AI

Velera, RAI Partners are teaming up to offer fintech to credit unions

Velera (formerly PSCU/Co-op solutions), a fintech solutions provider, has partnered with RAI Partners, a provider of AI-powered technology solutions for credit unions, in a joint effort to offer financial technology solutions to credit unions.

Image: Adobe Stock (generated with AI)

October 30, 2024

"At RAI Partners, we are committed to offering credit unions and financial institutions with access to user-centric fintech offerings to drive member engagement and satisfaction," Ed Preuss, co-founder and CEO at RAI Partners, said in a press release announcing the partnership. "We are proud to be working alongside Velera – an organization that holds similar values and goals – to advance credit union growth now and into the future."

The partnership will offer access to a range of offerings, such as RAI Partners' turn down programs and portfolio acquisitions.

"We are pleased to partner with RAI Partners to extend our services and offerings into two spaces that we believe can truly elevate a credit union's operations and garner success," Brian Scott, EVP, chief growth officer Brian Scott, said in the release "This partnership is just one of many ways in which Velera is acting on its commitment to delivering our credit unions with the tools they need to build deep, lasting member relationships, while driving smart service and growth."