CULedger Raises $10M in Series A Funding

culedgerCULedger, a Denver, CO-based credit union-owned CUSO that focuses on delivering a network of one-to-one digital exchange for credit unions, raised $10m in Series A funding.

Backers included:
– Achieva Credit Union
– CULedger – Heartland
– CU Service Network (CUSN)
– FIS – second unit
– ICUL Services Corp
– Credit Union Services, Inc.
– OneAZ Credit Union
– UNIFY Financial Credit Union – second unit

Led by Julie Esser, chief experience officer, CULedger is a credit union-owned CUSO that focuses on delivering innovative applications to credit unions through its cross-border global distributed ledger platform. It is working to use distributed ledger technology to develop a platform that enables credit unions to enable self-sovereign identity for members through its flagship product, MyCUID.
In working through a national consortium made up of credit unions and industry investors, the company has developed applications related to global self-sovereign digital identity that will further enhance the trust credit unions have with their members.



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