Quontic will leverage Spiral’s platform to streamline donations and launch an innovative digital Impact Center that allows customers to view and track its environmental and community impact.
Spiral, the Impact-as-a-Service platform for financial institutions, announced a partnership with Quontic Bank, an innovative, digital-first, and customer-centric bank with a strong customer focus and a mission to change the banking landscape.
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“We are delighted to partner with Quontic Bank to amplify their community impact”
Together, they are launching a digital Community Impact Center for Quontic —an online portal that provides transparent visibility into Quontic Bank’s philanthropic activities and their significant contributions to society. The partnership enables Quontic Bank to impact communities nationwide and give back in the form of meals for children, nights under a safe roof for people in need, and trees for a greener planet.
By leveraging Spiral’s customizable platform, Quontic’s customers can instantly understand the bank’s community and environmental impact. The Impact Center will provide visitors with tangible impact and names of charities, allowing them to monitor and measure the positive changes that Quontic contributes to society, fostering a culture of purpose-driven action. Spiral seamlessly handles all the required underlying back-office operations, donation processing, compliance, and technical integrations with charities as part of the partnership.
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“We are delighted to embark on this partnership with Spiral,” said Robert Russel, President of Quontic Bank. “Spiral’s offering aligns perfectly with our value and mission of social good and giving back. Transparency is a key component of our mission, and our new Impact Center will enable us to showcase our community impact efforts and drive positive change on a larger scale by making an impact on our community and nationwide.”
The partnership between Spiral and Quontic Bank marks a significant step forward in leveraging technology for social and environmental impact. Together, they strive to revolutionize how financial institutions connect with communities and drive positive change on a broader scale while encouraging greater understanding, engagement, and participation in community development initiatives.
“We are delighted to partner with Quontic Bank to amplify their community impact,” said Shawn Melamed, CEO and Co-founder at Spiral. “Our technology and vast nonprofit giving network enables banks and credit unions to simplify donation processes and measure and visualize the impact of their actions, empowering them to make more meaningful contributions to their communities and engage customers and businesses through impact.”
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