# Bankjoy: Banking, Royal Oak, United States

> Bankjoy: Bankjoy is a Black-owned FinTech startup founded in 2015 and backed by Y Combinator. Based in Royal Oak, United States. Founded 2015.

Source: https://millionrounds.com/startup/bankjoy (Millionrounds; every figure on the page links to its filing or article)

United States · [Banking startup](https://millionrounds.com/companies)

# Bankjoy

Bankjoy is a Black-owned FinTech startup founded in 2015 and backed by Y Combinator.

Funding reported Last round: Venture (Round not Specified)

Banking Royal Oak, United States

Company summary

- **Founded:** 2015 11 years old
- **Team:** 70 51 to 200 people
- **Funding reported:** $14M in dollars
- **Last round:** Venture (Round not Specified) Mar 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Bankjoy has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Bankjoy

Bankjoy is a Black-owned FinTech startup founded in 2015 and backed by Y Combinator.

Based in Royal Oak, Michigan, the company specializes in providing digital banking solutions tailored for community banks and credit unions. With a mission to enhance American banking infrastructure, Bankjoy enables these institutions to adopt modern, tech-driven operations that can compete with larger financial entities. The company offers a comprehensive suite of digital banking software and services, including mobile and online banking platforms, online account opening, loan origination, and digital document management. Bankjoy also features a conversational AI chatbot named "Joy" to improve member interactions and provides a proprietary Banking API for seamless integration with third-party FinTech software. With a focus on consumer-tested solutions, Bankjoy has served over one million members, helping community banks and credit unions modernize their digital customer experiences.

## What company datasets say Bankjoy raised

Funding, as reported

Reported in all **$14M** in dollars

Rounds **6**

Last round **Venture (Round not Specified)**

Last round date **Mar 2023**

Investors listed **4**

Y Combinator **W15**

## Founders and team

From Bankjoy's own website: 2 founders, 7 on the team.

**Mike Duncan** Founder & CEO

**Weiwei Duncan** Founder & COO

- **Brent VanderMeide** VP of Platform
- **Jose Cisneros** Head of Client Success
- **Megan Coupar Harris** Head of Marketing
- **David Adsit** Sr Director of Engineering
- **Liz Winkler** Senior Director of Sales
- **Mark Reck** Director of Implementation
- **Tarek Kawach** Technical Support Manager

## On 4 portfolio pages

Investors who name them

- [Open Opportunity Fund](https://millionrounds.com/fund/open-opportunity-fund)
- [SixThirty](https://millionrounds.com/fund/sixthirty)
- [Next Level Ventures](https://millionrounds.com/fund/next-level-ventures)
- [Curql](https://millionrounds.com/fund/curql)

Each firm lists Bankjoy on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

security user experience ai chatbot service consumers customer engagement banking api angular online account opening mobile banking integrated platform information technology & services online banking features commercial banking financial services mobile app

Built with from their website

GitHub Actions Apache Pig Zendesk Git Adobe CloudFlare CDN Google Tag Manager Amazon CloudFront Google Hosted Libraries cdnjs

+8 more

React Hotjar Google Font API Jetpack ANS HSTS Salesforce CRM Analytics Atlassian

- **Sector:** Banking
- **Industry code:** NAICS 52211, 51321, SIC 7375, 7372
- **Region:** Michigan
- **Revenue:** $4.4M a year, as listed

## Banking in United States

Startups like it

- [**Erebor** Columbus *Raised*](https://millionrounds.com/company/erebor)
- [**Relay** San Francisco · founded 2021 *Raised*](https://millionrounds.com/company/relay)
- [**Nymbus** Jacksonville · founded 2015 *Raised*](https://millionrounds.com/company/nymbus)
- [**Fintiv** Austin · founded 2018](https://millionrounds.com/startup/fintiv)
- [**Grasshopper Bank** New York · founded 2019](https://millionrounds.com/startup/grasshopper-bank-2)
- [**Harris Bank** Chicago](https://millionrounds.com/startup/harris-bank)
- [**Thread Bank** Brentwood](https://millionrounds.com/startup/thread-bank)
- [**Found** San Francisco · founded 2019](https://millionrounds.com/startup/found-5)

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