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CU NextGen, a Wilmington, Del.-based CUSO providing technology to improve member services, announced Tuesday it had raised $9.25 million of capital from credit unions, exceeding its goal of $7 million.

Ten credit unions with $41.2 billion in assets and 2.5 million members from Phoenix to Atlanta invested in CU NextGen’s initial share offering. They are among the 70 owners of Members Development Company (MDC), a research and development CUSO and co-founder of CU NextGen.

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Jim DuPlessis

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