Cuna Mutual's CMFG subsidiary had led digital lending software provider CuneXus' series A round three years ago.
Financial services and insurance group Cuna Mutual is buying one of its portfolio companies, US-headquartered online lending platform CuneXus, for an undisclosed amount.
Founded in 2011, CuneXus operates a digital lending platform that helps banks and credit unions use customer data to offer loans to customers without them needing to formally apply.
Cuna Mutual had invested an undisclosed amount in CuneXus in 2017 through corporate venturing arm CMFG Ventures. The deal involved it leading a series A round sized at…
