LEVERAGE and Linqto, a Silicon Valley technology company that specializes in apps for the financial services industry, are partnering to pilot the LEVERAGE App Store. The app store is powered by Linqto’s Otter platform. It allows participating financial institutions to select from a list of the latest fintech apps, brand those apps, and have them submitted to major app stores like Apple, Android, and Amazon for consumer use. LEVERAGE‘s store also offers a large collection of non-fintech apps, such as lifestyle and gamification, which are gaining popularity with millennials.
“By working with Linqto, credit unions are still able to offer their traditional services, but now they can also pair those services with premium technology from branded apps, enhancing mobile strategies and changing their members’ mobile experience,” said LEVERAGE President/CEO Patrick La Pine. “This brings a dramatic shift in the relationship members have with their credit union and their mobile devices.”
“Our process is unprecedented, as it allows financial institutions to have done in minutes what used to take months, without the hassle of any long-term contracts,” said Linqto CEO and Co-Founder Bill Sarris. “By presenting solutions that meet today’s demand, we’re equipping these financial institutions with the technology needed to attract and retain members in a competitive marketplace.”
LEVERAGE is in the process of piloting the new app store. If any credit union would like more information, contact a LEVERAGE business development consultant.