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CUneXus named on American Banker and BAI’s FinTech Forward “Companies to Watch” list for 2016

1-click consumer lending technology wows bankers at Fintech summit

SANTA ROSA, CA (October 5, 2016)CUneXus Solutions, a leader in pre-screened, “click to accept” lending technology, has been recognized by American Banker and BAI as a FinTech Forward company. A list released today announced CUneXus as one of just twenty “Fintech Companies to Watch” for 2016 from global financial technology leaders. This annual collaboration between American Banker and BAI, brings together research, media, and events to highlight leading companies motivating the financial industry’s investment in technology.

“This recognition by American Banker and BAI is a testament to the value that our 1-click consumer lending technology brings to the banking industry,” said Dave Buerger, co-founder and CEO of CUneXus. “Banks and credit unions are using our application-free pre-screened lending technology to grow their loan portfolios, compete with emerging technologies, and deliver an unparalleled customer experience.”

CUneXus’ comprehensive pre-screened lending technology–cplXpress–uses a financial institution’s underwriting guidelines to determine each customer’s borrowing capacity for different types of loan products. Loan offers are then tailored to each qualified customer with pre-approved amounts, interest rates and loan terms. Multiple loan offers are then displayed through many channels–including online and mobile banking–where acceptance is only a click away, and no application or office visit is required.

This “push” approach to loan origination has been embraced by dozens of banks and credit unions choosing to offer more personalized services, with greater transparency, convenience and purchasing power for their customers. The lender’s ability to make individual, pre-approved loan offers available when and where the customer needs them has lead to more than $500 million in loans generated. CUneXus, which has received $6 million in strategic and venture funding in 2016, has also announced partnerships with the likes of financial service leaders Harland Clarke, Digital Insight, and MeridianLink; and automotive information leader Edmunds.com.


About CUneXus

CuneXus is focused on data-driven application-free lending that helps financial institutions optimize operational efficiency and customer experience. Its pioneering technologies are at the forefront of the transition to a new era of customer empowerment through on-demand lending and borrowing. With more than 130 of the nation’s largest credit unions and community banks as clients, CuneXus has generated tens of billions of dollars in consumer loan volume by bringing transparent borrowing experiences to over 17 million consumers in every major U.S. market. Among its numerous accolades the company has been recognized as one of just ten startups to watch on KPMG’s global report of “The 50 Best Fintech Innovators;” named the winner of the “Best Consumer Lending Company” in the 2020 Fintech Breakthrough Awards; named the winner of the Callahan & Associates 2019 “Innovation in Lending” award, and named “Top Emerging Technology Company” at the 2019 LendIt Fintech Industry Awards . Visit www.cunexus.com for more information.

Contacts

Media Contact:
Michael Ingalls
PenVine for TransUnion
(917) 494-4909 | michael@penvine.com

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