[Regina, SK and Vancouver, BC, June 29, 2026] - Conexus Venture Capital is backing a Canadian fintech revolutionizing how entrepreneurs and small businesses get access to affordable capital.

Conexus Venture Capital’s CVC Fund #2 led a growth fundraising round in Vancouver-based JUDI.AI, a leading cash flow underwriting platform built for small business lending at credit unions, with participation from existing investors such as Unitus Community Credit Union in Oregon.

Access to credit for Canadian small businesses is a core element of Canada’s productivity and competitiveness strategy.

How it works

• Supporting many credit unions and community banks across Canada and the U.S., the JUDI platform has processed over $2 billion in small business loan applications.

• JUDI delivers a simple, low-friction borrower experience, which allows small businesses to apply for a loan and receive a decision in a matter of minutes.

• With a decade of performance data, the AI-enabled platform uses real-time bank transaction data and a proven cash flow model to quickly and effectively evaluate the creditworthiness of a small business borrower.

This latest capital injection further supports JUDI’s growth strategy, including North American expansion and product development.

This investment marks Conexus Venture Capital’s most recent fintech investment, with JUDI.AI joining credit-union focused portfolio companies such as Cyder and Coconut Software.

As an early adopter of JUDI.AI’s technology and an anchor limited partner in CVC, Conexus Credit Union understands the need to serve members at the speed of life. For many years now, Conexus’ small business members across Saskatchewan have already been benefiting from JUDI.AI’s innovation to get the loans they need faster, helping them focus on building their businesses and helping Conexus save time.

This investment demonstrates how a credit-union led venture capital fund backed by major credit union limited partners fuels fintech innovation and drives forward the Canadian credit union advantage. With a strong history of supporting entrepreneurs, these investments ensure credit unions continue providing an unmatched member experience.

Insights

“At JUDI, we’re not just selling a platform - we’re championing a methodology. We’ve learned that success in small business lending is more than just technology, but a holistic approach that blends people, process, technology and intentional growth.”

“Small business lending and credit unions are a perfect match. The small business lending market is changing rapidly, but we play a critical role in helping credit unions leverage their strengths, adapt and win. To have two existing clients choose to invest in JUDI, including one for the second time, is a testament to the strong relationships we’ve formed.”

Gord Baizley

CEO of JUDI.AI

“We believe credit unions and community banks can and should be the small business lending market leader. JUDI.AI’s impressive team, top-tier product and rapid expansion make this an opportunity we could not pass on. We are excited to back Gord and the JUDI.AI team as they help more credit unions win.”

Jordan McFarlen

Managing Director at Conexus Venture Capital

“Unitus is committed to investing in innovative solutions that help us better serve our members and communities. Our continued partnership with JUDI.AI reflects our belief that small businesses deserve faster, simpler access to capital so they can focus on growing, creating jobs and strengthening the local economy.”

Steven Stapp

President and CEO, Unitus Community Credit Union

For more information and to arrange interviews, please contact:

Michael Chmielewski
Media Relations Specialist | Conexus Credit Union
media@conexus.ca | 306-751-8201

About Conexus Venture Capital

Conexus Venture Capital (CVC) is an early-stage venture capital fund manager based in Saskatchewan. With a strong focus on backing the most ambitious builders in the Canadian prairies, the team currently manages $60 million in assets across two funds (CVC Fund #1 and CVC Fund #2). As an active investor, CVC often leads rounds, sets terms, syndicates deals and works closely with founders to accelerate growth. Learn more here.

About JUDI.AI

At JUDI.AI, we’re on a mission to transform small business dreams into vibrant communities by increasing access to capital. Our cash flow underwriting platform for small business loans enables community-based financial institutions to provide a fintech-like experience for small business loans. Combining the speed of consumer lending with the right amount of rigor from commercial lending, the JUDI platform uses permissioned bank transaction data and a domain-specific credit model to evaluate the creditworthiness of a small business based on a real-time view of its cash flow. We’ve helped our 50+ clients reduce friction and delight their business borrowers, streamlining the loan application and decisioning process from 7+ days to <10 minutes without the need to collect financial statements. Learn more here.

About Unitus Community Credit Union

At Unitus, we’re dedicated to improving lives in the communities we serve. As a member-owned local credit union, we invest in people by doing the right thing. Through partnerships with nonprofit organizations, we provide support for community groups through volunteerism and financial donations. Our 106,000 members count on us to serve them and their communities; our 300+ employees share that passion for service. Learn about the local impact Unitus makes by visiting unitusccu.com