Thursday, August 24, 2017

CMFG Ventures Announces Investment in Mirador

CMFG Ventures, LLC, the venture capital entity of our company, announced its latest investment in Portland, Oregon-based, Mirador, a financial technology startup that provides a completely digital small business lending platform. 

Mirador supports lenders through a modern approach to borrower engagement in small business lending that can strengthen financial services relationships.

“Small business lending is an important area of opportunity for credit unions, yet the technology and process can be fragmented and difficult to navigate,” said Brian Kaas, president and managing director, CMFG Ventures. “Through our investment in Mirador, together we can help credit unions provide another level of service to their members through better access to small business loans, further reinforcing the credit union’s commitment to their local communities.”

Mirador continues to push the financial services industry to provide more modern relationship banking experiences through its small business lending platform. The company’s innovative technology supports a fully integrated, digital approach to borrower acquisition, loan application process, decisioning and borrower communication.  

Click here to read the full details in today's news release.