Plano, Texas-based startup Alkami Technology has raised $70 million for its mobile banking platform, it was reported yesterday.

Alkami, which provides white-labeled solutions for banks and credit unions to implement across their digital and mobile platforms, was started in 2009 because there “wasn’t a lot of innovation that was happening in the digital banking space,” company founder Stephen Bohanon told TechCrunch.

The SaaS company charges its clients based on their number of users per month; 4.5 million banking customers use its platform, according to reports.

This $70 million round, led by General Atlantic, brings the company’s total equity to over $116 million, according to data from CrunchBase.

Alkami demoed its platform during the BAI Retail Delivery conference in 2015. Take a look at its demo below:

Read more at PYMNTs, TechCrunch, and CrunchBase.

Learn more about mobile banking at Bank Innovation 2018 in San Francisco on March 5-6. Request your invitation here.