Konduit

Konduit operates a peer referral network through which banks, credit unions, fintechs and affiliates exchange financial traffic. Member institutions refer customers they cannot serve — most notably applicants declined mid-application — to other members able to underwrite them. The company states the network handles more than 8 million referral matches per month and includes 50+ banks and credit unions and 30+ fintechs. Referrals carry bureau-grade demographic, credit, financial and lifestyle attributes rather than self-reported form fields, and the company positions the model as inherently fraud-resistant because it buys no media or third-party traffic.

Alongside the referral network, Konduit markets a no-code platform that lets community banks and credit unions onboard third-party fintech solutions without large upfront implementation costs or internal engineering resources. Institutions connect through a single API, choose pre-packaged or a-la-carte fintech apps, and configure branding, eligibility rules and rate grids through a self-serve cloud interface to deliver white-labeled digital experiences. The platform includes built-in integrations to 15 core banking systems including Fiserv, Jack Henry, MeridianLink and Temenos, and supports use cases such as delivering real-time pre-qualified consumer loan rates.

Partner categories on the fintech side span lead generators, data providers, technology providers for application, onboarding and servicing, alternative products such as BNPL and point-of-sale solutions, and alternative capital providers that fund bank turndowns. Named partners shown on the company's site include Citizens, Capital Bank and Republic Finance.

Business model

Konduit acts as an intermediary network rather than a media buyer: banks and fintechs join as members and exchange referrals of applicants they cannot serve, with fintechs acquiring customers from bank declines and affiliates monetizing traffic by routing it to member institutions. On the institution side, Konduit offers platform access with no upfront cost for enabling selected fintech solutions.

Published case studies frame value in terms of member economics — a personal finance fintech growing revenue by $1.3 million via personal loan referrals and a regional bank earning $1.5 million in fee income from decline referrals — indicating referral- and fee-based monetization across the network.

Traction

The company reports 8 million-plus referral matches per month, 50+ member banks and credit unions and 30+ fintechs, with named partners including Citizens, Capital Bank and Republic Finance. Cited use cases include a personal finance fintech adding $1.3 million in revenue, a regional bank earning $1.5 million in fee income from decline referrals, and a Series B credit-builder fintech growing acquisition fivefold. A testimonial is attributed to an EVP of Consumer at a mid-Atlantic bank with over $15 billion in assets.