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CUneXus Solutions Stock

Application-free Consumer Lending for Banks and Credit Unions

About CUneXus Solutions Stock

CUneXus Solutions was founded by financial services and technology veterans determined to transform consumer lending by making it possible for lenders to deliver the personalized, automated, mobile customer experience consumers have come to expect, while at the same time helping institutions grow loan volume and revenue by being with their customers as they shop. In 2014 the team released Comprehensive Pre-Screened Lending (CPL) express, or cplXpress, a first-of-its-kind lending automation platform that makes it extremely easy for financial institutions to offer pre-approved, “click-to-accept” consumer loans to customers where and when they need them – no application necessary. The cplXpress platform delivers personalized offers to customers’ phones, computers and tablets, using a combination of the bank or credit union’s customer information and lending criteria, as well as customer credit history, behavior and location. In its first twelve months on the market, the cplXpress platform was responsible for over $200,000,000 in consumer loans funded. Since then, the CUneXus team has expanded its product line, added dozens of bank and credit union customers, and announced new distribution channels and partnerships with leading fintech firms such as FIS, Digital Insight and Harland Clarke. In late 2015, CUneXus partnered with auto industry leader Edmunds.com. Details as to the nature of the partnership are under wraps until spring 2016. CUneXus leaders have presented the cplXpress product line at Finovate, the Innotribe Startup Challenge, Bank Innovation, NetFinance Interactive, Edmunds’ Hackamotive, The Future of Money & Technology, The World Council of Credit Unions and more. CUneXus was also recognized as one of just ten startups to watch on KPMG’s report of “The 50 Best Fintech Innovators of 2014,” and selected to participate in Silicon Valley's renowned Plug & Play Fintech accelerator program.

Funding History

June 2013$650K
January 2016$1.0M
January 2017$5.0M

Management

Co-Founder

John Reich

Co-Founder, President & CEO

Dave Buerger

Founder

Darin Chong

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