Powerful Rebuild of CuneXus 1-Click Lending Automation Introduces New SaaS Capabilities
Santa Rosa, California – May 30, 2018 – CuneXus Solutions, providing streamlined lending and marketing automation for the modern economy, was chosen through a competitive application process to showcase its new SaaS lending capabilities at FinovateSpring 2018, held in Santa Clara, California, May 8-11.
CuneXus demoed a powerful update to its award-winning cplXpress 1-Click lending automation platform at the FinovateSpring 2018 conference. Delivering unparalleled transparency, simplicity and accessibility, CuneXus’ new cloud-based solution offers improved user interfaces, APIs and third-party integrations, as well as faster implementation times and SaaS scalability. The company’s unique and timely lending and marketing automation platform is currently leveraged by over 75 U.S. financial institutions and 7 million consumers.
“We’re excited to showcase our new cloud-based capabilities as part of our relentless drive to remain at the forefront of industry innovation,” said CuneXus CEO Dave Buerger. “Our platform has been wildly successful in providing a personalized borrowing experience that is second to none. Now community banks and credit unions can get everything they’ve come to enjoy from our platform, in a highly scalable and feature-packed SaaS format.”
The industry-recognized CuneXus platform completely eliminates the loan application, providing perpetual approval and instant, integrated loan activation at every banking touchpoint. Currently averaging more than $7 million in new loan requests each day, the 1-click borrowing experience has generated more than 150,000 loans totaling over $3 billion.
On Track to Surpass $5 Billion in Consumer Loan Volume by EOY 2018
CuneXus serves many of the nation’s largest credit unions and community banks and continues to roll out new product integrations with major digital banking and loan origination systems, enabling the company to provide turn-key solutions to the majority of the U.S. bank and credit union market. With new clients and partnerships to be announced in the coming months, CuneXus is on track to surpass $5 billion in consumer loan volume by year-end 2018.
“Bringing our capabilities to a cloud-based platform means our clients benefit from even greater ease of access across multiple touch points, along with a highly intuitive, seamless and always-on experience,” noted Buerger. “We’re delivering a first-to-market solution that is both radically simple and highly scalable.”
CuneXus is focused on data-driven consumer lending solutions that help financial institutions maximize the potential of valuable customer relationships. Its pioneering technologies are at the forefront of the transition to a new era of responsible on-demand lending and borrowing. The company’s revolutionary cplXpress product suite is currently being utilized by more than 75 U.S. financial institutions and has generated billions of dollars in consumer loan volume. CuneXus serves many of the nation’s largest credit unions and community banks, including Credit Human, First American Bank, Digital Federal Credit Union, Arizona Federal Credit Union, CAP COM Federal Credit Union and Commonwealth Credit Union. CuneXus was named one of just ten startups to watch on KPMG’s global report of “The 50 Best Fintech Innovators”; was selected to participate in Silicon Valley’s renowned Plug & Play Fintech accelerator; was named one of 20 FinTech Forward “Companies to Watch in 2017” by American Banker and BAI; and was a finalist for “Top Enterprise Technology Company” at the 2018 Lendit Fintech Industry Awards. Visit the CuneXus website for more information: http://cunexus.com/