FinovateSpring 2024 / BaaSFlow
Presenter Profile:
How they describe themselves: BaaSFlow offers a hosted core banking system that enables loan management, current accounts, savings accounts, and payments. As a team, they started with a simple premise, that banking systems are, or should be, closer to a flexible and scalable commodity than a bespoke suit. For a large market cap player BaaSFlow replaced their existing core system and they are now processing thousands of new loans per second, and about 500K per day. For a new bank BaaSFlow created a complete digital solution in the cloud, fully compliant with instant payments.
How they describe their product/innovation: Kenu includes flexible loan capabilities and can integrate into a credit union for innovative products, including Buy Now Pay Later, or green tech lending. Their capabilities include payments integration and core banking flexibility.
Product distribution strategy: Through financial institutions, Through other fintech companies and platforms
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev.: Larry Meyers (VP Sales), larry.meyers@baasflow.com
Press: James Dailey (CEO), james.dailey@baasflow.com, 206-234-8435