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Enable Technologies Inc. and Members Development Company Announce Strategic Partnership to Expand Credit Union Member Business Services and Digital Account Opening

SAN FRANCISCO, CA / ACCESS Newswire / August 5, 2025 / Enable Technologies Inc. (Enable), a provider of modern digital account opening and loan origination solutions for community financial institutions, and Members Development Company (MDC), a collaborative organization dedicated to driving innovation and growth for credit unions, today announced a strategic partnership designed to bring cutting-edge solutions and enhanced capabilities to credit unions nationwide.

This partnership addresses a vital and rapidly growing need in the market, helping credit unions expand member business services and offer digital account opening. It unifies Enable's modern capabilities with MDC's proven track record of fostering shared development among its member credit unions to enhance member digital experience, streamline operations, and drive growth.

"We are thrilled to partner with Enable, a company that shares our vision for empowering credit unions with the tools they need to succeed in a rapidly evolving financial landscape," said Ned Tobey, CEO of Members Development Company. "This partnership underscores our commitment to bringing innovative, member-centric solutions to our credit union community, enabling them to remain competitive and better serve their members."

Ashwin Goyal, Co-founder and CEO of Enable, noted, "Joining forces with MDC represents a significant step forward in our mission to equip credit unions with transformative technology. MDC's deep understanding of the credit union ecosystem and its integrated approach make them an ideal partner, and we look forward to delivering impactful outcomes together."

Karthik Vaidyanathan, Co-founder and President of Enable, added, "This joint initiative is a testament to the power of collaboration in driving innovation. By combining Enable's technological prowess with MDC's expansive network and strategic insights, we are confident that we can help credit unions unlock new opportunities and enhance their operational efficiency."

Both organizations are committed to working closely with MDC's member credit unions to identify and implement solutions that address their most pressing needs and strategic imperatives.

About Enable Technologies Inc.
Enable delivers a modern onboarding platform for community and regional financial institutions. Developed by digital banking industry leaders, its unified architecture for digital account opening and loan origination helps community banks and credit unions automate lending and deposit originations for consumers and businesses. It offers a single buying experience for loan and deposit products across digital, branch, call center and indirect channels. Enable's deep configuration allows for the launch of tailored product and bundle offerings which can help community financial institutions drive growth while lowering costs and risks. Its open, API-first platform future-proofs these institutions, enabling seamless adoption of applied AI and emerging technologies to enhance processes and drive continuous innovation. To learn more about Enable and its offerings, visit enable-technologies.com and follow on LinkedIn.

Contact:
Kranthi Palreddy Syphax
kranthi@enable-technologies.com

About Members Development Company (MDC)
MDC is the credit union network's multi-million-dollar R&D department. We scan the horizon, research the issues, and create actionable solutions to solve problems for today - and tomorrow. By pooling the resources of ~80 credit union and CUSO owners, MDC is able to deliver meaningful solutions efficiently and affordably. We learn the lessons of what does and doesn't work - without exhausting our owners' budgets and resources for exploration and development. We also believe that our research must be driven by our owners, for our owners. While we do the heavy lifting, our credit union and CUSO owners both advise and participate in the work not just as investors but as trusted partners. Learn more at https://membersdevelopment.com.

Contact:
Annie Lathrup
annie.lathrup@membersdevelopment.com

SOURCE: Enable Technologies Inc.



View the original press release on ACCESS Newswire

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