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Bankjoy Secures Funding From Curql Collective, Three CUs

The investment in the digital banking platform provider follows five other recent partnerships for the CUSO.

Investing in fintech. Investing in fintech. (Source: Shutterstock)

The Detroit-based digital banking platform provider Bankjoy secured funding from Curql Collective as well as three of its current and prospective credit union clients, Bankjoy announced Monday.

The three credit unions to participate in the investment round were: AEA Federal Credit Union ($360 million, Yuma, Ariz.), CommunityWide Federal Credit Union ($735 million, South Bend, Ind.) and Statewide Federal Credit Union ($170 million, Flowood, Miss.). Bankjoy did not reveal the total dollar amount of the investment round, or the specific amounts contributed by the three credit unions or Curql, a CUSO that raises capital for fintechs.

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Natasha Chilingerian

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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