FIS Founder Spotlight | Diro

Posted on October 12, 2023
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The FIS Fintech Accelerator in partnership with the Venture Center brings bankers, subject matter experts, and financial service executives together with pre-vetted, market-validated fintech companies to advance the financial services industry. We are so excited to introduce you to an ongoing series of meetings with the incredible alumni of our accelerator, and the impact they’re making today in the fintech industry.

Why did you decide to join the program? 

We chose to participate in the program led by FIS and The Venture Center to meet and collaborate with their bank partners involved in the product to deepen our understanding of the banking industry needs, and FIS customers in particular. We were impressed by FIS and the Venture Center’s commitment to innovation, and excited to advance, together, small business lending through AI-powered solutions within the banking ecosystem.

What are you most excited about in the program?

We are enthusiastic about the opportunity to continuously engage with a wide range of bank executives. This allows us to keep a finger on the pulse of their evolving challenges, technological, and business gaps and further enhances our ability to deliver solutions that are impactful for banks and their business clients.

Why should banks be interested in learning more about your solution?

Given that small businesses constitute 99.9% of all U.S. businesses and contribute to nearly half of the national GDP, streamlining the lending process for both banks and business owners is imperative. Many banks continue to use labor-intensive manual processes, leading to internal inefficiencies as well as a poor customer experience.

Our solution is designed to:

  • Enhance lending efficiency and profitability across all loan sizes
  • Significantly expedite credit decision-making
  • Strengthen small business relationships in both credit and deposits
  • Broaden a bank’s credit offerings without incurring technological or credit risk
  • Importantly, allow banking staff to concentrate on relationship management rather than administrative tasks.

Lama AI not only offers a standalone web-based solution but also seamlessly integrates with leading core banking, loan origination, and other relevant systems to deliver a comprehensive end-to-end solution.

What are you interested to hear from the bankers?

We appreciate engaging with strategic bankers that couple a strong vision of the future with a deep sense of empathy for their business clients. This ensures that we build a customizable solution that delivers strong value to each bank and to their clients, solving a huge pain for all parties involved.

What is your favorite thing about your company?

In a growth-stage startup, each individual has a outsized impact and a strong sense of ownership. This cultivates a team of individuals who are innately driven, innovative, and committed to challenging the status quo. Above all, we prioritize a culture of mutual respect and dedication to our clients and the company’s mission.