mutual fund investments with people working on charts and projections Source: Shutterstock.

Curql Fund, a credit union industry-focused venture capital fund, has invested $5.4 million in CU Railz, the CUSO of digital payments company Payrailz.

In announcing the investment last week, Payrailz said Curql and CU Railz share the same mission of helping give credit unions control over the technology that impacts them the most. Officials from Curql and its member credit unions will also play roles on CU Railz’ board of directors, allowing them to collaborate on the strategic direction of Payrailz’ payments platform, according to the company.

Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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