CUNA Mutual Group Fortifies Commitment to Digital Expansion by Acquiring CuneXus
Fintech Start-Up Offers Consumers One-Click, Personalized Online and Mobile Lending Experience
CUNA Mutual Group has announced it is expanding its digital capabilities by acquiring CuneXus. The award-winning California-based start-up firm provides financial institutions an all-in-one digital lending platform that offers consumers a quick, easy and personalized online and mobile lending experience.
CUNA Mutual Group became an early-stage investor in CuneXus through its venture capital entity, CMFG Ventures, LLC, in January 2017.
“We are continuing our journey into a more diverse, digital-first world,” said Robert N. Trunzo, president/CEO, CUNA Mutual Group. “Our company is committed to using technology to enhance consumers’ access to financial solutions that work for them and create a more equitable financial system and society. This is a top priority for all our core businesses.”
Trunzo added, “CuneXus is on a strong growth trajectory, and adding their expertise and product solution to our company portfolio allows us to maximize its growth potential and enhance our long-standing efforts to make a brighter financial future accessible to everyone.”
CuneXus provides a seamless lending experience across a variety of touchpoints, including digital and loan offers, online and mobile banking access, ‘click-to-accept’ loan functionalities and more.« RETURN TO ALL NEWS