The funding and strategic relationship will allow Unifimoney to additional prolong its assist for Neighborhood Banks and Credit score Unions and introduce new merchandise powering the subsequent technology of loyalty, credit score and blockchain providers.
SAN FRANCISCO and CHICAGO, Feb. 16, 2022 /PRNewswire/ — At the moment, Unifimoney Inc., a turnkey digital wealth administration platform for Neighborhood Banks and Credit score Unions, introduced a strategic funding from Store Your Means®, a number one loyalty and bank card platform.
Unifimoney and Store Your Means be a part of forces to convey fintech innovation to Banks and Credit score Unions
With thousands and thousands of members, who spend greater than $9 billion and earn $50 million of rewards yearly, Store Your Means (SYW) brings substantial economies of scale, infrastructure and assets to Unifimoney’s platform. Furthermore, with the most recent spherical of progress capital, Unifimoney will quickly and materially innovate their service providing, additional extending Unifimoney’s turnkey digital wealth administration answer for Neighborhood Banks and Credit score Unions.
“The strategic relationship with Store Your Means will assist gas the subsequent wave of innovation whereas extending our providers to extra Neighborhood Banks and Credit score Unions. That is large for our Banking companions, giving their prospects entry to a broader vary of providers as a part of a compelling and distinctive one-stop store for digital wealth administration,” mentioned Ben Soppitt, Co-Founder and CEO of Unifimoney.
As a part of the funding, the 2 firms plan to collaborate to create a collection of recent providers for Store Your Means members and Unifimoney prospects – beginning with rewards integration that can enable Store Your Means members to redeem their factors to buy investable property, together with over 70 cryptocurrencies, hundreds of equities, exchange-traded funds (ETFs) and treasured metals.
“Investing in and collaborating with Unifimoney accelerates our mission to ship worth, alternative, and comfort for each our Companions and our Members.” mentioned B.J. Naedele, President and Chief Industrial Officer of Store Your Means. “We’ve a novel alternative to serve our Members with the modern Unifimoney wealth administration answer, whereas additionally leveraging our main loyalty and credit score platforms to assist drive materials worth to the Neighborhood Banks and Credit score Unions working the place our members stay, work, and play.”
About Unifimoney
Unifimoney is a multi-asset turnkey digital wealth administration platform that serves Neighborhood Banks and Credit score Unions to allow them to supply compelling funding providers to their prospects. The Unifimoney platform at the moment contains each passive and lively investing in conventional equities and ETF’s. Over 70 cryptocurrencies and treasured metals together with gold, silver and platinum. Unifimoney RIA, an entirely owned subsidiary of Unifimoney Inc. is a SEC registered RIA. Unifimoney is a part of the ICBA 2022 ThinkTech Accelerator Program.
About Store Your Means
Store Your Means® (“SYW”) is a high-growth FinTech and e-Commerce enablement platform that leverages a proprietary know-how infrastructure to service a few of the largest and most modern manufacturers in America. SYW powers a number of enterprise and client providers, together with the SYW Mastercard and SYW Rewards, together with a number of cellular apps. With an expansive and rising Associate Community, SYW has established itself as a number one funds platform with a best-in-class transaction gateway, designed for scale.
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SOURCE Unifimoney