Strategic Fintech Investing for Credit Unions

On this episode, host Vince Passione is joined by Nick Evens, President and CEO of Curql Collective, to discuss the unique model bringing fintech and credit unions together through strategic investing. Curql takes a unique approach to facilitate collaboration between credit unions and fintech startups.Key Takeaways:(00:34) Curql invests in fintechs on behalf of credit unions. (04:49) Curql helps educate fund managers on credit unions. It keeps fintechs and credit unions connected.(08:55) Credit unions can only invest in fintechs structured as CUSOs. Many fintechs become CUSOs to work with credit unions.(14:04) Curql aims to help modernize regulations so credit unions can more easily work with fintechs.(16:39) Curql Fund 1 is diversified across stages and company maturity to manage risk.(22:15) A strategic investor can have a stronger voice on fintech boards than financial investors.(29:01) Curql ensures fintech acquisitions like Payrails will benefit credit unions before approving a sale.Resources Mentioned:Nick Evens -https://www.linkedin.com/in/nick-evens-76b75316/Curql Collective | LinkedIn -https://www.linkedin.com/company/curql/Curql | Website -https://www.curql.com/Thanks for listening to the 22 Minutes in Lending podcast. If you enjoyed this episode, please leave a 5-star review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CreditUnions #Lending #Fintech

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