A DIFFERENT APPROACH TO TECHNOLOGY PRICING
Technology shouldn't just cost less. It should help your credit union perform better.
Murmuration doesn’t charge software licence fees or upfront implementation costs.
Instead, we’ve built a commercial model around the banking, payments, treasury and other services delivered through the platform. It means our success is connected to yours, creating a platform designed not simply to reduce technology costs, but to help your credit union grow stronger.
Simple. Transparent. Aligned.
When your credit union succeeds, we succeed.
Murmuration generates income through services used across the platform, including banking, payments and treasury.
This includes banking-related income and a transparent share of the interest earned on eligible balances. It allows us to fund and continually develop the platform without relying on the large annual software licence fees traditionally associated with core banking technology.
And we’ll make the economics clear. Before your credit union commits, we’ll explain the commercial arrangements, where Murmuration generates revenue and any costs associated with the services you choose.
Talk to us about the model →
YOUR CREDIT UNION
uses ↓
MURMURATION PLATFORM
connects ↓
Banking
Payments
Treasury
Other services
The Bigger Picture
Removing software costs is only the beginning.
The value of Murmuration isn’t simply replacing several software bills with a £0 platform licence. By bringing more of the credit union together, Murmuration is designed to create value across the operation.
Reduce technology costs
Replace multiple systems with one connected platform and remove software fees.
Put more money to work
See cash more clearly and access treasury opportunities to improve returns.
Lend more confidently
Digital applications, Open Banking and better affordability insights support faster decisions.
Reduce losses
Better information and earlier intervention help reduce delinquency and credit losses.
Increase operational capacity
Connected workflows, self-service and automation give teams more time for members.
Grow membership
Digital onboarding and better services help you reach and serve more people.
Change The Economics
What could change with Murmuration?
More Than Software Savings
Help more of your credit union's money fulfil its purpose.
Murmuration is designed to help credit unions attract more members, make better-informed lending decisions and improve member engagement, creating opportunities to responsibly increase lending and put more of the credit union’s available funds to productive use.
MEMBER
DEPOSITS
Responsible lending
Generate loan income
Liquidity
Keep funds available for member needs
Treasury
Potential return on eligible balances
CREDIT UNION
REMAINS IN CONTROL
More members. More responsible lending. Better use of available funds.
All while the credit union retains control of its lending policies, treasury decisions and balance sheet.
An Illustrative Example
Imagine a 10,000-member credit union.
Today
Illustrative Year 5
Illustrative modelling only. This is a worked example based on planning assumptions, not a forecast, guarantee or representation of the results an individual credit union will achieve. Actual outcomes will depend on each credit union’s starting position, members, lending performance, balance sheet, services adopted and other factors.
Your Numbers, Not Our Assumptions
Build the business case around your credit union.
Every credit union starts somewhere different. That’s why we don’t think a generic savings calculator tells you very much. We’ll work with you to understand your current position and build a clearer picture of where Murmuration could create value.
Understand
Your members, deposits, lending, technology, suppliers and operating model.
Identify
Where fragmentation, unused capacity and unnecessary costs exist today.
Model
The potential impact across technology savings, lending, treasury, payments, efficiency and growth.
Explain
Exactly how Murmuration’s commercial model works and where we generate revenue.
Agree
A commercial and implementation approach appropriate for your credit union.
Straight Answers About Pricing
Frequently asked questions
Is there really no Murmuration software licence fee?
Murmuration does not charge a conventional software licence fee for the platform under the proposed commercial model. Instead, Murmuration generates revenue through services used across the platform.
Are there upfront implementation costs?
Under the proposed model, Murmuration does not charge an upfront implementation fee. Any exceptions or third-party costs relevant to an individual implementation should be identified and agreed before commitment.
So how does Murmuration make money?
Through commercial activity associated with services delivered through the platform, including banking, payments and treasury. This includes a transparent share of interest earned on eligible balances.
Does Murmuration take a share of our lending income?
This will be set out clearly as part of your commercial agreement before you commit, so you know exactly where Murmuration generates revenue.
Do we have to use every Murmuration service?
We’ll talk through which services are right for your credit union as part of building your proposal, so this matches your specific circumstances.
Are the financial returns guaranteed?
No. Every credit union is different, and financial outcomes depend on factors including member growth, lending demand, credit performance, interest rates, balances and the services adopted.
Murmuration isn't designed to be free because it does less. It's designed to create value in a different way.
Bring your technology together. Reduce unnecessary complexity. Put more of your resources to work. Serve more members. And create a stronger foundation for sustainable growth. Let’s look at what that could mean for your credit union.