SAN ANTONIO—RAI Partners, a CUSO that offers fintech financial solutions for credit unions, has launched its new platform.
"Our platform serves as a one-stop-shop, enabling clients to harness the power of data and technology," said Ed Preuss, CEO of RAI Partners. "By offering a wide array of financial tools and services, clients can leverage their balance sheets, grow their loan books, access custom products, and build innovative, differentiated offerings that their customers love."
RAI Partners said it specializes in building branded credit cards, installment loans and structured lending vehicles for its clients. The company designs products that can serve over 95% of consumers, not just prime and super-prime borrowers, it added.
The company asserted its new platform marks a significant advancement for credit unions and community banks by addressing “industry limitations,” offering a wide range of data-driven financial tools.
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