Birmingham, Ala.January 11, 2020  NXTsoft (, the market leader in secure, comprehensive and complete solutioning API connectivity, and Lokyota ( a company focused on delivering AIpowered digital credit solutions that scale, today announced a partnership for API connectivity.

Lokyata helps digital lenders grow and empowers traditional lenders to become digital lenders by using a repeatable approach to building a data strategy and executing it on a managed services AI-driven lending platform. They develop and deploy lending decision models, monitor them in real-time, then update them to ensure continued progress toward business goals, empowering lenders with stateofthe art, predictive analytics, customer engagement and customer financial profiles to provision fully automated loan underwriting in an easy to acquire, cost-effective solution.  

To make the digital lending process seamless for both the financial institution and its customers, Lokyata must connect its powerful solution to a financial institutionloan origination and management systems. That is where NXTsoft enters the picture. With over 25 years connecting Fintech companies and financial institutions, NXTsoft’s OmniConnect ( is the leading API connectivity solution completely focused on all aspects of connectivity between financial institutions and Fintech companiesOmniConnect offers the fastest and most cost-effective solution to enable Lokyata to connect its digital credit solution to any financial institution. 

Lokyata’s partnership with NXTSoft enables financial institutions to easily access all their disparate data across various systems and discover more attractive borrowers and ‘say yes’ more often by securely connecting any loan origination system to our AI-driven underwriting, data integration and analytics platform,” said Santosh Thiruthico-founder and CEO of Lokyata. “Lokyata’s experienced team and proven managed service platform help institutions increase approvals, lower defaults, and grow financial margins by analyzing both traditional and alternative data. The NXTSoft partnership allows any financial institution to quickly realize those benefits. 

The NXTsoft OmniConnect team is excited to work with Lokyata and remove the friction related to real time connectivity to all systems within a financial institution. Our clients will benefit immensely by having Lokyata’s AIdriven digital credit solution available in the NXTsoft API Marketplace,” said Rich Longo, president of NXTsoft’s data and connectivity division and chief strategy officer. 

About NXTsoft 

NXTsoft is headquartered in Birmingham and has offices in Orlando, Atlanta, and Denver. NXTsoft’s OmniConnect is the market leader in securecomprehensive, and complete workflow API connectivity, connecting Fintech companies to banks and credit unions throughout the United States. NXTsoft’s other solutions include data security, data analytics, data management and data migration. NXTsoft’s products and services help businesses secure, connect and optimize their data to maximize revenue opportunities, enhance profitability, and mitigate cybersecurity risk. For more information visit, email or call 1-800-915-3381. 

About Lokyata 

 Lokyata’s global headquarters is in Washington DC with offices in Europe, India, and Latin America to serve its world-wide customer base of banks, non-banking finance companies, credit bureaus, and fintech lenders. Lokyata’s deep lending and credit risk experience, combined with a robust data science practice, pragmatic approach to data strategy, and scalable AI-driven platform deliver measurable results in increased loan approval rates, lower default rates, and improved financial margins. For more information visit or email