Investing in fintech. (Source: Shutterstock)
VyStar Credit Union ($12.3 billion, Jacksonville, Fla.), BCU ($5.4 billion, Vernon Hills, Ill.) and Reseda Group, a wholly-owned CUSO of the $6.8 billion, East Lansing, Mich.-based MSU Federal Credit Union, participated in a new round of funding for AKUVO, the fintech organization announced Wednesday.
AKUVO, which is based in Malvern, Pa., and specializes in credit risk and delinquency management products and consulting services, said the investment will be used to further develop Aperture, its delinquency management and portfolio analytics platform. The financial terms of the investment were not disclosed.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
