This financial technology startup helps small banks keep pace with technological advances in the banking industry, without these small banks having to pay high prices. Their model is revolutionary because the mortgage and loan application is solely online and only takes fifteen minutes to fill out, which is substantially quicker than the current paper-based process. Customers can access their application at anytime to get real-time information about their loan or mortgage and directly talk to a financial advisor.

Small banks are facing revenue challenges, insufficient loan demands, budget constraints, and the need for technological innovation. Small banks have lost the market share to larger banks over the last few years. They have a hard time matching up to the technological advances that larger banks make due to budget constraints. A partnership with Zikher would help small banks address these challenges at an affordable price.

“Current mortgage process is highly inefficient and leaves customers frustrated. Zikher's service can help us save time and immensely increase the efficiency,” says Tyrone Tobias, Vice President at Union Bank. “Zikher's service can remarkably speed-up the lending process by building a real-time digital pipeline,” adds Freddy Beamen, Vice President at City National Bank. “This will overly increase efficiency and help us process more mortgages.”

Small banks that partner with Zikher will see a rise in demand of loans, due to the fact that the process is quicker, easier, and more efficient. Small bank customers used to be in the dark without up-to-date information about their loan status. Zikher solves this issue by giving customers loan information in real-time. With simple and affordable implementation, Zikher aims to disrupt the industry and help level the playing field for small financial institutions.