Envisant, a leading credit union service organization (CUSO), is pleased to announce its first collaborative investment in Curql Fund II, a collective of credit unions jointly investing in fintech. Twelve credit unions have made CUSO investments in Envisant ranging from $100,000 to $500,000, which have been aggregated into a single $2 million commitment to Curql.
“We're thrilled with the response to our program for credit unions to engage in Curql Fund through an investment in Envisant,” said CEO Tom Kane. “This first group of investors demonstrates the strong interest in engaging with Curql through our unique aggregation model. By connecting with Curql through Envisant, credit unions under $1 billion in assets can get access to the benefits of Curql with a smaller outlay than a direct investment in Curql.”
Investing in the Future of Credit Unions
Credit unions with assets above $100 million and under $1 billion can enter Curql Fund II through an investment in Envisant. This strategic partnership unlocks a multitude of benefits for participating credit unions, including:
· Product and service discounts on over 40 fintech solutions.
· De-risking CUSO investments through a mutual approach
· A voice in fintech companies and product direction
· Vetted fintech who have undergone thorough due diligence
· Access to the Curql Portal, a comprehensive resource hub for exploring and evaluating fintech partners.
JOIN THE MOVEMENT! Fund Participation Continues Through First Quarter of 2025
The window to invest in Curql Fund II is still open. Credit unions interested in learning more can register for an upcoming webinar by clicking here or reach out to Envisant at [email protected].
Watch 3 Questions with Envisant’s Tom Kane and Libby Calderone
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About Envisant
Envisant is the service corporation for the Illinois Credit Union League and features credit, debit and ATM programs, prepaid debit cards, portfolio development consulting, agent credit card programs, and collection services. Get to know us at www.envisant.com.
About Curql Collective
Curql Collective is a collaborative ecosystem of progressive credit unions and innovative fintech. Through a family of funds including Curql Fund I, Curql Fund II, and Curql Accelerate, Curql strategically invests in the visions of entrepreneurs to bring transformative technology to credit unions to revolutionize how credit union members engage with financial services in the digital age. As the on-ramp to fintech collaboration and innovation, Curql connects credit unions with the future of the credit union industry. For more information, please visit www.curql.com.
