• Fintech

Logix Announces Partnership with Plug and Play

SUNNYVALE, CA, March 22, 2022 - Logix announced today their partnership with global innovation platform, Plug and Play. Through this partnership, Logix will gain access to Plug and Play’s network of over 40,000 startups and 500 partners. Logix is looking to work with startups focused on back office automation, improving the loan application processes, digital payments, and omni-channel member service to better serve their customers and help move the needle in the banking industry.

"Logix Federal Credit Union is about smarter banking and providing unbelievable service to the members and communities that we serve. Our partnership with Plug and Play helps fast-track our innovation strategy, stay current on the latest industry trends, and connect with innovative start-up companies. Our goal is to make it easy to bank with Logix and work tirelessly toward our mission of helping our members thrive," said Edward Chuang, Chief Information Officer, Logix.

Plug and Play works closely with their partners to determine the best startups in their industry. These startups are looking to make positive change and increase efficiency using new technology. Together with Plug and Play, Logix will work one-on-one with these startups to evaluate possibilities for pilots, POCs, and other forms of collaboration.

Logix aims to make banking smarter, safer, and an overall better experience for their customers. By working with startups, they will be able to implement solutions quicker that benefit their entire community.

"Credit unions are seeing an overwhelming flow of new ideas, strategies, vendor solutions, and fintech tools, making it difficult to know which ones will actually deliver growth and impact for their institution. At Plug and Play our mission is to identify the most impactful partnership opportunities amongst our best-in-class startups. We work with emerging companies that are at the forefront of technology, bringing not just new ideas but also problem specific, ready-to-integrate and proven concepts and tools that our partners can test and evaluate. The partnership with Logix promises to be of great value for both sides when it comes to creating growth opportunities, exploring new markets and accelerating innovation measures. Serving one of the leading Credit Unions is a great honor for Plug and Play,” said Nadine Mühl, Director of Plug and Play Fintech.

For more information on how to get involved, please visit: www.pnptc.com/fintech

About Plug and Play

Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 35+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit www.pnptc.com