OLYMPIA, Wash.--(BUSINESS WIRE)--QCash Financial, a CUSO providing automated, cloud-based, omni-channel small-dollar lending technology for financial institutions, announces it has become a member of the Center for Financial Services Innovation’s (CFSI) Financial Health Network.
QCash Financial has joined CFSI’s Network because it shares CFSI’s mission of improving the financial health of Americans, especially the underbanked. CFSI seeks to shape a robust and innovative financial services marketplace with increased access to higher quality financial products and practices.
CFSI was founded to promote innovation in the financial services industry to meet the financial health needs of all Americans, and has since launched ground-breaking research and built a network of like-minded partners and providers. The organization has advised major brands in the financial services industry on products and strategy development, with the goal of improving the lives of consumers in America.
“We are honored to join CFSI’s network and align ourselves with its goals to serve underbanked consumers with our small-dollar lending technology,” said Ben Morales, CEO of QCash Financial. “We look forward to engaging with CFSI to continue to work toward our common goals of improving consumers’ financial health.”
“We are excited to welcome QCash Financial into our network,” said Karen Andres, vice president, CFSI. “Improving consumer financial health requires collaboration from across the financial services industry, and we believe QCash Financial’s expertise will be an important part of this effort.”
The QCash loan platform was developed in 2004 by WSECU after the credit union’s tellers noticed a substantial number of its members required small, short-term loans from payday lenders that were charging excessive fees and interest rates. It is offered as a white label solution to financial institutions. For more information, contact Ben Morales at firstname.lastname@example.org.
About QCash Financial
QCash Financial is a CUSO providing automated, cloud-based, omni-channel small-dollar lending technology that enables financial institutions to provide short-term loans quickly to the people they serve. QCash Financial, a wholly owned subsidiary of WSECU in Olympia, Wash., started as a short-term loan solution for the credit union’s members in 2004. For more information about QCash, visit its website at Q-Cash.com.