IN THE NEWS: Venture Center portfolio company receives endorsement from ABA

Chris Rentner of Akouba presents his final pitch at the 2016 VC FinTech Accelerator Demo Day.

Chris Rentner of Akouba presents his final pitch at the 2016 VC FinTech Accelerator Demo Day.

Washington [February 13, 2017]  —The American Bankers Association – through its subsidiary the Corporation for American Banking – has endorsed the digital lending solution provided by Akouba, which provides community and regional banks with an origination and underwriting platform for small business loans. ABA members will receive preferred pricing. 

Akouba is transforming the way banks help business owners through a cloud-based, white-labeled technology that provides business lending quickly, accurately and profitably. Akouba’s business lending platform provides banks with leading edge technology that integrates the bank’s own unique credit policies into a convenient, online process—from application to documentation— all the way to closing and funding. The bank uses its own credit policies, originates its own loans and owns the entire brand and customer relationship.

Akouba was a member of the inaugural VC FinTech Accelerator – Empowered by FIS in 2016, in which The Venture Center brought 10 financial technology startups to Little Rock to participate in a rigorous 12-week accelerator program designed to fast track the growth of financial technology companies.

“The Venture Center’s relationship with FIS and the executives that came in to further validate our business model and bring real customers to us was a huge opportunity,”  said Rentner.

To learn more about Akouba’s digital lending solution, ABA will offer a free webinar on Wednesday, March 8 at 2:00 p.m. EST.  For more information on this and other endorsed solutions, visit www.aba.com/endorsed

View the article in it's entirety in Arkansas Money & Politics.