ORANGE COUNTY, Calif., Jan. 12, 2021 /PRNewswire/ — Pleased Cash, a number one monetary expertise firm constructing instruments and providers for human happiness, and USALLIANCE Monetary, a New York-based credit score union serving greater than 120,000 members worldwide, immediately introduced a strategic partnership.
Right this moment’s announcement builds on the continued success of Pleased Cash’s debt elimination product, Payoff™ — a fixed-rate installment mortgage delivered through the corporate’s proprietary platform — and its rising roster of mission-aligned monetary companions. This partnership allows USALLIANCE to speed up its membership development by leveraging Pleased Cash’s turnkey, science-backed instruments and expertise to assist originate private loans for people who wish to get rid of high-cost bank card debt, enhance financial savings, and begin on a path towards monetary wellness.
“I first realized about Pleased Cash from the CEO of considered one of their current monetary companions and was instantly drawn to the corporate’s member-focused mission and their relationship-based strategy to long-term partnership,” stated Kris VanBeek, CEO and president, USALLIANCE Monetary. “This partnership with Pleased Cash aligns with our dedication to sustainable member development and helps us obtain our final function: empowering our members to dwell life totally.”
“USALLIANCE not solely understands Pleased Cash’s mission to assist debtors change into savers, however additionally they embody it by delivering on their motto of ‘folks serving to folks,'” stated Scott Saunders, CEO, Pleased Cash. “This mindset is crucial in immediately’s surroundings the place financial uncertainty is rising client nervousness. Collectively, we might help our members get rid of high-cost debt, enhance their financial savings, plan for the long run, and expertise larger peace and happiness because of this.”
Pleased Cash’s next-generation credit score modeling and progressive options allow the corporate to drive important development for itself and its companions, even within the present financial surroundings. In 2020 alone, the platform facilitated the origination of greater than $1 billion in loans for companions, all whereas assembly companions’ danger and resiliency targets.
About Pleased Cash
Pleased Cash® is a monetary expertise firm, delivering digitally-native monetary instruments and providers for human happiness™ by its purpose-driven market between mission-aligned capital and shoppers. Pleased Cash is creating a substitute for the “Unhappy Cash™” system with a linked ecosystem of client monetary merchandise designed to assist debtors change into savers. Pleased Cash. A Happier Future.™
Backed by main buyers together with Anthemis Group, Tencent Holdings, and CMFG Ventures, Pleased Cash has helped over 100,000 members repay their bank card debt since inception. Based in 2009, Pleased Cash has a various worker base of over 300 folks throughout america. For extra details about how our partnerships with monetary establishments work, please be at liberty to contact us at [email protected]
About USALLIANCE Monetary
USALLIANCE Monetary is a full-service credit score union that gives a variety of banking providers. USALLIANCE develops and implements custom-made, safe, and progressive merchandise for a lot of nice organizations, along with their 120,000+ members worldwide.
As a full-service not-for-profit monetary establishment, USALLIANCE affords a full vary of checking, financial savings, bank cards, and mortgage merchandise in addition to varied on-line banking providers. Their credit score union members have entry to six,000 department amenities and 30,000 surcharge-free ATMs throughout the nation, along with USALLIANCE’s cellular banking app that was just lately acknowledged by Finovate as among the best within the business.
USALLIANCE Monetary can also be an business chief in offering new digital providers to members, equivalent to on-line, cellular and pill account and mortgage opening, Apple Pay, checking balances on the Apple Watch, and extra.
SOURCE Pleased Cash