JUDI.AI announced on June 2nd that connectFirst Credit Union had successfully gone live with its AI-enabled small business lending solution. JUDI.AI enables the Calgary-based credit union to grow its Independent Business loan portfolio and automate manual processes.
“We want Albertans to bank on a brighter future and we’re investing in the technology and tools to help small business do just that. We’re building a credit union for the 2020s and reimagining the services we can bring to our members by investing in our digital platforms,” said Wellington Holbrook, CEO at connectFirst.
“Our partnership with JUDI.AI is another incredible step on our digital transformation journey and it will help us support the unique needs of our members and all Albertans. By giving our small business and ag members fast and easy access to capital, reducing the time from days to hours, it will make it easier for entrepreneurs to invest in and grow their businesses,” noted Holbrook.
“The connectFirst team has a history of being quite progressive with the use of technology to delight its members,” said Gord Baizley, CEO at JUDI.AI. “We’re excited to be part of this digital journey and help increase access to credit for small businesses across Alberta.”
About connectFirst Credit Union
connectFirst Credit Union, one of the largest and most successful credit unions in Canada, is a full-service financial institution with over $6 billion in assets under administration. connectFirst employs 750 Albertans who provide a range of financial products and advice in more than 40 communities across central and southern Alberta. It serves over 125,000 members through a community-focused approach to banking.
JUDI.AI is at the forefront of the small business lending space, providing a software platform that makes it easy for credit unions and community banks to digitally transform lending processes, become smarter lenders and build deeper relationships with their small business customers. JUDI.AI pledges 1% of its equity, revenue, time and product to charities of our customers’ choice.