Search Results for "Coop"
8 results for "Coop"
Deals 8
Lenders Cooperative and Ventures Lending Technologies Announce Merger
Lenders Cooperative and Ventures Lending Technologies announced a merger on December 17, 2024, combining their lending technology platforms. The deal aims to create a more comprehensive embedded lending infrastructure for community banks and credit unions. The merger was completed in February 2025.
additiv Powers Coop Finance+ Superapp with Embedded Banking Services
additiv enabled the launch of Coop's Finance+ superapp, embedding banking services, payment transactions, and pension solutions into the retailer's ecosystem. The API-first cloud platform orchestrates services from partner banks including Hypothekarbank Lenzburg. This represents a significant embedded finance deployment in European retail.
Lenders Cooperative Launches as Client-Owned Platform for Community Banks
Summit Technology Group and its banking clients launched Lenders Cooperative as a standalone platform serving over 140 community banking institutions. The cooperative provides loan origination software, credit underwriting, SBA support, bank operations, and white-label call center services. Its unique model offers equity ownership to financial services clients, making them both customers and owners.
i2c Partners with Connect Financial, Miq, Plastk, and Viva Equity
i2c Inc. announced partnerships with fintechs Connect Financial, Miq, Plastk, and Viva Equity to provide white-label banking and payment technology. The platform offers APIs, fraud management, rewards, and card issuance for debit, prepaid, and lending products. These collaborations enable crypto-backed wallets, cooperative funds, and embedded finance services for underserved markets.
Affinity Plus Launches Bank Dora, First Credit Union-Based Neobank App
Affinity Plus Federal Credit Union launched Bank Dora Financial on September 28, 2021, as the nation's first credit union-based neobank app. The digital-only banking cooperative specifically targets low-to-moderate income individuals underserved by traditional banking. The launch represents a new model for credit unions entering the embedded finance space.
HKMA and Central Bank of Brazil Sign Fintech Cooperation Agreement
The Hong Kong Monetary Authority and the Central Bank of Brazil signed a fintech cooperation agreement to share innovation insights and referrals. The agreement supports cross-border fintech collaboration between the two jurisdictions. It reflects growing international regulatory cooperation around fintech and embedded finance innovation.
SARB and Seven Banks Test DLT Wholesale Payments in Project Khokha
The South African Reserve Bank published the results of Project Khokha, a 14-week proof-of-concept testing distributed ledger technology for interbank wholesale payments using tokenized rand. Seven major South African banks participated alongside ConsenSys and PwC. The project demonstrated feasibility with transaction speeds up to 400,000 tx/sec, marking a milestone for central bank-fintech collaboration in Africa.
MAS and Maharashtra Sign MoU for Fintech Cooperation
The Monetary Authority of Singapore (MAS) and the Government of Maharashtra signed a Memorandum of Understanding for closer fintech cooperation. The agreement aims to facilitate cross-border collaboration on fintech innovation, potentially including banking and financial services technology. It reflects growing international regulatory interest in supporting fintech-bank ecosystems.