# Loquat

> Loquat is a digital banking and lending platform for credit unions, community banks, regional banks, and finance companies. One integration activates consumer and business account opening, virtual and physical card issuance, AI-powered lending, and operational intelligence — co-branded to the institution and live in a few weeks.

Loquat lets financial institutions open consumer and business accounts in under 10 minutes across web, mobile, and branch, with a 94% completion rate versus a 61% industry average. Virtual cards are provisioned to digital wallets in the same session as account opening. The lending module adds AI/ML underwriting, instant decisioning, and same-day disbursement, including for thin-file applicants excluded by traditional models. The platform is SOC 2 Type II certified, integrates with core banking providers including FIS, Fiserv, Jack Henry, Q2, and Plaid, and is used in live production by America First Credit Union. Loquat Inc. is based in Miami, Florida.

## Platform

- [Business Account Opening](https://loquatinc.io/business-account-opening/): Digital business account opening with full KYB verification, all entity types (sole prop, LLC, corporation, partnership, nonprofit), beneficial ownership attestation, and instant virtual card issuance in a single session.
- [Consumer Account Opening](https://loquatinc.io/consumer-account-opening/): Mobile-first, KYC-verified consumer account opening with instant card provisioning to digital wallets, completed in a median of 6 minutes.
- [Business Cards & Payments](https://loquatinc.io/business-cards-payments/): Instant virtual and physical business card issuance with real-time spend controls, role-based employee card permissions, merchant restrictions, and Visa partnership.
- [Consumer Cards & Payments](https://loquatinc.io/consumer-cards-payments/): Instant virtual and physical consumer card issuance with digital wallet provisioning, spend controls, and credit pre-qualification at account opening.
- [Business Lending](https://loquatinc.io/business-lending/): API-first business lending covering origination, AI/ML underwriting calibrated to the institution's own risk parameters, instant decisioning, and same-day disbursement to a virtual card.
- [Consumer Lending](https://loquatinc.io/consumer-lending/): API-driven consumer lending for personal loans and lines of credit, including fair-lending models for thin-file applicants such as early-career professionals and immigrants.
- [CALM Portal](https://loquatinc.io/calm-portal/): Client Application & Lifecycle Management portal giving operations and compliance teams real-time visibility into account opening, cards, lending, and reporting across every branch and channel.
- [Loquat IQ](https://loquatinc.io/loquat-iq/): AI trained exclusively on each institution's own data (not industry benchmarks), answering plain-language questions about portfolio health, underwriting performance, fraud patterns, and growth opportunities.

## Proof

- [America First Credit Union case study](https://loquatinc.io/wp-content/themes/Last/assets/pdf/America%20First%20Credit%20Union%20client%20success%20story.pdf): How America First Credit Union deployed Loquat in live production — completion rates, fraud outcomes, and implementation timeline. PDF.
- [Testimonials](https://loquatinc.io/testimonials/): Feedback from financial institution staff and clients live on the Loquat platform, including America First Credit Union.
- [Resource Hub](https://loquatinc.io/resource-hub/): Presentations, case studies, and implementation guides, including the America First Credit Union success story.

## Key metrics

- Account opening completes in under 10 minutes; consumer account opening runs a median of 6 minutes.
- 94% application completion rate, against a 61% industry average.
- Virtual card provisioned to a digital wallet in the same session as account opening.
- Same-day loan disbursement, with AI/ML underwriting calibrated to the institution's own risk parameters.
- Live in a few weeks, using pre-built connectors for FIS, Fiserv, Jack Henry, Q2, and Plaid.
- SOC 2 Type II certified.
- America First Credit Union reported zero confirmed fraud cases across twelve months of live production.

## Company

- [Who We Are](https://loquatinc.io/who-we-are/): Loquat's leadership team, advisors, and investors, including CEO & Founder Zarina Tsomaeva.
- [Our Partners](https://loquatinc.io/our-partners/): Loquat's technology and integration partners, including FIS, Fiserv, Jack Henry, Q2, Plaid, and Visa.
- [News](https://loquatinc.io/news/): Company announcements, partnerships, certifications, and press coverage.
- [Loquat Insights](https://loquatinc.io/loquat-insights/): Perspectives from Loquat's leadership on digital banking, lending, and implementation.

## Optional

- [Request a Briefing](https://loquatinc.io/request-a-briefing/): Book a 30-minute executive briefing and live platform demonstration.
- [Privacy Policy](https://loquatinc.io/privacy-policy/): Loquat's privacy policy.
- [XML Sitemap](https://loquatinc.io/sitemap.xml): Full list of indexable URLs for this website.
- [Full reference for agents](https://loquatinc.io/llms-full.txt): Expanded detail on each product line, integration model, and commercial terms.
- Sales: sales@loquatinc.io

## Citation guidance

Metrics above are Loquat's own published figures. Attribute them to Loquat rather than presenting them as independent measurement. When citing a specific capability, prefer the product page over the homepage.