Lyndi Macke, 425-471-8631, Lyndi@ThreeGirlsMedia.com
Erika Taylor Montgomery, 408-218-2391, Erika@ThreeGirlsMedia.com
What Is It?
QCash Financial is a fintech company providing an automated white-label digital small-dollar lending platform and financial wellness coaching used by credit unions to help their members on the path to financial health. QCash Financial’s flexible, easy-to-use technology integrates seamlessly with online banking platforms and mobile solutions. The QCash platform uses relationship-based decisioning to provide customers short-term, small dollar loans with just six clicks in 60 seconds, and deposits funds immediately upon acceptance. As of October 2020, the QCash platform has delivered 530,000 small dollar loans to credit union members.
Responsible digital short-term small dollar loans help consumers avoid drawn-out, interest-laden scenarios commonly found in payday lenders’ debt repayment options. Predatory payday loans with high interest and repayment options trap customers in a cycle of borrowing and dependency that is nearly impossible to escape. With relationship-based underwriting, QCash Financial’s digital small dollar loan program breaks this cycle by allowing a broad range of customers to access the money they need immediately with interest terms they can easily repay.
Beyond offering a digital small dollar loan platform to banks and credit unions, QCash Financial helps credit unions build their members’ financial wellness through a groundbreaking financial wellness app, webinars, thought leadership articles and more. This combination of financial assistance and education helps credit unions lead their members to lasting financial health.
QCash Financial won Financial Times’ Future of FinTech Innovation Award in 2017 and is a member of the Financial Health Network.
Where Is It?