Velera Opens New FinTech Discounts for Credit Unions

Credit union service organization (CUSO) Velera has expanded its Fintech Engagement Program to include FinTech partners that will offer credit unions discounted pricing, waived fees or other exclusive benefits.

Velera announced the first six FinTech partners in a Thursday (April 9) press release and said it plans to add more partners and exclusive opportunities for credit unions.

“In a crowded market of FinTech providers, credit unions need trusted guidance to identify the right partners and gain a competitive edge,” Chris Corse, principal, emerging partnerships at Velera, said in the release. “By expanding the Fintech Engagement Program, Velera is making it easier for credit unions to access vetted, high impact solutions at reduced cost — helping them innovate faster, strengthen their position and deliver more value to their members.”

The inaugural group of FinTech partners includes artificial intelligence-native third-party risk and procurement platform Coverbase, integrated digital investing platform InvestiFi, proactive account holder engagement firm Larky, personalized savings and giving firm Spiral, gamified onboarding and engagement provider Swaystack, and embedded lending marketplace Union Credit, according to the release.

These partners will be present in the Solution Showcase at the credit union industry event VeleraLIVE 2026, taking place Monday through Wednesday (April 13-15) in Orlando, Florida.

Velera launched the Fintech Engagement Program in April 2024, saying this offering is designed to facilitate collaboration between vetted FinTech companies and credit unions that are looking to address industry pain points. Velera, which was known as PSCU/Co-op Solutions at the time, said the program would help participants disrupt traditional methods of banking, identify use cases and participate in ideation and proofs of concept.

The PYMNTS Intelligence and Velera collaboration “Credit Union Innovation Readiness: How Credit Unions and FinTechs Are Innovating Together,” which was published in January, found that 56.2% of credit unions say that external partners help them innovate at a much faster pace or bigger scale than what they could have done internally.

“From the vantage point of credit unions, partnerships work — and they’re becoming an essential part of the innovation playbook,” the report said. “Most credit unions point to tangible upside: faster innovation, greater competitiveness and stronger operational performance.”