Home > Solutions > Fintech > QCash

Changing the landscape of payday lending

Do you notice inefficient processes for small dollar lending at your financial institution? Do you notice members going elsewhere to acquire small dollar loans? 

With a lack of short-term credit options, Canadians are forced to turn to other non-bank solutions to fill instant liquidity needs caused by gaps in income and expense, emergencies and credit availability.

QCash Financial offers financial institutions and their customers a secure, convenient and more affordable solution.

Me-Dian credit union leverages QCash to serve their community

Me-Dian Credit Union’s primary focus is to serve indigenous communities across Manitoba. This creates challenges, as many of their members live in remote locations. The member sprawl, consumer demand for instant access and the proliferation of mobile technology, made it obvious that they needed to find ways that reduce friction in the member journey.
Read the news release

A short-term lending solution for your members

QCash is a mutually beneficial solution for both members and your credit union. It offers a fast, easy, affordable, and trustworthy short-term loan solution to your members across the economic spectrum. It also gives your credit union a crucial way to enhance and broaden your influence in members' lives.
Celero has created an Enterprise Service Bus (ESB) that will enable credit unions from across Canada turn Open APIs into an competitive advantage. QCash is the first fintech to leverage Celero integration services to integrate with a core banking system. This approach to integration accelerates speed-to-market for new member facing solutions.
Members will no longer need to leverage traditional payday lending to gain access to emergency funds. This omni-channel solution is ready to serve your members anywhere, anytime on any device and deliver funds within 60 seconds of applying, Your credit union can offer an alternative short term lending option, provide them access to financial education and support stronger financial health in the community. 
Qcash is a white-label solution that will help your credit union expand your portifolio of services, increase revenue streams and grow your member base. The automated, cloud-based digital underwriting platform with a customizable decision engine keep you in control.
The QCash platform delivers lightning-fast loan approval to members, right on their smartphones, from you, their trusted credit union. The underwriting process is kept member centric-lending decisions are based on the member-credit union relationship with parameters you set.

Learn more about QCash

Want to talk about QCash?