Elevator Pitch: Banking On It

01 Mar 2024

Elevator Pitch: Banking On It

Re: Marc Escapa Riera (MBA 2017); Andres Klaric (MBA 2017)

Topics: Entrepreneurship-General Finance-Financing and Loans Technology-Software

Illustration by Drue Wagner

Marc Escapa (MBA 2017)

Andres Klaric (MBA 2017)

Cofounders and co-CEOs, Fuse

Concept: Fuse makes it easier for lenders to tackle digital innovation, offering a next-gen loan-origination platform that simplifies lending for financial institutions through self-serve customization, a low-code API builder that allows lenders to integrate partners of their choosing, and personalized agent portals that provide effortless onboarding and department-specific dashboards.

The Why: The traditional loan-origination process is often bogged down by cumbersome procedures and outdated systems. By providing low- and no-code tools, Fuse hopes to empower business teams by expediting the origination process while fostering innovation and adaptability.

Heard:
“In a world where efficiency is key, Fuse has been instrumental in transforming the way financial institutions approach digital initiatives,” says Klaric.
“By bridging the gap between technology and functionality, we are not just providing a scalable tech solution; we are reshaping and reimagining the operating system for financial institutions.”

Status Update: Since its inception in 2022, Fuse has secured over $10 million in venture capital funding. Its strategic collaborations include leading US lenders that collectively hold more than $600 billion in assets.