FinovateFall 2022 / QuickFi by Innovation Finance

Presenter Profile:

How they describe themselves: QuickFi allows business borrowers to initiate and complete equipment financing that previously took days or weeks, in minutes . . . from anywhere, and at any time. QuickFi uses facial-recognition, blockchain, AI and the latest mobile and cloud technologies to revolutionize the business equipment financing process. Using a mobile device, SMB borrowers can self-serve to obtain equipment financing in minutes. Global equipment manufacturers and banks can easily adopt the end-to-end, 100% digital, QuickFi platform to cut costs and dramatically improve UX.

How they describe their product/innovation: The QuickFi demo showcases how global original equipment manufacturers using QuickFi can onboard new business customers, authenticate and credit score the borrower, and complete a term financing transaction . . . all in about five minutes. QuickFi provides its OEM partners with a white-labeled, self-service mobile equipment financing platform, for less than one-third the cost of legacy systems, to facilitate faster equipment sales at a higher margin.

Product distribution strategy: B2B, Through financial institutions

Contacts:

Bus. Dev.: Bill Verhelle (Founder & CEO), bill@quickfi.com
Press: Joseph Vu (SVP Marketing), joe@quickfi.com


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