QuickFi by Innovation Finance has been selected as the winner of the “Open Banking Innovation Award” in the 10th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market.
“QuickFi’s AI-powered embedded lending is transforming the operating model for the equipment finance industry,” Steve Johansson, managing director of FinTech Breakthrough, said. “By enabling borrower self-service and automating core lending workflows, QuickFi helps reduce operational complexity for partners while giving businesses greater visibility and control throughout the financing process. We’re pleased to recognize QuickFi with the ‘Open Banking Innovation Award.’”
Bill Verhelle, founder and CEO of QuickFi, said, “Value creation is shifting upstream. Sales-enablement is yesterday’s strategy. AI-powered systems of action that put borrowers online (from application to final payment) are the future. QuickFi orchestrates workflows, interacts directly with business borrowers, and triggers systems of record, rather than the reverse. We’re honored to receive this prestigious award from FinTech Breakthrough. Our platform benefits small and medium-sized business (SMB) borrowers by bringing them online and enabling banks to serve them directly. As we reduce lending costs, we enable more creditworthy SMBs to directly access bank financing, improving loan availability and pricing for the small and medium businesses that drive the US economy.”
