Interbank Contingent Liquidity Funding Exchange

What Interbank Contingent Liquidity Funding Exchange does

Interbank Contingent Liquidity Funding Exchange, LLC is a privately held, founder-led financial technology company headquartered in Miami, Florida (operating out of Coral Gables), that provides contingent liquidity funding solutions to FDIC-insured depository institutions and, more recently, credit unions. The company was founded in 2019 by Jorge Coloma, a long-standing figure in U.S. commercial banking and the originator of the brokered-CD market, and operates with a small team of fewer than ten employees.

The company's core product is a patent-pending reciprocal exchange system that connects FDIC-insured depository institutions into pairs that exchange Irrevocable Stand-by Letters of Credit, each backed by a one-year time deposit. Drawings on the letters of credit require dual CEO and CFO authorization and are triggered only during certified liquidity events, with the arrangement intended to be integrated into each institution's Contingency Funding Plan. The system is delivered through a dedicated Client Portal (portal.contingentfunding.com) and has been extended into a credit-union-specific variant aligned with NCUA standards for institutions ranging from $50 million to $5 billion in assets.

Commercially, the company runs an enterprise sales motion with quote-based engagement, scheduled consultations, and demos. Pricing is not publicly disclosed but is described as "extremely inexpensive" relative to traditional liquidity sources, and arrangements are structured as one-year renewable subscriptions. Revenue is generated through service fees associated with the setup, coordination, documentation, and ongoing management of reciprocal funding exchanges between participating institutions. The company has not disclosed external institutional funding and remains a private LLC.

Name

Interbank Contingent Liquidity Funding Exchange

Legal name

Interbank Contingent Liquidity Funding Exchange, LLC

Website

https://contingentfunding.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Interbank Contingent Liquidity Funding Exchange operates a patent-pending reciprocal exchange platform that connects FDIC-insured banks and credit unions to swap Irrevocable Stand-by Letters of Credit backed by time deposits, creating low-cost contingent funding arrangements for liquidity risk management.

Ownership category

akta.pro rank

Product category

Contingent Liquidity Funding

NAICS

Credit Intermediation and Related Activities (522)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro industry

PRIMARYFSAKAHAL

P2P Loan Syndication & Participation Platforms

Financial & Insurance/Lending & Consumer Finance/Peer-to-Peer (P2P) & Marketplace Lending

Keywords

• Contingent funding solutions
• Bank liquidity exchange
• Reciprocal letters of credit
• Credit union liquidity
• Liquidity risk management

Headquarters

HQ city

Coral Gables

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Contingent Funding Solutions: The company provides contingent funding solutions to FDIC-insured depository institutions and credit unions. Arrangements are structured as one-year renewable terms. Revenue appears to be derived from service fees associated with the setup, coordination, documentation, and ongoing management of reciprocal funding exchange arrangements between participating institutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

The company operates a patent-pending reciprocal exchange system that connects compatible FDIC-insured depository institutions into a funding network where participants exchange Irrevocable Stand-by Letters of Credit, each backed by a one-year time deposit. An adapted version of the same mechanism is offered to credit unions, aligned with NCUA standards. Participating institutions access and manage their arrangements through a dedicated web-based Client Portal, and funding is only drawn during certified liquidity events with dual CEO and CFO approval.

Product overview

Interbank Contingent Liquidity Funding Exchange offers a single, unified core product: a patent-pending reciprocal exchange system for contingent liquidity funding. The solution connects FDIC-insured depository institutions and credit unions into a network where participants exchange Irrevocable Stand-by Letters of Credit backed by one-year time deposits. Two versions exist — one for traditional banks and a separately branded Credit Union Contingent Funding Program adapted for the cooperative structure and NCUA framework. Both versions share the same underlying mechanism and are accessed through the Client Portal, which provides arrangement management and coordination capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Contingent Liquidity Funding Exchange Patent-pending reciprocal exchange system providing FDIC-insured financial institutions with Irrevocable Stand-by Letters of Credit backed by one-year time deposits, enabling contingent funding during certified liquidity events with dual CEO/CFO approval.
• Credit Union Contingent Funding Program Adapted version of the reciprocal exchange model specifically designed for credit unions, aligned with NCUA standards and the cooperative structure, providing contingent liquidity protection for institutions from $50 million to $5 billion in assets.
• Client Portal Web-based portal for participating institutions to manage their contingent funding arrangements, access documentation, and coordinate with partner institutions.

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• Treasury Prime: Banking infrastructure platform connecting fintechs and banks with deposit, payment, and treasury APIs — adjacent to the interbank liquidity infrastructure space with overlapping bank and credit union customers.
• Synctera: Banking-as-a-service platform enabling fintechs and community banks to launch and operate digital banking products — overlaps at the buyer level (community banks, credit unions) though focused on deposit and account infrastructure rather than contingent funding.
• Modern Treasury: Payment operations and treasury management platform for banks and fintechs — addresses overlapping treasury and liquidity workflows for financial institutions, though focused on payments rather than reciprocal contingent credit.

Direct peers

• StoneCastle Partners: Provides correspondent banking, deposit, and cash management services specifically designed to help community banks manage liquidity and funding risk — addressing an overlapping set of community-bank treasury and contingency funding pain points.
• IntraFi: Operates the CDARS and ICS reciprocal deposit networks that enable community banks and credit unions to access multi-million-dollar FDIC insurance and diversify funding — the closest network-based liquidity infrastructure analogue to Interbank's reciprocal Letter of Credit exchange.
• TIB (The Independent BankersBank): Independent bankers' bank offering correspondent banking, liquidity, and risk-management services to community banks across multiple states — comparable in serving smaller institutions' funding and liquidity infrastructure needs.
• First National Bankers Bank: A bankers' bank owned by community banks that delivers correspondent banking services including liquidity and funding products to its member institutions — a direct parallel for serving the liquidity needs of small and mid-sized banks.

Broad incumbents

• Q2 / Alkami: Digital banking platform serving community banks and credit unions with embedded liquidity, treasury, and account-holder experience tools — overlapping buyer base and adjacent functionality to liquidity management workflows.
• Federal Home Loan Banks (FHLB System): Government-sponsored liquidity providers that supply advances and contingent funding to member banks and credit unions. They serve the same institutional liquidity management need but as a large, established, balance-sheet-driven incumbent rather than a reciprocal exchange.
• Jack Henry & Associates: Major core banking and technology provider for community banks and credit unions with broad treasury, liquidity, and risk-management offerings — overlapping at the buyer level though not directly competing in the reciprocal LOC niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/interbank-contingent-liquidity-funding-exchange

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Interbank Contingent Liquidity Funding Exchange