Constellation Digital Partners nabs $500k for credit union digital platform
Summary
RALEIGH – Constellation Digital Partners has received a new investment of $500,000 from Catalyst Corporate Federal Credit Union. The platform makes it possible for credit unions to access resources needed to provide the digital services members want. Since Constellation’s inception, Catalyst Corporate – which serves 1,400 credit unions nationwide – said it has been involved and closely monitoring the onboarding of its investors and partners. “Working together with fintech developers on an open development platform allows credit unions to overcome many of the constraints faced in the past on competitors’ legacy technology systems,” said Constellation CEO Kathy Garner in a statement. TranzCapture was built from the ground up to integrate easily, and it aligns well with the Constellation platform.” Constellation not only offers Catalyst Corporate a new way to deliver existing services, but also an additional channel for delivering new services, Garner said.
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