Fintech

Meta Financial Group in Sioux Falls, S.D., agreed to sell $3.1 million of common stock to a group of existing investors and reached a separate agreement to issue prepaid cards for a business partner.

Credit Unions can no longer just send checks to their trade associations and state leagues and call it a day.

Prepaid card issuer Green Dot Corp. has launched a unit called Green Dot Shanghai Software Technology Co. in Shanghai, China.

Corporate Central CU here has launched InterLutions LLC, a CUSO focusing on business solutions for the credit union community, starting with health care services.

First Data has acquired a San Diego-based digital card distribution firm called Transaction Wireless Inc. (TWI), a company which, paired with First Data's 2014 purchase of Gyft, rounds out the company's gift card strategy.

Synchrony Financial in Stamford, Conn., has agreed to issue private-label cards on behalf of Newegg, an online retailer of consumer electronics.

Members of $175 million Air Line Pilots Association FCU, voted to merge into $1 billion Connexus Credit Union. The deal was effective July 8.

After receiving final regulatory approval, the merger of $1.4 million St. Patrick (Croswell) Credit Union into $396 million Security Credit Union began earlier this month.

CUNA and the World Council of Credit Unions are co-hosting the World Credit Union Conference and America's Credit Union Conference this week.