With great regret and a heavy heart, we announce the closure of Envel. Our mission to create a cutting-edge digital banking platform has ended. We extend our deepest gratitude to all of you for your unwavering support throughout this remarkable journey.
Envel, with your invaluable support, succeeded in providing a powerful and efficient banking system that aided countless individuals in achieving their financial aspirations. The positive feedback from our user community reinforced the impact and effectiveness of the Envel system.
Despite our product and community, we faced a significant challenge in building a substantial and engaged user base that could sustain our operations financially. As the capital markets abruptly tightened their grip in 2022, we also encountered obstacles in securing the necessary capital to continue.
While we recognize the disappointment and inconvenience this news may cause, we assure you that your satisfaction and well-being remain our top priorities. If you require assistance with your Envel account, please direct your inquiries to envel@nbkc.com.
We appreciate your support and active participation on this incredible journey. The stories of how Envel made a difference in the financial lives of so many are heart-touching. Unfortunately, Envel has reached its final destination.
Thank you for being a part of the Envel community.