CYPRESS, Texas–Janusea, a fintech that provides an integration platform that connects credit unions with other fintech solutions, said it has received an investment from Wichita, Kan.-based Meritrust Credit Union.
The size of the investment was not disclosed.
“This collaboration will bolster Janusea’s connections with core systems, expand its network of community financial institutions, and grow the platform’s ecosystem of software providers,” Janusea said in a statement.
The company said its seamless financial technology for integrations restores vendor choice for CFIs, and a “accelerates value through quick integration.”
The $1.9-billion Meritrust said it is looking to utilize Janusea’s platform to streamline internal processes, replace expensive and complicated on-prem middleware, and enhance member services.
Seeking Efficiencies
“Like many financial institutions, we are dedicated to innovation and efficiency. With technology products quickly becoming outdated, launching new solutions takes significant time,” Meritrust SVP/CIO Cliff Shoff said in a statement. “Janusea’s platform answers our integration challenges and realigns our focus on providing members with optimal service across any channel they prefer.”