Washington, D.C. (Sept. 16, 2022) — The Independent Community Bankers of America (ICBA) and The Venture Center celebrate this year’s Finovate Fall 2022 Best of Show winners, LemonadeLXP and Quilo, both of which were members of the 2022 ICBA ThinkTECH Accelerator cohort.
Finovate is a demo-focused conference series, which showcases innovative financial and banking technologies to senior financial and banking executives, fintech leaders and investors. Audience members voted to select LemonadeLXP and Quilo as two of six Best of Show winners.
“ICBA congratulates LemonadeLXP and Quilo on this well-deserved honor and commends their efforts to create community bank-focused solutions that reimagine the customer experience,” ICBA Chief Innovation Officer Charles Potts said. “It has been a privilege to work with these companies and watch their progression throughout the ICBA ThinkTECH Accelerator program. We wish them continued success in the future.”
LemonadeLXP is a digital growth platform that helps community banks and fintechs create training and support tools to grow their digital banking business and support digital banking customers.
“This has been an incredible year for LemonadeLXP,” said CEO John Findlay. “The ICBA ThinkTECH Accelerator’s collaborative approach allowed us to view our offering through the vantage point of community banks and refine our solution accordingly, and now this acknowledgment by Finovate further confirms our path forward to continued growth and evolution.”
Quilo, a digital lending platform for personal loans, also received the 2022 Bankers Choice Award at ICBA’s annual convention, ICBA LIVE in March.
“We are grateful for this recognition by Finovate and the feedback received throughout the ICBA ThinkTECH Accelerator program,” said Boris Fuzayloff, co-founder and CEO at Quilo. “This validation for our efforts to transform how loans are funded, means community banks can help even more Americans realize their financial dreams.”
“The Venture Center joins ICBA in congratulating LemonadeLXP and Quilo on their selection for this prestigious award,” said Venture Center’s Executive Director Wayne Miller. “It’s gratifying to see our alumni rewarded for their efforts to create workable solutions for the nation’s community banks and the customers they serve.”
For more information about the ICBA ThinkTECH Accelerator, visit icba.org/accelerator
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5.8 trillion in assets, over $4.9 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation, and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.
About The Venture Center
The Venture Center’s immersive accelerator programs are designed to accelerate the growth of early-to-late-stage companies and help validate their solutions for real-world problems. Our methodology provides a unique opportunity for early to growth stage fintech companies to connect with financial institution executives, receive investment, and learn from a comprehensive curriculum aiding in strategically addressing go-to-market, business, and finance challenges. Learn more at www.venturecenter.co. Follow The Venture Center on Facebook, LinkedIn, Twitter (@VentureCenter), and Instagram.