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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 been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.

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