Envisant, the business subsidiary of the Illinois Credit Union League, announced a groundbreaking partnership with Curql Collective opening the door for credit unions with assets above $100 million to jointly invest in transformative fintech. This collaboration addresses the increasing need for these credit unions to harness advanced technologies to remain competitive and relevant in a sector increasingly dominated by large banks and tech conglomerates.
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“We’re excited to bring credit unions this unique opportunity to engage with Curql Collective,” said Tom Kane, CEO of Envisant. “Curql Fund II creates an investment diversification strategy with incredible potential for credit unions to engage in Curql at a lower investment amount.”
By facilitating collective investment, this initiative gives credit unions within this asset range a seat at the table, empowering them to take ownership in the ecosystem that is fusing the future of credit unions and fintech. This move broadens their access to extensive product and service discounts in these emerging technologies and strengthens their ability to offer enhanced services to their members.
“This partnership with Envisant underscores our big tent mentality – ensuring inclusivity in fintech investments and allowing credit unions of diverse asset sizes to enter and leverage these cutting-edge technologies,” said Nick Evens, CEO of Curql Collective. “It’s a strategic step forward in leveling the playing field and giving credit unions big and small a voice in the future of how credit unions collaborate with each other and how fintech collaborates with the industry.”
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