X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Using artificial intelligence to connect with younger generations. Source: Shutterstock.

VyStar Credit Union has joined with a bank and a venture capital firm to invest $18 million in Zest AI, a Los Angeles-based developer of software for credit underwriting.

Zest AI announced the capital injection Thursday, which it said was led by strategic investors VyStar CU of Jacksonville, Fla. ($10.7 billion in assets, 764,701 members) and First National Bank of Omaha, which has $25.5 billion in assets and 119 branches in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas. Also contributing was returning investor Northgate Capital, a San Francisco based venture capital company.

Jim DuPlessis

A journalist for decades.

More from this author

Dig Deeper

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.