What makes Loquat’s card offering different from traditional debit and credit cards?

Loquat seamlessly integrates with your financial institution’s existing core systems and digital banking platforms to enable instant virtual debit card issuance at the moment of account opening. Our platform also supports real-time tokenization, allowing you to provision cards to Apple Pay, Google Pay, and other wallets immediately — driving instant engagement and top-of-wallet status from day one.

It’s considered best practice to issue a debit card at the time of account opening to increase activation rates and client stickiness. With Loquat, your clients can start transacting within minutes, while your financial institution benefits from enhanced interchange revenue, higher product adoption, and improved digital engagement.

Our cards are purpose-built for consumer and business use, offering flexible controls, role-based permissions, and robust security features — far beyond the limitations of traditional consumer card programs.

In addition to instant debit card issuance, Loquat enables your financial institution to offer credit card pre-qualification during account onboarding — helping you identify eligible clients early in the relationship. With no impact to credit scores, clients can view tailored credit offers within minutes, boosting engagement, deepening wallet share, and accelerating product adoption from day one.