Celero is pleased to announce Valeyo, a leading provider of lending technology to the financial services industry, will connect its new digital lending platform to Celero’s growing digital ecosystem to offer its innovative solutions to credit unions.
Valeyo, a Canadian organization, is collaborating with Celero to integrate its digital lending solution into Celero Xchange™ digital ecosystem integration platform as Celero’s open API structure, seamless integration process and innovative digital roadmap aligns to its own product strategy and capabilities.
“We’re partnering with Celero Xchange to further our strategic vision of providing innovative lending solutions and choice in third-party integrations to Canadian credit unions,” says Andrew Pastoric, Head of Strategy & Innovation at Valeyo. “This integration strategy allows us to rapidly roll out our digital lending solution to multiple credit unions after a one-time integration with Celero Xchange.”
Adds Paul Kachappilly, Valeyo’s Director of Technology, “Celero’s continuous focus on driving innovation for credit unions aligns with our own, and we look forward to this integration as the beginning of a strong and mutually beneficial relationship between our organizations and for the industry.”
Creating choice through an expanding ecosystem
The integration of Valeyo’s digital lending solution into Celero Xchange provides another innovative option for Canadian credit unions as they seek solutions that drive digital transformation and enable them to offer the seamless transactional experiences that their members are demanding.
“Credit unions are increasingly connecting to Celero Xchange not only because it eliminates the complexity of integrating new solutions into their core banking systems, but also because trusted lending technology providers, like Valeyo, are already onboarded and able to deliver new capabilities quickly and affordably,” says Barb MacLean, Director, Application Development at Celero.
As Celero Xchange is an agnostic platform, every credit union can choose vendor-solutions that fit with their digital transformation strategy, increasing their value proposition and unique capabilities and market offerings.
Valeyo’s digital lending platform will be available on Celero Xchange in Q3 2020 with market release planned in 2021. For more information, visit valeyo.com and celero.ca.