Joint Payrailz®, Credit Union CUSO, CU Railz®, Builds Momentum, Growing to 13 Members, Raises $15M
Summary
CU Railz members also serve as strategic partners in the development of new payment technologies and experiences that help them compete in today’s highly competitive banking environment. Coming together with other organizations that share the same goals and values is not only encouraging, but empowering,” said David Faleski, SVP and CIO of Coastal Credit Union. Moreover, as a result of the strong demand to join the CUSO, the CU Railz Board also voted to extend the investor opportunity to other credit unions. “I am honored to represent CU Railz and this amazing group of thought leading credit unions on the Payrailz Board of Directors,” commented Carew. Even in the face of a pandemic, the CUSO has grown tremendously and connected us with some incredible credit union partners that share our vision for smarter and more engaging payments experiences,” said Fran Duggan, CEO of Payrailz.
Funding
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