Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Quilo is a New York based start up with 45 employees located across 10 time zones including the US, Europe and Asia, whose staff has developed financial products for JP Morgan, Deutsche Bank, Goldman Sachs, HSBC and others. They bring their global banking experience to empower financial institutions to do what has never before been possible: To digitally syndicate an individual loan with other lenders, which is revolutionizing how lenders can increase their loans to more people with less risk.

How they describe their product/innovation: Quilo is a digital, core-independent platform that empowers community financial institutions to offer personal loans, digitally onboard new borrowers, originate and service personal loans. The platform also allows a loan originating institution to syndicate an individual unsecured loan across multiple participating financial institutions at a point of underwriting in seconds and without any human involvement, which significantly reduces credit risk, improves approval rates and allows them to underwrite larger loans for a longer term.

Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms

Contacts:

Bus. Dev. & Press: Don Shafer (Co-Founder & Chief Evangelist) or Boris Fuzayloff (Co-Founder & CEO)