April 27

Prospera Credit Union Partners with Fintech ASAPP Online Solutions to Launch Digital Business Account Opening and Lending Solutions

Vancouver, British Columbia, April 27, 2018: Prospera Credit Union (“Prospera”), one of Canada’s leading credit unions, announced today, that in partnership with Celero and Canadian fintech ASAPP Online Solutions Inc. (“ASAPP”), it has launched a new state-of-the-art digital account and lending origination solution for small business banking members.

The ASAPP solution enables current and future Prospera members to open business products and services in real-time, anytime, anywhere and on any device.

Prospera recognizes the importance of small businesses and their impact on the Canadian economy, especially considering 98.2% of all businesses in the country have fewer than 100 employees.

“Investing in this technology brings a whole new level of convenience and accessibility to banking for business owners,” said Diane Dou, chief operating officer for Prospera. “Running a small business often involves working seven days a week and lots of long hours. By bringing business banking to their fingertips, wherever they are, Prospera is making business banking easier and looking out for the financial well-being of our members.”

With ASAPP, Prospera has also streamlined the application and supporting processes for both business owners and Prospera team members, while ensuring all regulatory requirements are met.

ASAPP was the first fintech in Canada to offer a fully responsive solution focused on improving the simplicity of business banking, and is recognized as the industry leader in omni-channel account and lending origination solutions.

“Partnering with ASAPP and bringing their solution to Canadian credit unions is causing a disruptive shift in expectations placed on financial institutions to better service their business banking customers,” said Rojin Nair, general manager, fintech solutions for Celero. “ASAPP is delivering on the promise of fintech by helping to make credit unions a competitive alternative to the traditional banks – their technology is a game changer.”

Ryan Yates, vice president, Marketing and Operations for ASAPP adds, “Credit unions have the opportunity to be a trusted ally for their business banking members. The capabilities of ASAPP makes life easier for business owners so they can get on with what’s important to them – and that’s growing their business. We’re excited about our partnership with Prospera, and helping them deliver a solution that is aligned with this goal.”




About Prospera Credit Union
Building on over 70 years as a BC credit union, Prospera is proud to serve communities from Vancouver to Kelowna. As a member-owned financial institution, our number one priority is the financial well-being of families and businesses in our local communities and our dedicated team is here to serve all of their banking, lending, investing and insurance needs through sixteen branches; online and mobile banking and a locally-based contact centre. As a member of The Exchange network, our members also enjoy access to more than 4,000 surcharge free ATMs across Canada (that’s right, no ATM fees).

Making life better for everyone is important at Prospera, which has an extensive community investment program devoted to supporting the organizations, events and volunteers that make our BC communities stronger. To learn more, check out Prospera’s Facebook page or visit prospera.ca.



About Celero
Celero is a leading provider of Information Technology (IT) solutions to credit unions and other financial institutions across Canada and the only Canadian company included in the 2017 IDC Top 100 FinTech Rankings, the most comprehensive vendor ranking in the worldwide financial services industry. A full-service IT company, Celero provides complete banking solutions, IT planning, systems integration, hosting, support, and consulting services as well as business analytics solutions and expertise. Recognized as a 2018 Best Small and Medium-sized Employer in Canada by Aon, Celero meets the unique needs of financial institutions and delivers world-class reliability and security through its Canadian-based data centres, employees, and operations. For more information visit celero.ca

About ASAPP
ASAPP is one of Canada’s fastest growing fintechs, and is recognized as Canada’s most complete omni-channel account and loan origination solution for retail and small business banking. ASAPP has been developed by industry professionals including digital marketing, banking, compliance, analytics and technology experts that have ensured the solution delivers effective and efficient business operations while increasing customer engagement for Canadian FIs. For more information, visit www.asappbanking.com.

For more information, please contact:

Jessica Thiessen,
Manager, Communications
604.953.3757 or jthiessen@prospera.ca

Leanne Northwood,
Director Planning and Business Development, Celero
P: 403.692.2732 or leanne.northwood@celero.ca

Ryan Yates,
VP Marketing & Operations, ASAPP Online Solutions Inc.
647.479.8438 or ryan@asappbanking.com

 

 

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