Des Moines, IA (November 21, 2023) |
Curql, in partnership with gener8tor, a prominent startup accelerator and investment fund, unveiled its latest strategic initiative aimed at accelerating credit union innovation. Curql Accelerate powered by gener8tor is set to close the gap between credit unions and fintech pioneers. Startups building solutions ranging from member experience to transformative digital services will have access to tools and relationships across Curql’s credit union ecosystem. “Curql Accelerate directly advances our mission to bring fintech to credit unions by expanding the diversity and breadth of fintech founders within our ecosystem,” said Nick Evens, President & CEO of Curql Collective.
Five startups will be selected by a committee of credit union leaders for the inaugural program commencing in January 2024. Each startup selected will receive $100K in investment from Curql Fund I and a pathway to becoming a CUSO (Credit Union Service Organization), which is a required qualification to receive the investment. Access to tailored support, seasoned mentors, industry expertise, pilot opportunities, and potential investors are all key aspects of the program. The accelerator will leverage a hybrid format, meeting consistently in a virtual setting and more notably, working on-site at select progressive credit unions across the country. The deadline to apply for the inaugural cohort is November 26, 2023 and interested startups can submit an application here.
Curql has expanded its team specifically for this new program, bringing Managing Director Rowan Hume into the fold. Rowan brings over 4 years of experience running accelerator programs with gener8tor.
The inaugural Curql Accelerate powered by gener8tor program in the spring will be followed by a second program in the fall of 2024. For any questions regarding how to be considered for the program or those interested in learning about mentorship or partnership opportunities, please reach out to Rowan at rowan@gener8tor.com.