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Credit Union Shopping Service Scores More Capital

CUShopper, The Credit Union Member's Shopping Network, has raised more than $16.6 million in additional capital, it says. The investment was led by venture capital firm J.H. Whitney & Co., as well as JenStar Partners, Youngtree Partners, Smart Technology Ventures and a number of private investors. Through its turnkey e-commerce solution, Burbank, Calif.-based CUShopper enables credit union members to purchase products such as computers, home...

Posted 01/19/2001Don DavisPost a comment

Adam Walker`s CUShopper links big-ticket merchandise with the means to pay for it

For all their differences, entrepreneurs possess what you might call a carpe diem sensor-a built-in knack for seizing not just any day but the right day, and before anyone else has a chance to act. Adam Walker’s sensor went off in 1997. E-commerce was barely a whisper on the lips of venture capitalists, but 27-year-old Walker saw an opportunity to marry its emergence with credit union financing. He realized that consumers shopping for big-ticket...

Posted 12/26/2000Don DavisPost a comment