TruMark Financial Credit Union
335 Commerce Drive, Fort Washington, PA, 19034, United States
Overview
Trumark Financial Credit Union offers deposits products, such as savings, checking, money market accounts, certificates of deposit, IRAs, and other deposit accounts, as well as check cards, debit cards, cash rewards, trust accounts, estate accounts, and restricted burial accounts.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Banking
- Financial Services
Investment portfolio
- LoanStar Technologies
Participated · Equity · Jan 2024
LoanStar Technologies operates an embedded-lending platform called MerchantLinQ that enables lenders to provide instant point-of-sale finance through local merchants, with control over loan underwriting and branded products. The company positions its technology to help lenders and merchants expand customer bases and drive new business growth via embedded lending. LoanStar serves over 55 lenders and maintains relationships with roughly 7,000 merchants. It raised $28M in funding, with approximately $12M being deployed to expand sales and marketing, continue investment in its technology platform, and deepen strategic partnerships. The company plans to strengthen its balance sheet to support future growth opportunities and expects to close the remaining ~$16M of the round in the next two months to repurchase shares from early investors. Leadership includes CEO Andy Turner and CIO Craig Haynes.
Team
No current team members are available.