FinTech Catalyst Incubator

FinTech Catalyst Incubator Details

We know that in this rapidly changing market the credit union system of the future will not look the same as it does today. The FinTech Catalyst Incubator invites you to test the up and coming fintech products so credit unions can innovate, grow, and better serve their members.

The FinTech Catalyst Incubator eliminates the front end risk of testing new products and ideas for credit union members while accelerating decision-making and credit union growth.

How does the Incubator work?

Each fintech product or service will be tested by a group of up to 12 credit unions of varying asset sizes, locations, and consumer demographics for six months. During this time, participating credit unions will offer their members the new fintech product or service while receiving tools and support from Filene to test a unique hypothesis.

These credit unions get a head start on bringing needed solutions to their communities and can shape final outcomes by sharing feedback and insights throughout the testing period. Research findings, including next steps and launch recommendations for viable products, will be published by Filene upon completion of the testing period.

Help shape the credit union future!

When you become a tester in the FinTech Catalyst Incubator you’ll get:

• The tools and support to forge a testing and innovation culture at your credit union.
• The opportunity to share feedback and insights that could impact the future of this product, or even the broader credit union space.
• The chance to offer your members a product or service that no one else can.
• Research findings and credit union specific test results to help you make the right decision for your credit union and its members.

Look through all of the test findings!

Filene has been incubating ideas over the last five years and assisted with the creation, launch, testing and adoption of more than 15 products and service innovations in over 100 credit unions across the U.S. and Canada.