InvestiFi has raised $20 million to accelerate its embedded investing platform for banks and credit unions.
The CUSO said in a press release that the funding round was led by Vibe Credit Union, with participation from BankTech Ventures, Navari, and several credit unions.
InvestiFi has grown from four clients in 2024 to more than 60 customers. Its technology allows members to invest directly through a financial institution’s digital banking platform rather than moving money to outside providers.
The capital will help the CUSO scale its platform and increase consumer adoption, with a focus on helping clients recapture deposits flowing to third-party investment platforms. InvestiFi offers fractional stock and ETF investing, guided investing, IRAs, cryptocurrency trading and stablecoins.