It’s CU 2.0 Fintech Friday! Today, Chris Otey sits down with Edmit to discuss all things credit union, fintech, and digital innovation.
Choosing a college or university is already a long, difficult process. Not only do prospective students have to navigate the intricacies of various school’s areas of emphasis, academic climate, and social scene, but they also have to worry about location and logistics.
Edmit looks to simplify the process across the board. By analyzing available financial data and academic goals, Edmit seeks to provide prospective students with the information they need to choose the academic institution that’s right for them.
Founded by former university leaders, Edmit offers personalized insight and advice to help families find colleges that meet their academic goals and are within their financial means. Families that use Edmit make smarter college choices, leading to less debt and better earnings outcomes.
Especially at a time when students are graduating with more debt than ever, but in which wages haven’t increased to meet that level of debt, it’s more imperative than ever to make healthy financial decisions when searching for the right university. Using Edmit ensures better financial stability after graduation.
If this sounds like an intriguing credit union–fintech partnership, check out the video and Edmit snapshot below!
Credit Union Fintech Snapshot: Edmit
Top 3 Problems Solved
- Ease college search
- College planning
- Financial planning
Edmit Founder: Nick Ducoff and Sabrina Manville
Edmit Market Strategy
Financial institutions and college-bound families.
Credit Union Fintech: Edmit in the News
Edmit models college-shopping on home-buying principles
Edmit helps families understand the price of university education
Interested in seeing more fintech entrepreneurship? Check out the CU 2.0 fintech infographic, Death by 1,000 Cuts. You can see firsthand the impact fintechs have had on the credit union industry, as well as how fintech innovation can improve your income statement, balance sheet, interest margin, services, and more.
Credit Union 2.0 believes fully in the power of credit union and fintech partnerships. With the shared goal to redefine multifaceted financial services models look like to members, more credit unions are looking to partner with forward-leaning fintechs.
If you want to learn more about credit union–fintech partnerships, click here.
