FinovateFall 2018 / Lomsy
Presenter Profile:
How they describe themselves: Lomsy is a disruptive credit access business that works through a regulated lender license promoting financial inclusion for low scored Americans. A systemic approach to financial inclusion using data and information.
Through our technology we are building bridges between capital and dreams. A better understanding of the underbanked and underserved people, based on a robust platform, it’s going to allow us to scale up a business model that is sustainable and profitable.
How they describe their product/innovation: Lomsy is an ecosystem designed for people with low credit scores, yet huge potential to be trustable for the System.
Our commitment with our clients obliges us to have a reliable environment through which the client will be evaluated on the basis of fairer criteria, not just on the basis of what traditional scorings determine.
All this within a quick process that allows our clients to apply for a loan in a matter of 5 minutes.
Product distribution strategy: Direct to Consumer (B2C)
Contacts
Bus. Dev.: Enrique Castro, CFO, ecastro@fraternitasllc.com, +1 (832) 491 9214
Press: José Ramón Pardinas, CMO, txerra@fraternitasllc.com, +1 (832) 312 2072
Website: lomsy.me
LinkedIn: linkedin.com/company/lomsy
Twitter: @lomsycredit
HQ: Houston, TX
Founded: May 2016
Product Demoed: Lomsy
Metrics: $0.5M in funding raised. 3 people currently and aiming to expand the team to 8-10 in the short term. Revenues around $160K per year.
Presenters: Enrique Huesca, CEO | Jose Ramon Pardinas, CMO | Enrique Castro, CFO
- Key Executives
Enrique Huesca (CEO & Co-Founder), Rick Guy (VP & Co-Founder), Kevin Tully (CTO), Enrique Castro (CFO), José Ramón Pardinas (CMO)
Key Stats
- Key Investors
Enrique Huesca (CEO & Co-Founder), Rick Guy (VP & Co-Founder)
- Key Advisory Board Members
Carlos Pérez Verdía (Chief of Staff of the President of Mexico, University of Chicago, PhD), Peter Robinson (Stanford University Professor & Hoover Institution Research Fellow)