A new capital markets solutions CUSO, Rhyze Solutions LLC, has launched with the backing of two co-founding partners: Allied Solutions and Everwise Credit Union, according to announcements from Rhyze and Allied Solutions on Nov. 13.
Although specific dollar amounts were not disclosed, Rhyze’s announcement stated that both partners made “multi-million dollar investments.”
“While we look forward to adding more credit union owners to the CUSO, we couldn’t be more excited to launch with the strategic partners of Allied Solutions and Everwise Credit Union,”
Rhyze Co-Founder and CEO Syd Libsack stated. “Beyond the size, scale and sophistication of these partners, the entire Rhyze management team is most energized about the philosophical alignment for how we will build long-term success that supports the industry. We are excited to launch this journey, building the premier capital markets platform that provides loan and liquidity solutions with scale and efficiency that are only achievable through the power of the network.”
