QCash and ModusBox to automate connection to Life Event Loan decision engine for credit unions via PortX platform

OLYMPIA, WA (February 23, 2022) — QCash is excited to announce its newest partnership with ModusBox, the financial infrastructure and integration technology company that developed PortX. PortX is the Integration-Platform-as-a-Service (IPaaS) that enables financial institutions to accelerate innovation by eliminating the dependency on banking core vendors. The platform’s API technology simplifies the integration process, enabling credit unions to add new member services and fintech solutions in a fraction of the time. With this partnership, any credit union can instantly “turn on” QCash’s Life Event Loan decision engine.

The QCash Life Event Loan origination platform evaluates a member’s relationship with their credit union instead of using traditional credit scores to approve small dollar loans. Additionally, QCash’s lending qualifies for CDFI (Community Development Financial Institutions) grant funds, specifically loan loss reserves and technical assistance. By partnering with ModusBox, QCash seeks to accelerate access to and distribution of CDFI funds for credit unions and their members. Combining QCash’s proprietary technology with the rapid integration capabilities of PortX will increase speed to market for credit unions, fueling vibrant economic growth for communities.

“QCash is ultra-focused on delivering critical access to funds for those who truly need it – making it an ideal partner aligned with our mission to enable financially inclusive member services,” said David Wexler, CEO of ModusBox. “One in four Americans either don’t have a bank account, lack the credit history to gain access, or turn to predatory and expensive alternatives like payday loans and check-cashing schemes. I believe that using technology to create automated integrations to the banking core will help CUs speed up the implementation of inclusive member services, like QCash, that serve the underserved.”

“Partnering with ModusBox will allow QCash to even better serve credit unions and help them accomplish their mission of helping their members” said Seth Brickman, CEO, QCash Financial. “The ability to help members in their actual time of need and going from clicking a link to funds in their account in under 60 seconds all without using credit score is only possible with strong technology partners like ModusBox”

About QCash Financial CUSO

QCash Financial, headquartered in Olympia, WA, is a purpose-driven fintech firm with a mission of empowering financial institutions in their quest to improve the financial well-being of their communities. The QCash platform is the best tool for advancing financial inclusion and access for credit union members.

About ModusBox

ModusBox is a financial services technology company focused on open banking solutions that unlock access to banking core data, eliminate vendor dependencies, and enable embedded banking services. We help financial institutions empower their teams to connect to real-time payment networks like Zelle®, Mojaloop, ACH, Fedwire, and others. Our solutions enable interoperability between online banking, credit checks, mortgage and loan applications, and other internal systems and member services, allowing for a timely and accurate view of customer data. For more information, please visit


Jennifer Matthews
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