Nuuvia, a credit union service organization (CUSO) that is building a youth banking and intelligent lifecycle banking platform, raised $4 million.
VyStar Credit Union and Desert Financial Credit Union were the investors; each will appoint representatives to the CUSO’s board and product technology and innovation council.
“Creating meaningful partnerships with institutions like VyStar Credit Union and Desert Financial Credit Union is central to our vision of redefining the future of banking,” Marcell King, Nuuvia’s president and chief operating officer, said in a press release.
“Together, we’re building a platform that delivers safe, educational, real-world banking experiences while driving financial wellness for families nationwide,” King added.