Curql, a collective of credit unions jointly investing in fintech, announced that Curql Fund II has surpassed $300 million in capital raised from 83 progressive credit unions nationwide. With the fund set to close at the end of July, credit unions now face their final opportunity to participate in a movement transforming the financial services landscape, led by credit unions, for credit unions.
Curql Fund I brought 64 credit unions together to invest $254 million, ultimately backing 38 fintech companies. And Curql Fund II has already surpassed those milestones. And with greater capital and more credit unions aligned, the number of transformative fintech solutions in the portfolio is expected to grow significantly.
So far, Curql investors have unlocked about $12 million in savings through negotiated fintech discounts, exclusive pricing, and early-access opportunities. And with a broader portfolio expected through Fund II, the collective value of discounts and strategic benefits is anticipated to expand even further.
Curql Fund II provides credit unions with:
— Direct access to a growing pipeline of fintech solutions aligned with credit union needs
— Savings through preferred pricing agreements across the portfolio
— A seat at the table for helping shape the future of financial technology alongside other credit union leaders
— Ownership stake in the only credit union-focused fintech fund of its kind
KEY QUOTE:
“This is about more than just investment — it’s about positioning credit unions to shape the future of fintech on their terms. Credit unions that join Curql Fund II are joining a movement to drive smarter, more relevant and member-centric innovation across the industry.”
Nick Evens, President & CEO of Curql Collective
