Saskatchewan-based credit union Conexus has joined forces with Canadian fintech firm Grow to bring online lending to Saskatchewan.
The collaboration with Conexus will allow Saskatchewan residents to access Grow’s lending platform through the credit union.
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The credit union said that Saskatchewan’s residents will be able to apply for a loan anywhere, anytime, and via various channels such as computer, phone or tablet.
Applicants will be able to receive the funds in their bank account by the following business day.
Conexus Credit Union vice president sales and member experience Tara McKeown said: "Our focus is to continually enhance our member’s experience by providing a convenient way to bank anywhere, anytime, anyplace. Partnering with Grow will enable Conexus to deliver on this expectation to our membership.
"We are committed to staying relevant for the residents of Saskatchewan not just today, but for tomorrow. By creating opportunities for immediate fulfillment it allows us to be a more effective financial partner for our member owners."
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By GlobalDataGrow founder and CEO Kevin Sandhu added: "By combining the brand and trustworthiness of an industry leader like Conexus with our leading edge technology, we are able to empower people to take control of their financial health with the familiarity of their community banking relationship."
