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 today.
QuickFi is an AI-powered embedded lending platform that supports automated equipment finance workflows for banks and equipment manufacturers. The digital, end-to-end platform enables business equipment loans and leases to be offered directly at the point of sale. The single, integrated QuickFi system supports the full financing lifecycle, including application, credit decisioning, documentation, funding, and ongoing servicing. Powered by agentic AI, QuickFi’s autonomous platform lets financial institutions scale efficiently while AI enables decisions and workflows to occur at the point of action, not after employee review.
QuickFi’s patented technologies span biometric authentication, driver’s license verification, KYC & KYB, facial recognition, AI process automation, advanced security, and mobile and cloud technologies. The platform connects to bank and manufacturer loan and accounting systems via API. Additional capabilities include onboarding, authentication, credit scoring, pricing, structuring, documentation, lien perfection, OFAC verification, compliance, customer service, billing, collections, early buyouts, and more.
QuickFi also helps prevent fraud and keeps banks compliant with bank-level security requirements. The white-labeled, bank-controlled platform allows financial institutions to maintain ownership of customer relationships with no interest or lease income retained by or shared with QuickFi. QuickFi only charges a small flat fee per booked transaction and for monthly loan servicing.
“QuickFi’s AI-powered embedded lending is transforming the operating model for the equipment finance industry,” said Steve Johansson, Managing Director, FinTech Breakthrough. “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.’”
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a wide range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and more. The 2026 program represents a milestone year, reflecting a decade of spotlighting the companies driving measurable innovation across the global financial technology ecosystem.
“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,” said Bill Verhelle, Founder and CEO of QuickFi. “
“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.”