Curql Collective Forms First Fintech Accelerator Cohort
Des Moines (February 7, 2024) – While serving as the on-ramp to fintech collaboration and innovation for credit unions, Curql Collective has taken a definitive step in accelerating that innovation among fintech startups. The Collective has just announced its creation of the first Curql Accelerate cohort of five fintech companies: Casap, Peacefully, Privacy Lock, Ranqx, and Spiral. Curql Accelerate will support the growth of each of these pioneering startups participating in the cohort.
The inaugural Curql Accelerate cohort is powered by gener8tor, a nationally ranked investment fund and accelerator that brings together startup founders, investors, and other organizations across various industries. Specializing in high-growth startups, gener8tor has managed more than 250 accelerator cohorts. Alumni have raised more than $1.86 billion in follow-on funds and have created more than 10,000 jobs to bring about transformative change and collaboration across more than 40 communities.
Each of the five fintech startups within the cohort will engage in 12 weeks of concierge, mentorship-based programming. The participating fintech companies will also receive a $100,000 investment and benefit from additional support, such as access to deep credit union industry connections and a network of mentors, technologists, and more.
With Curql Accelerate, credit unions engage throughout the process in a variety of ways. In addition to those who participated on the cohort selection committee, credit unions will host on-site programming for the cohort fintech, including Michigan State University Federal Credit Union, Washington State Employees Credit Union, and VyStar Credit Union. These events will be complemented by additional virtual programming throughout the accelerator.
“This cohort represents not just an investment by credit unions but also an unprecedented level of enthusiasm within credit unions for the types of innovative solutions these startups bring to the table for the entire industry,” said Curql Collective CEO Nick Evens.
About Curql Collective
Curql Collective is a collaborative ecosystem of progressive credit unions and innovative fintech. Through a family of funds, including Curql Fund I, Curql Fund II, and Curql Accelerate, Curql strategically invests in the visions of entrepreneurs to bring transformative technology to credit unions to revolutionize how credit union members engage with financial services in the digital age. As the on-ramp to fintech collaboration and innovation, Curql connects credit unions with the future of the credit union industry. For more information, please visit www.curql.com.
gener8tor is a global venture firm and accelerator network that supports startups, workers, employers, artists and musicians across race, place and gender. gener8tor partners with corporations, governments, universities and nonprofits to operate accelerator programs and conferences in 44 communities across 22 states and two countries. Fast Company named gener8tor one of the Best Workplaces for Innovators in 2021 and 2022. The International Trade Council recognized gener8tor as the Global Venture Capital Firm of the Year in 2022 and was also recognized as an Inc. Magazine 2023 Best in Business and 2023 Power Partner.