DES MOINES, Iowa — Curql Collective, which describes itself as a collective of credit unions jointly investing in fintech, has announced that Curql Fund II has surpassed yet another fundraise milestone: $150 million.
The fund, which opened for investments in September 2023, reached its $100 million milestone in April 2024, Curql said.
“In just four short months, continued strong interest has driven an additional $50 million in investments, with support from credit unions such as Abound, All In, Alloya, BankFund, Clark County, Everwise, First Mark, GESA, Great Lakes, Greater Iowa, In Touch, OneAZ, Service, SESLOC, Skyla, State Farm Federal Credit Union, TRUE Community and many more across the nation,” Curql said in a statement.
Fund is Recognized
In recognition of its impact, Curql Collective said it has been named Fintech Strategic Investment Capital Firm of the Year 2024 by Wealth & Finance International, which honors organizations that have made significant contributions to advancing financial services through innovation and collaboration.
Curql said it was recognized for its “unique ability to unite credit unions and fintech partners to create solutions that benefit credit union operations and credit union members.”
“The success of Curql Fund II is driven by the forward-thinking credit unions that recognize the importance of investing in technology. Their dedication to serving members is what truly powers our work,” President and CEO Nick Evens said in a statement.
Fund Still Open
Curql said the window to invest is still open for Curql Fund II, “offering credit unions a unique chance to join a collective of over 120 credit union investors that brings together industry leaders to help every credit union, big and small, compete with big banks and large fintech to remain relevant.”
For info: www.curql.com/credit-unions.