DES MOINES–Curql Collective is reporting it has created its first “Curql Accelerate” cohort of five fintech companies, which is aimed at giving the companies a booster shot.
The five fintechs include Casap, Peacefully, Privacy Lock, Ranqx, and Spiral.
“Curql Accelerate will support the growth of each of these pioneering startups participating in the cohort,” the company said.
According to Curql, the inaugural Curql Accelerate cohort is powered by gener8tor, a nationally ranked investment fund and accelerator that brings together startup founders, investors, and other organizations across various industries.
“Specializing in high-growth startups, gener8tor has managed more than 250 accelerator cohorts,” Curql Fund stated. “Alumni have raised more than $1.86 billion in follow-on funds and have created more than 10,000 jobs to bring about transformative change and collaboration across more than 40 communities.”
‘Concierge Mentorship’
Each of the five fintech startups within the cohort will engage in 12 weeks of concierge, mentorship-based programming. The participating fintech companies will also receive a $100,000 investment and benefit from additional support, such as access to deep credit union industry connections and a network of mentors, technologists, and more.
Curql Collective reported that with Curql Accelerate, credit unions will engage throughout the process in a variety of ways. In addition to those who participated on the cohort selection committee, credit unions will host on-site programming for the cohort fintech, including Michigan State University FCU, Washington State Employees CU, and VyStar Credit Union, the organization explained.
These events will be complemented by additional virtual programming throughout the accelerator, it added.
‘Unprecedented Level of Enthusiasm’
“This cohort represents not just an investment by credit unions but also an unprecedented level of enthusiasm within credit unions for the types of innovative solutions these startups bring to the table for the entire industry,” said Curql Collective CEO Nick Evens.
For more info: www.curql.com.
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