Loquat Inc.
Loquat Inc. is a Miami-based fintech that provides an API-first banking orchestration platform for credit unions, community banks, and finance companies, covering account opening, digital lending, cards, and AI-driven analytics (Loquat IQ).
- Company typePrivate
- Founded2018
- HeadquartersMiami, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Loquat Inc. does
Loquat Inc. is a Miami-based fintech founded in 2018 that builds a banking orchestration platform for regulated financial institutions, including credit unions, community banks, regional banks, and finance companies. The platform is API-first and SOC 2 Type II certified, with pre-built connectors to core banking and data systems from FIS, Fiserv, Jack Henry, Q2, and Plaid, enabling FIs to deploy consumer and business account opening, cards and payments, and digital lending capabilities without rip-and-replace core migrations. Its proprietary Loquat IQ engine layers AI-driven insights, underwriting, fraud detection, and member analytics on top of the orchestration stack, with institution-isolated models that train on each FI's own data. A CALM Portal (Client Application & Lifecycle Management) provides FIs with operational control over member-facing workflows.
Loquat monetizes through a three-part pricing model: one-time integration fees, annual platform subscriptions, and usage-based transaction fees tied to payment, lending, and onboarding volume. Its go-to-market is a combination of direct enterprise sales to mid-sized FIs (anchored by reference customer America First Credit Union, which has 1.4M+ members and 115+ branches) and channel partnerships. In October 2025, Loquat joined the Q2 Partner Accelerator; in March 2026, it signed distribution agreements with Allied Solutions (access to 6,000+ FIs) and Onsetto (activation infrastructure), positioning the company for accelerated channel-driven scaling. The company is privately held with no disclosed funding rounds and headcount in the 11-50 range, suggesting it has been bootstrapped or funded privately to date.
Loquat Inc. firmographics
Firmographics- Name
- Loquat Inc.
- Legal name
- Loquat Inc.
- Website
- https://loquatinc.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Loquat Inc. is a Miami-based fintech that provides an API-first banking orchestration platform for credit unions, community banks, and finance companies, covering account opening, digital lending, cards, and AI-driven analytics (Loquat IQ).
- Ownership category
- akta.pro rank
Loquat Inc. industry classification
Industry- Product category
- Digital Banking Platform
- NAICS
- Software Publishers (5132)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)
- akta.pro secondary industries
- Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD), Credit & Overdraft Enablement (Credit Lines, Underwriting Integrations) (FSAGAAAJ), SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI)
Keywords
Where Loquat Inc. is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Loquat Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Enterprise Integration Fee: One-time integration fee for connecting Loquat's platform to the financial institution's core banking systems. Covers implementation, AI-powered system mapping, sandbox validation, and deployment.
- Annual Platform Fee: Recurring annual license fee for access to the full platform capabilities including account opening, cards, lending, CALM Portal, and Loquat IQ.
- Transaction Fees: Usage-based fees calculated on transaction volume (account openings, loans originated, cards issued). Aligns pricing with digital adoption and growth metrics.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Enterprise integration fee for initial deployment |
| Subscription | Annual | Annual platform subscription |
| Usage-based | Monthly | Usage-based transaction fees |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Loquat Inc. product offering
Product offeringCore offering
Loquat Inc. sells an API-first, modular cloud banking platform that enables financial institutions to open consumer and business accounts, issue virtual and physical cards, originate consumer and business loans with AI-powered underwriting, and manage the full client lifecycle through the CALM Portal and Loquat IQ analytics engine. The platform is sold primarily to credit unions, community banks, regional banks, and finance companies in North America, with pre-built connectors to major core banking systems (FIS, Fiserv, Jack Henry, Q2) and Plaid for open banking data.
Product overview
Loquat offers a unified cloud banking platform for financial institutions with four integrated product lanes: account opening, cards and payments, lending, and back-office intelligence (CALM). The platform operates as a modular system with all four product areas available through a single API integration. Core products include Business Account Opening and Consumer Account Opening (for digital onboarding with KYC/KYB verification), Business Cards & Payments and Consumer Cards & Payments (for virtual card issuance and payment controls), Business Lending and Consumer Lending (for AI-powered origination and underwriting), plus the CALM Portal (for operational management and compliance) and Loquat IQ (for AI-driven analytics). The platform is SOC 2 Type II certified, co-branded to each institution's identity, and deploys in weeks rather than months.
Differentiator
Problem solved
Functional benefit
Brands
- CALM Portal: Client Application & Lifecycle Management Portal providing real-time visibility into consumer and business account opening, cards, payments, and lending activities for financial institution operations teams.
- Loquat IQ
Products and services
- Business Account Opening Digital business account opening with instant KYC, KYB, and AML checks supporting all entity types (sole proprietorships, LLCs, corporations, partnerships, nonprofits), verified and funded in a single digital session. Includes virtual card issuance and omni-channel continuity across mobile, web, and branch for financial institutions and their business clients.
- Consumer Account Opening Mobile-first KYC-verified consumer onboarding with card added to digital wallets within the same session. Includes automated identity verification with 6+ fraud detection layers and support for checking, savings, money market, and CD accounts for financial institutions' consumer clients.
- Business Cards & Payments
- Consumer Cards & Payments Virtual debit and credit card issuance at moment of account opening with real-time spend controls and digital wallet provisioning. Includes credit pre-qualification during onboarding with no impact to credit scores for financial institutions' consumer clients.
- Business Lending
- Consumer Lending
- CALM Portal
- Loquat IQ
Quantifiable outcome
- 400% increase in online applications within first month
- +5 more outcomes
Companies that use Loquat Inc.
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Loquat Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability9 records
Feature7 records
Loquat Inc. partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, core and supporting.
- Allied SolutionsflagshipStrategic partnership to deliver end-to-end digital onboarding and lending across Allied's network of 6,000+ financial institutions. Loquat's modular platform enables consumer and business account opening, automated lending, virtual card issuance, and back-office workflow management. Accounts can be opened digitally or with branch assistance. Immediately available to Allied's clients.
- OnsettocorePartnership connects Loquat's omnichannel business account opening platform with Onsetto's structured activation infrastructure. Onsetto systematically migrates payroll, receivables, and payables to turn new accounts into primary operating relationships. Takes institutions from first click to primary operating relationship without requiring core or digital banking replacement.
- Q2coreIntegration with Q2's Digital Banking Platform via Q2 Partner Accelerator Program. Financial institutions can deploy Loquat's BAO and CALM Portal through Q2's marketplace. Enables small businesses to open and fund accounts in under 3 minutes while empowering employees with centralized queue management and application decisioning.
- PlaidcorePartnership brings open banking connectivity to credit union and community bank customers. Plaid's APIs enable secure account linking, real-time financial data access for credit decisioning, account verification, and identity confirmation. Facilitates efficient fund transfers for new account openings, reducing attrition from funding delays.
- VisacoreStrategic technology partnership with global payment network. Visa enables instant card issuance, tokenization, and digital wallet provisioning for consumer and business clients through Loquat's platform.
- FIScoreCore banking integration enabling seamless data exchange between Loquat's onboarding platform and financial institutions running FIS core systems. Pre-built connector eliminates custom development.
- ChexSystemssupportingRisk and identity partner providing consumer identity and risk data. Powers one of Loquat's 6+ fraud detection layers during account opening and onboarding workflows.
- America First Credit UnioncoreOne of the first community financial institutions to deploy Loquat in production. Digital business account opening with strong early adoption. Reference customer sharing testimonials and case study results including 400% increase in applications and doubled digital adoption.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Loquat Inc. competitors and assessment
Company assessmentDirect peers
- Mambu: Mambu is a cloud-native core banking and lending platform that enables banks, lenders, and fintechs to launch deposit, lending, and card products via APIs. Like Loquat, it serves financial institutions seeking modern digital infrastructure without multi-year legacy replatforming, with similar composable architecture.
- nCino: nCino provides a cloud banking operating system spanning account opening, lending origination, and portfolio management for banks and credit unions. It directly competes with Loquat's unified account-opening-plus-lending platform for community financial institutions.
- Thought Machine: Thought Machine's Vault core banking platform enables banks to run deposit, lending, and card products on cloud-native infrastructure. It competes with Loquat at the cloud-orchestration layer serving banks modernizing off legacy cores.
- Nymbus: Nymbus delivers a full-stack digital banking platform (core, digital, payments) targeted at community banks and credit unions. Like Loquat, it focuses on serving smaller FIs that need modern digital infrastructure without large in-house IT teams.
Broad incumbents
- Temenos: Temenos is a large established vendor of core banking, lending, and digital onboarding software used by hundreds of banks worldwide. It competes with Loquat's broader banking-orchestration pitch from an incumbent core-banking position.
- FIS: FIS is a global core banking and financial technology provider (FIS, IBS, etc.) whose platforms many Loquat customers run on. FIS is both a partner (via Loquat's pre-built connector) and a competitive incumbent that could embed comparable digital onboarding and lending functionality.
- Fiserv: Fiserv is a major U.S. core banking, digital banking, and payments processor whose DNA, Output Solutions, and Finxact platforms serve many of the same credit unions and community banks Loquat targets. It is both a partner (pre-built connector) and a potential competitor building similar digital journeys.
- Jack Henry: Jack Henry & Associates provides core processing and digital banking (Jack Henry Digital, Banno) to thousands of U.S. community banks and credit unions. It is a Loquat integration partner but also a competitor with its own digital onboarding and lending roadmap.
- Q2 (now part of Q2 Holdings): Q2 provides a widely deployed digital banking platform used by hundreds of FIs and hosts Loquat's BAO and CALM Portal via its Partner Accelerator marketplace. Q2 is both a distribution channel and a potential competitor for end-to-end digital banking journeys.
Emerging players
- Synctera: Synctera offers a banking-as-a-service platform connecting fintechs and brands to partner banks for embedded deposit, card, and lending products. It overlaps with Loquat in the embedded-finance / deposit-account-infrastructure layer, though with a different buyer (fintechs rather than incumbent FIs).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Loquat Inc. social profiles
Digital presenceLoquat Inc. compliance and trust
Trust signalCompliance1 record
Loquat Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Loquat Inc. leadership team
Management profileNumber of profiles
Profiles9 records
Loquat Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Loquat Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Loquat Inc.
What does Loquat Inc. do?
Loquat Inc. sells an API-first, modular cloud banking platform that enables financial institutions to open consumer and business accounts, issue virtual and physical cards, originate consumer and business loans with AI-powered underwriting, and manage the full client lifecycle through the CALM Portal and Loquat IQ analytics engine. The platform is sold primarily to credit unions, community banks, regional banks, and finance companies in North America, with pre-built connectors to major core banking systems (FIS, Fiserv, Jack Henry, Q2) and Plaid for open banking data.
Is Loquat Inc. a public or private company?
Loquat Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Loquat Inc. founded?
Loquat Inc. was founded in 2018. It employs 11 to 50 people.
Where is Loquat Inc. based?
Loquat Inc. is headquartered in Miami, United States, in the North America region.
How does Loquat Inc. make money?
Three revenue lines are on record. Enterprise Integration Fee is the primary driver. The others are annual Platform Fee and transaction Fees.
Who are Loquat Inc.'s main competitors?
Direct peers on record are Mambu, nCino, Thought Machine and Nymbus. Broad incumbents are Temenos, FIS, Fiserv, Jack Henry and Q2 (now part of Q2 Holdings). Synctera is listed as an emerging player.
Does Loquat Inc. have an API?
Yes. Loquat is built on a modern API-first architecture, allowing for flexible and scalable integrations with fintech tools, core banking systems, and third-party data services. The platform provides pre-built connectors for FIS, Fiserv, Jack Henry, Q2, and Plaid. Financial institutions can deploy through a single API integration. The platform supports sandbox validation before go-live. Developer documentation is at loquatinc.io/request-a-briefing.
What industry is Loquat Inc. in?
Loquat Inc.'s product category is Digital Banking Platform. Its primary akta.pro industry code is FSAGALAE, Embedded Deposit Accounts & Digital Wallet Infrastructure, with a secondary code of FSAGALAD, Embedded Lending & Credit (POS, Working Capital, Credit Lines). Its NAICS code is 5132 and its SIC code is 6163.