FintechAccel | CU is accepting applications for its second cohort of Fintech startups. FintechAccel | CU is US credit union industry’s innovation platform. Launched last year, FintechAccel | CU is said to have experienced “outstanding success” in its inaugural year.
FintechAccel | CU’s innovation platform seeks to increase engagement opportunities with Fintechs, scale new solutions faster, and create a unique advantage for participating credit unions. Current sponsoring participants of FintechAccel | CU are; Corning Credit Union, Gulf Winds Credit Union, Kemba Credit Union, KEMBA Financial Credit Union, Northrup Grumman Federal Credit Union, One Nevada Credit Union, Virginia Credit Union, and Connect Financial Software Solutions (ConnectFSS).
Kevin Pohmer, Managing Director of FintechAccel, stated:
“The need for innovation and digital customer experiences just went into warp speed due to the unforeseen situation that hit us in the first half of 2020, and FintechAccel |CU is the perfect platform for Credit Unions to find and partner with fintech startups to help them accelerate innovation.”
Startups who are accepted in the 2020 cohort will be invited to the FintechAccel |CU virtual one-day Fintech Showcase this November. The Showcase will include mentoring from Fintech advisors and will be given an opportunity to pitch to Credit Union industry leaders. The application process for fintech startups will begin on July 22, 2020, and conclude August 24, 2020.