a major investment in the technology company earlier this year.

Nymbus said in a press release Tuesday that the move from Miami reflects its collaboration with VyStar Credit Union. VyStar, which invested $20 million in the Nymbus CUSO, is also working with the tech company on online and mobile banking platforms. 

Nymbus plans to bring 600 jobs to the area over time.

The move “represents a new partnership model that takes an excitingly progressive approach to vendor collaboration and accountability,” Anne Miela, Nymbus’ chief operations officer, said in the release. 

“Our teams are now afforded the opportunity to truly innovate alongside one another in a region that is experiencing substantial growth as a financial services and fintech hub,” Miela added.