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Fintech incubator partnership launched. Source: Shutterstock.

Digital-lending fintech CuneXus built a new, real-time credit-monitoring tool for credit unions and other financial institutions that gives consumers and members the ability to monitor and compare their credit ratings from multiple bureaus. According to the announcement on Monday from CuneXus, this tool will help consumers find the best loan options and higher approval odds from financial institutions.

The Madison, Wis.-based CUNA Mutual Group acquired CuneXus, the fintech start-up based in Santa Rosa, Calif., in October 2020. The CuneXus platform uses a combination of a credit union’s member information and lending criteria, as well as member credit history, behavior and location to identify the best potential loan offers for members – with no application necessary.

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Michael Ogden

Editor-in-Chief for CU Times.

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