Constellation Expands Ecosystem with Its Groundbreaking Dark Sky Ventures Program

Top Quote Constellation announces it's new program, Dark Sky Ventures, which is a program that enables Constellation's partner credit unions to collaborate on the development and negotiation of service provider relationships. End Quote
  • Raleigh-Durham-Chapel Hill, NC (1888PressRelease) February 25, 2020 - Constellation Digital Partners, is pleased to announce its innovative new program, Dark Sky Ventures. The program is designed to enable Constellation’s partner credit unions to collaborate on the development and negotiation of service provider relationships. Dark Sky is further evidence of the continued evolution of Constellation’s capabilities and growth potential.

    Constellation made history in 2017 by disrupting the encumbering legacy structure of credit union relationships with fintech providers. With the launch of Dark Sky today, Constellation makes history again by enabling credit unions to join forces to jointly develop, purchase, and invest in services with a higher level of influence – a unique initiative that’s never been explored before.

    Credit union collaboration through Dark Sky Ventures will encompass joint requirements gathering, assessment of build versus buy opportunities, custom development initiatives, and the negotiation of group buying deals to include investment opportunities. Credit unions that participate will equally fund Dark Sky Ventures and have access to take advantage of any opportunities that emerge from the collective efforts.

    “Credit unions have more power together than they do individually. We’re setting the stage for credit unions to acelerate their adoption of new competitive technologies for their members when they participate in Dark Sky,” said Constellation Manager, Strategic Partnership, Dawn Sirras. “Dark Sky is also greatly beneficial and efficient for our fintech partners as they will now have a single point of contact to move multiple projects forward. Our fintechs are highly motivated by Dark Sky to meet diverse service needs across several credit unions at once – it’s a win-win for both parties.”

    Dark Sky demonstrates Constellation’s commitment to supporting its fintech partners as they bring new and innovative solutions to market. Through Dark Sky, the beneficial capabilities of the Constellation Platform are even more accessible to promising fintech companies. Gainful opportunities emerge from Dark Sky that spur the activation of fintech partners to deliver innovative, scalable services to credit unions in a timely manner. Most importantly, Dark Sky empowers Constellation’s fintech partners to bring services to fruition much faster, while simultaneously opening the door to new business opportunities.

    “Dark Sky is a demonstration of Constellation’s endless possibilities,” said Constellation CEO and Founder, Kris Kovacs. “We continually evolve our ecosystem to address issues that inhibit credit union delivery of innovative digital solutions. One of our goals with Dark Sky is to bridge the opportunity gap that exists between fintechs and credit unions. This will enable them to work together, while advancing the content available in the Constellation Platform, and expanding digital service offerings to members. Dark Sky helps us continue to move credit unions forward competitively.”

    About Constellation Digital Partners, LLC
    Constellation provides a patented, secure and flexible cloud-based marketplace that enables upper to mid-tier credit unions and innovative app developers to provide safe, reliable, and next-generation digital financial service experiences while giving the freedom to compete, innovate, and thrive in the financial services industry. Constellation redefines what credit unions offer, delivering digital financial services in a way that enables them to place members at the center of their business strategy. Visit www.constellation.coop to learn more. And, connect with Constellation on Twitter, Instagram ( ( @ ) ConstellationDP), Facebook and LinkedIn.

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