CU 2.0 Fintech Friday: Unadat

It’s CU 2.0 Fintech Friday! Today, Chris Otey sits down with Unadat to discuss all things credit union, fintech, and digital innovation.

There is over $3,000,000,000,000 in outstanding personal debt in the U.S. right now. That’s three trillion. That’s the numeral 3 followed by twelve zeros. That’s enough to buy the New York Yankees more than 800 times. In short? That’s a lot.

Unadat seeks to help people outsmart their debt. Unadat works with mission-driven organizations like DCU to help people improve their credit scores and save on debt payments.

Unadata is a web-based platform with integrations into existing points of sale, such as those in credit unions. People can visit the website to find their best loan rates. Then, in order to ensure that they don’t get their loan applications rejected, Unadat finds ways to improve the applicants’ credit scores and perceived creditworthiness.

The goal is to help people manage their debt more strategically and effectively. Then, with Unadat behind them, they can stay more financially flexible and viable.

If this sounds like an intriguing credit union–fintech partnership, check out the video and Unadat snapshot below!

Credit Union Fintech Snapshot: Unadat

Top 3 Problems Solved

  1. Credit score improvement
  2. Debt management
  3. Financial wellness

Unadat Founder: Sean Smirnov

Unadat Market Strategy

Credit unions and anyone with debt.

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.