DigiFi Digital Loan Origination System
DigiFi helps financial institutions digitize their loan and account opening workflows. It is designed for teams seeking a balance between no-code configuration and developer customization.
At a glance
- Category
- Finance & Accounting
- Best for
- Banks, Credit Unions, Lending Companies, Fintechs
- Pricing
- Pricing is usage-based, starting at $1,995/month for the Core plan. Higher tiers reach up to $14,995/month, with additional seats costing $95/month and application overages ranging from $0.10 to $0.50 per application.
- Key use cases
- Loan Origination, Bank Account Opening, Investment Account Setup, Automated Task Completion
- Integrations
- Docusign, Plaid, Experian, TransUnion, Equifax
- Official website
- digifi.io
DigiFi is a digital origination platform designed to handle the process of opening bank accounts and originating loans. It is built for financial institutions such as banks, credit unions, and lending companies.
The software provides two primary paths for setup: a no-code configuration interface for business users to test and deploy changes, and a developer toolkit for technical teams to build integrations and portals using APIs and SDKs. This allows firms to adjust their application workflows without writing new code for every change.
Beyond the basic origination flow, the platform includes a decision engine and AI Agents designed to help complete tasks automatically. As it is SOC 2 Type II compliant, it includes security controls like 2FA, SSO, and change logs to meet financial regulatory needs.
Buyers should evaluate their internal technical capacity, as the platform offers both templates and developer tools. They should also consider how their application volume fits into the usage-based pricing tiers.
Key Features
Tools that allow users to create, test, and deploy origination process changes without writing code.
A set of APIs, webhooks, an SDK, and an integration builder for extending platform functionality.
Generative AI tools designed to help automatically complete specific origination tasks.
Pre-built connections to credit bureaus, core banking systems, and identity verification vendors.
Customizable online portals for applicants and partners, supporting multiple languages.
SOC 2 Type II compliance with SSO, 2FA, and user permission management.
Use Cases
Supporting the application process for personal loans, auto loans, credit cards, and small business loans.
Digital onboarding for checking and savings accounts, including business banking.
Managing the opening process for brokerage, retirement, and HSA accounts.
Using AI agents to help complete manual origination tasks while maintaining staff visibility.
Best For
Integrations
Pricing
Pricing is usage-based, starting at $1,995/month for the Core plan. Higher tiers reach up to $14,995/month, with additional seats costing $95/month and application overages ranging from $0.10 to $0.50 per application.
FAQ
DigiFi is designed for banks, credit unions, lending companies, and fintechs that need to digitize their loan and account opening processes.
No, it offers no-code configuration tools for making and deploying changes, though it also provides a developer toolkit for those who want to build custom extensions.
It uses a usage-based model with tiers starting at $1,995 per month. Each tier includes a set number of team seats and monthly applications, with overage fees applied per application.
Source category: Finance & Accounting
Source subcategory: Loan Origination System
