← Embedded Finance Index 2026

Lokyata

“Can AI-powered cashflow underwriting replace traditional credit scores as the primary decisioning layer for consumer installment lenders in underserved markets?”

Founded2017
HQCleveland, Ohio, United States
FoundersSanthosh Thiruthi, Charu Ramanathan
Total raised$1.5M
Latest roundSeed
IndustryInfrastructure / Lending
The story

Founded in 2017 as an AI-based credit scoring company, Lokyata evolved into a full 'Lead to Loan Smart Decisioning' platform for consumer installment lenders operating outside traditional credit scores. The company has progressively deepened its offering from basic scoring into a configurable workflow platform (XRV3) that spans lead screening, identity/fraud detection, cashflow underwriting via bank transaction analysis, and portfolio analytics. The embedded finance angle is as a B2B SaaS infrastructure provider — Lokyata does not lend itself but powers lenders with AI-driven decisioning tools integrated into their existing loan management systems.

Last 12 months
—
Product timeline
2017
Lokyata founded by Santhosh Thiruthi and Charu Ramanathan as an AI-based credit scoring solution for lenders.· lending
2023
Launched the XRV3 platform combining Lead Buy (identity/fraud/lead recommendation) and Bank Analyze (AI-powered cashflow decisioning engine) for consumer installment lenders.· lending
2024
Announced integration with DecisionLogic's Instant Bank Verification to connect verified bank statement data directly into the Bank Analyze cashflow underwriting engine.· lending
The stack
2 layers disclosed in Lokyata’s embedded-finance stack
Lending
Bank Analyze (AI cashflow decisioning engine)Lead Buy (AI lead screening)XRV3 platform (configurable loan decisioning and autofunding)
Open banking
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.