San Antonio, Texas: RAI PARTNERS, a Credit Union Service Organization (CUSO), is proud to announce the highly-anticipated launch of its cutting-edge fintech platform. Established in 2021 with a clear mission, RAI PARTNERS is dedicated to revolutionizing the financial landscape by delivering unparalleled technological solutions and products to credit unions, fortifying their capabilities and bolstering the industry as a whole.
Leveraging its robust network, RAI PARTNERS has partnered with credit unions, community banks, and technology leaders to deliver a comprehensive suite of financial products that drive efficiency, speed, and scalability. At launch, the platform already encompasses a network of over 2,000 credit unions, a testament to RAI PARTNERS' commitment to enhancing the potential of these institutions.
RAI PARTNERS was born out of a deep-seated concern for the limitations that credit unions faced in terms of resources, options, and technology. The company recognized the untapped potential within credit unions, stemming from limited functionality and balance sheet opportunities. With a vision to address these challenges, RAI PARTNERS embarked on its journey to empower credit unions and community banks, forging a true partnership for growth.
"Our platform serves as a one-stop-shop, enabling credit unions to harness the power of data and technology," said Ed Preuss, CEO of RAI PARTNERS. "By offering a versatile array of services, clients can leverage their balance sheets, access custom products, and create innovative, differentiated offerings."
RAI PARTNERS has been instrumental in developing fintech solutions for financial institutions that are in need of a proven product suite that can be specialized to their exact needs. Whether that means branded fintech credit cards, secured and unsecured installment loans, structured lending offerings, or other specialized fintech services, RAI Partners helps credit unions and community banks deliver next-generation fintech products to their customers and utilize their balance sheets to unlock value.
RAI PARTNERS' unique approach sets it apart as a catalyst for growth within the credit union landscape. The company embraces credit unions and community banks as integral pillars of the economy and aims to support their pivotal contributions. Through a generous revenue sharing model and a commitment to lending across the entire risk spectrum, RAI Partners provides clients with the means to explore new horizons.
The company’s ability to leverage relationships with issuers, obtain necessary licenses, and collaborate with key banks is an important piece of its fintech solution package. Ensuring a robust payment system for their clients that span traditional options like Visa and Mastercard as well as state-of-the-art blockchain technology allows RAI PARTNERS to fine-tune their product delivery to each and every institution they work with.
RAI PARTNERS also empowers credit unions and community banks to overcome traditional boundaries and build products that stand out in a highly competitive market. The platform's agility enables clients to seamlessly integrate various tools and APIs, fostering innovation and adaptability.
With over 2,000 collaborations with community banks and credit unions nationwide, the depth and value of their network and market knowledge put RAI PARTNERS in a unique position to add immense value across the industry. As they continue to roll out further fintech innovations, their clients will most certainly be the ones that truly benefit in a future where fintech enters every layer of the value chain.
About RAI PARTNERS: RAI PARTNERS is a registered CUSO that offers data-driven, artificial intelligence solutions to credit unions, community banks, and forward-thinking businesses to expand their product suite using their all-in-one fintech platform. Since their founding in 2021, they’ve partnered with many financial institutions to drive their growth, customer engagement, and service capabilities, ultimately leading to increased profitability for their partners.