Financial app developer Linqto and LEVERAGE, an affiliate of the League of Southeastern Credit Unions and Affiliates are partnering on the LEVERAGE App Store.
Following a nine credit union pilot program, LEVERAGE will bring the mobile fintech apps to 643 credit unions with a combined 12.3 million members and $143 billion in assets.
The store is powered by Otter, Linqto’s patent pending software platform. Otter allows financial institutions to choose apps, brand them and submit them to major app stores. LEVERAGE also offers lifestyle and gasification apps.
“Our process is unprecedented, as it allows financial institutions to have done in minutes what used to take months, without the hassle of any long-term contracts,” said Linqto CEO and Co-Founder Bill Sarris. “By presenting solutions that meet today’s demand, we’re equipping these financial institutions with the technology needed to attract and retain members in a competitive marketplace.”
LEVERAGE president and CEO Patrick La Pine said Linqto brings an extra dimension to credit unions.
“By working with Linqto, credit unions are still able to offer their traditional services, but now they can also pair those services with premium technology from branded apps, enhancing mobile strategies and changing their members’ mobile experience. This brings a dramatic shift in the relationship members have with their credit union and their mobile devices.”
Linqto will identify the best apps which will be released to the entire membership following the pilot.
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