SPOKANE, Wash.—The Northwest Credit Union Association has introduced what it is calling a new technology marketplace to “connect Northwest credit unions to the brightest fintech startups” called “betaSpace.”
“Credit unions are ready for the fintech revolution,” said NWCUA President and CEO Troy Stang during the NWCUA’s Amplify Convention here. “Although some might not have the resources to develop new technologies internally or search out the latest innovations themselves, collectively as an Association we can find and vet the most promising fintech startups and connect them with our members through betaSpace.”
Startups selected for betaSpace will offer Northwest CUs access to their technologies at preferred prices, and is launching with two companies: LifeCounts and Profits4Purpose. LifeCounts is an online tool to help people manage their financial lives. Profits4Purpose helps institutions discover, track, and report their charitable work, including volunteerism, individual giving, and grant management.