Nymbus Announces the Formation of Nymbus CUSO With a Landmark $20M Investment by VyStar Credit Union
This Marks the Industry’s Largest-ever Fintech Funding Round Made on Behalf of a Credit Union
To break through barriers to growth by connecting credit unions with trusted fintech offerings that enable opportunities for generating new revenue streams while deepening connections and value to members.
Why it matters:
These partnerships forge the framework needed for credit unions to streamline innovation and deliver a seamless member experience.Read the Nymbus CUSO announcement
Read the VyStar funding announcement
“For those willing to traverse new paths and innovative new approaches, Nymbus CUSO moves past traditional vendor thinking to create supportive structures for credit unions ready to grow and reach new niche markets.”
Jeffery Kendall, Chairman and CEO of Nymbus
Inspire Federal Credit Union
With a focused and aggressive approach to relationship-based banking, Inspire recognized the need to compete against the larger regional credit unions and banks who were increasingly innovating with more modern, digital ﬁnancial services.
For more than 30 years, John Janclaes has successfully led strategic growth initiatives for financial services organizations, dedicating much of his career to the credit union movement. He is a highly regarded industry innovator, advocate and connector.
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