SAN DIEGO–Trust & Will, a provider of digital estate planning, said it has received a $4.5 million investment from Curql, the investment fund created by and for credit unions to collectively invest in fintech.
With the investment the company said it is forming a CUSO.
According to the company, the investment is part of Trust & Will’s Series C round and reinforces its “commitment to expanding access to estate planning for credit union members nationwide.”
With this addition, Trust & Will said its total Series C funding will exceed $32 million.
“As an innovator in the financial services space, Trust & Will has helped more than one million Americans begin their legacy planning journey, and this strategic investment will enable even greater integration within the credit union ecosystem,” the company said.
Trust & Will said it began working with credit unions in 2018, evolving from a single partnership to working with more than 200 credit unions today.
CUSO is Formed
With the investment Trust & Will said it is forming a CUSO through which credit unions will have the opportunity to invest in and offer specialized estate planning services tailored to members.
“Forming a CUSO isn’t just a step forward – it’s a signal of deep commitment to the credit union movement. Trust & Will understands how credit unions operate, and this move brings estate planning even closer to the core of member service,” Nick Evens, president & CEO of Curql, said in a statement. “We’re proud to back a fintech that’s not only delivering innovation, but doing it the credit union way,”
Curql said its “collaborative ecosystem” now represents more than 130 credit unions jointly investing in fintech.
Champions of Security’
“Credit unions have long been champions of financial security, helping members build and protect their wealth through every stage of life,” Trust & Will CEO and Co-Founder Cody Barbo said in a statement. “Estate planning is a natural extension of that mission; providing families with the protection and peace of mind they deserve. From our first credit union partnership to now forming a CUSO, we’ve witnessed the trust and care credit unions bring to their communities. With Curql’s support, we’re making it easier than ever for credit union members to secure their legacies and strengthen their financial futures.”
Joining NACUSO
Trust & Will said that as part of its next phase of growth it is also joining the National Association of Credit Union Service Organizations (NACUSO) as a Platinum Partner.
