Accounts opened before your coffee cools
Less than 10 minutes. That’s how long it takes to open a consumer or business account with Loquat.
Most community financial institutions average 11–15 business days for onboarding. Neobanks are converting those same prospects in under 10. The gap isn’t about size — it’s about infrastructure.
Here’s what closing that gap actually looks like:
- Live in weeks, not months
- 6 layers of parallel KYC/KYB fraud detection
- $0 in fraud losses
That last number stops people. Not because fraud isn’t attempted — but because layered detection closes the decisioning window before exposure occurs.
Community institutions have already earned the trust. Now the tools can match their standards.
What’s the biggest friction point your institution faces in account opening?
