FinovateFall 2023 / Union Credit
Presenter Profile:
How they describe themselves: Union Credit is the first marketplace for credit unions to deliver firm credit approval and one-click loan activation to new members embedded within their daily activities. We give credit unions the ability to make convenient, firm credit offers outside of their existing lines of business, thus increasing their loan volume and elevating their brand nationwide. Placing credit unions at the forefront of the purchasing experience gives consumers an unparalleled borrowing experience, as a few clicks is all it takes to access funds from a nationwide network.
How they describe their product/innovation: Union Credit aggregates consumer data, such as credit bureau soft-pulls, and matches it with credit union field of membership, product, decisioning and underwriting details. Once the match is made, consumers will see loan offers embedded within their shopping experience with various merchants at the point-of-sale. This process will generate new members for credit unions, while delivering a more convenient shopping experience for consumers. If they choose to move forward with an offer, it only takes one-click to engage.
Product distribution strategy: Direct to Consumer (B2C), Through other fintech companies and platforms
Contacts:
Bus. Dev.: Joey Resnikoff (Director of Business Development), joey@unioncredit.app
Press: Samantha Wheeler (Account Representative), samantha@williammills.com