Loquat Inc., a fintech innovator enabling banks and credit unions to offer smart consumer and business banking, and Allied Solutions, one of the largest providers of insurance, lending, risk management, and data-driven solutions to financial institutions in North America, today announced a strategic partnership to deliver end-to-end digital onboarding and lending across Allied’s network of financial institution clients.
Through the partnership, Allied’s network of banks and credit unions will gain access to Loquat’s modular platform — enabling frictionless consumer and business account opening, automated lending, virtual debit and credit card issuance, AI-driven strategic insights, and back-office workflow management. Accounts can be opened fully digitally or with branch assistance, delivering a true omnichannel experience for customers and members.
“Financial institutions are under pressure to compete digitally without losing the personal touch that sets them apart. Loquat gives our clients both — a modern, frictionless onboarding and lending experience for their customers and members, with the flexibility to bring in branch staff when it matters. This is exactly the kind of partnership that helps our clients grow.” — Mark Bugalski, EVP & Chief Growth Officer, Allied Solutions
“Allied Solutions reaches financial institutions that are ready to move — and their clients deserve a banking experience that matches how they live and work. Together, we can make omnichannel digital banking the standard, not the exception, for community banks and credit unions across the country.” — Zarina Tsomaeva, CEO and Founder, Loquat Inc.
