Under the agreement, banks can leverage CUneXus’ technology to generate and extend approved offers for multiple loan types, including the Kasasa Loan, which enables borrowers to pay off their loan ahead of time and take back a portion of the funds they’ve paid off if they need it. CUneXus’ cplXpress will allow eligible borrowers to instantly access their Kasasa Loan.
“Our goal is to enable lenders to deliver the simple, personalized, mobile-friendly experience consumers expect,” said Dave Buerger, CEO of CUneXus. “With cplXpress, lenders can let their customers shop, borrow and buy in just seconds–speeding up the process and creating a superior customer experience. We’re extending this service to now include Kasasa Loans, allowing financial institutions to expand their loan options and offer something unique.”
Kasasa showed off its new loan product at FinovateSpring earlier this year. The demo won Best of Show honors. Describing Kasasa Loans, Gabe Krajicek, CEO of Kasasa said, “Designed to meet consumers’ wants and needs, it puts the customer in control.” He added, “By partnering with CUneXus, we’re elevating that experience and providing community financial institutions with an even greater competitive edge. Not only can they talk to consumers about something completely unique – a loan with take-backs – but they can offer a more convenient shopping experience overall through cplXpress.
CUneXus also most recently demoed at FinovateSpring 2018, where Buerger showcased the newest version of cplXpress that offers a more friendly user interface and more scalable SaaS format. Earlier this year, the company was awarded Gold in the Electronic Marketing Category of the MAC Awards. Founded in 2011, CUneXus is headquartered in California.
Kasasa, which was honored on the 2018 IDC Financial Insights FinTech Rankings last month, recently unveiled a new compliance tool, RegGen. The company was founded in 2004 and is headquartered in Texas.