CuneXus publishes the year of the banner in 2020
The acquisition by CUNA Mutual in October 2020 marked the culmination of years of determination and hard work. I am so proud of the CuneXus team. We are delighted to join the CUNA Mutual family and look forward to a bright future together.
SANTA ROSA, Calif. (PRWEB)
January 27, 2021
CuneXus, a leader in consumer loan automation and a pioneer in perpetual loan approval ™, had a banner year in 2020 as the company was acquired by CUNA Mutual Group and attracted a record number of new clients of financial institutions, representing $ 63.7 billion in new assets under management and over four million new consumers.
CuneXus Solutions was co-founded by Dave Buerger, Darin Chong and John Reich in 2008. The company’s mission is to transform consumer lending by enabling lenders to deliver the mobile, automated and personalized approach that consumers expect, while at the same time increasing lending volume and income.
Dave Buerger, Co-Founder and Chairman of CuneXus, said: “The acquisition by CUNA Mutual in October 2020 marked the culmination of years of determination and hard work. I am so proud of the CuneXus team. We are delighted to join the CUNA Mutual family and look forward to a bright future together.
“As a key component of the digital evolution of CUNA Mutual Group, CuneXus adds critical development expertise and integration capabilities to our entire loan product portfolio,” said Ronny Chapman, vice president director, product technology. “The momentum our partnership is generating in the financial services market underscores the enormous opportunity we have to co-develop a seamless and perpetual online lending experience for consumers and financial institutions. “
The increase in customer acquisition and strategic collaborations with companies such as TransUnion, a global information and knowledge company, and Pulsate, a mobile banking personalization software company, demonstrates the adaptability of CuneXus on the market. market and its willingness to help its clients succeed. “It is with great pride that our team has been able to develop powerful partnerships, working together to achieve amazing results for our clients,” says Buerger.
“2020 has been a challenge for our country, but thanks to the resilience and adaptability of our team at CuneXus, we are fortunate to continue on a high growth trajectory and have the opportunity to help our clients. to adapt and prosper. “
The last year marked some important milestones in the life of CuneXus. The company now powers the digital lending experience of nearly 20 million consumers in all major U.S. markets, representing $ 435 billion in assets under management.
Our specialized sales and marketing systems focus on data-driven app-less loans that help lenders maximize the profitability of existing client relationships. CuneXus provides turnkey access to a powerful and award-winning consumer loan strategy proven to optimize operational efficiency, reduce costs, increase sales volume, and improve customer experience and satisfaction. CuneXus’ pioneering technologies are at the forefront of the transition to a new era of customer empowerment through on-demand lending and borrowing.
For more information visit http://www.cunexus.com.
About Groupe Mutuel CUNA:
Built on the principle of “the people who help the people”, CUNA Mutual Group is a financially sound insurance, investment and financial services company that believes that a better financial future should be available to everyone. Through our corporate culture, a community that helps improve the lives of those we serve and of our society. For more information visit http://www.cunamutual.com.
CUNA Mutual Group is the trade name of CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. The company’s head office is located at 5910 Mineral Point Road, Madison, WI 53705.
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