Inclusiv FIT Center Announces Partnership with PoshAI

BOSTON, Mass. (May 4, 2023) – Posh Technologies, the conversational AI provider for banks and credit unions, is excited to announce its partnership with Inclusiv, an organization whose mission is to help low/moderate-income people and communities achieve financial independence through credit unions, through their Financial Inclusion Technology (FIT) Center. Posh will become a FIT Center Partner and help expand on Inclusiv’s mission of financial empowerment and ensuring people living in underserved communities can achieve financial well-being.

Inclusiv works to remove barriers to financial opportunities by providing capital, making connections, building capacity, developing innovative products and services, and advocating for its member Community Development Credit Unions (CDCUs). Posh believes in democratizing access to banking by empowering financial institutions with the benefits of conversational AI. The Posh suite of Conversational AI solutions is purposefully designed to help financial institutions to better serve their communities.

Together, this partnership will allow both Inclusiv and Posh to expand their network and bring greater access to banking equality to a larger number of communities.

“Inclusiv is proud to welcome Posh Technologies as an Inclusiv FIT Center partner. Inclusiv continues to help our member credit unions to embrace digital banking as a primary member service channel. Posh’s leading conversational AI technology enables credit unions, big and small, to harness the power and promise of AI to more comprehensively meet the banking needs of low/moderate-income working families and individuals that often struggle to find time during the day to contact their credit union. Through our partnership with Posh, smaller credit unions will have access to AI technology that can meaningfully expand financial inclusion!” - Peter Rubenstein, VP of Technology, Innovation & Analytics, Inclusiv

“Smaller institutions are often left behind in the financial landscape, lacking access to cutting-edge technologies like AI. Our partnership with Inclusiv is a significant step towards bridging this gap. Our shared values and strategic solutions will enable us to make a meaningful difference in the industry, and we’re excited to expand access to technologies like conversational AI.” - Karan Kashyap, CEO of Posh AI

For media inquiries, contact:

Peter Rubenstein, VP of Technology, Innovation & Analytics, Inclusiv

Patricia Hui, PR & Communications Manager, Posh

About Inclusiv

Founded in 1974, Inclusiv empowers its member credit unions to advance financial inclusion for everyone through advocacy, education, technology, and investment initiatives designed to create wealth-building opportunities in communities excluded from the financial mainstream.

Inclusiv was instrumental in establishing the Community Development Financial Institutions (CDFI) Fund in 1994, is a certified CDFI intermediary, and a permanent member of the national CDFI Coalition.

About Posh AI

At Posh, we believe in democratizing access to banking and empowering financial institutions with the benefits of conversational AI. Posh offers Conversational AI solutions to allow financial institution contact centers and front lines to better serve their communities. Posh’s conversational AI (spanning voice and digital channels) alleviates call volume and long wait times in favor of warm, conversational customer self-service while allowing for 24/7 access to banking services and lead-generation opportunities without compromising VIP customer service. Posh Technologies was founded in 2018 by Karan Kashyap and Matt McEachern, based in Boston, Massachusetts. Posh has raised $36M in financing from leading fintech VCs like Canapi, JAM FINTOP, Curql, CUNA Mutual’s CMFG Ventures, as well as nearly 30 individual credit unions who have invested directly into Posh.