Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Loquat is a Miami-based fintech company founded by former banking executives, fraud specialists, and technology innovators. It offers a small business banking cloud platform that provides fast, secure digital banking solutions for financial institutions, enabling them to open business accounts, instantly issue cards, and underwrite loans. Its focus is on serving credit unions, regional banks, and community banks – with a particular emphasis on underserved small business owners from diverse backgrounds.

How they describe their product/innovation: Loquat’s Business Account Opening (BAO) solution is a digital platform that allows small businesses to open and fund accounts from any device. It delivers omni-channel continuity across web, mobile, and in-branch, with best-in-class identity verification and a backend lifecycle management portal that gives financial institution employees real-time visibility and application management tools. It eliminates paperwork, wait times, and multiple branch visits from the onboarding process.

Product distribution strategy: Direct to Business (B2B), Licensed

Credit Union/Community Bank Fit: Credit unions and community banks

Contacts:

Bus. Dev. & Press: John Gernhauser (Regional Head of Business Development & Client Success), [email protected], 214-621-6053