ModernFi CUSO Secures $9 Million in Funding to Revolutionize Credit Union Services

We are excited to announce that ModernFi CUSO has successfully raised $9 million in funding, a significant milestone that underscores our commitment to empowering credit unions of all sizes. This funding will play a transformative role in augmenting our suite of financial solutions designed to help credit unions increase their deposits, enhance member insurance offerings, source funding on demand, and efficiently manage their balance sheets. ModernFi CUSO stands at the forefront of innovation in the credit union sector, backed by an impressive coalition of investors including Curql Collective, Members Development Company, Canapi Ventures, and prominent firms like Andreessen Horowitz and Corporate One, among others. With this substantial financial boost, we will continue to invest in technology and resources that equip our partners with the tools they need to thrive in an increasingly competitive landscape. Our goal is to help credit unions not just survive, but flourish by providing them with scalable, secure solutions that drive growth and member satisfaction. As we embark on this exciting new chapter, we remain dedicated to our mission of fostering a collaborative ecosystem where credit unions can access vital resources and strategies that elevate their operational capabilities. For more details about our funding and its implications, we invite you to explore the disclosures available on the ModernFi website. Thank you to all our partners and supporters for believing in our vision and for propelling us forward on this journey.