# Salus Fintech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/salus-fintech

- Industry: Financial Services
- Headquarters: Charlotte, US
- Website: www.salusfintech.com/
- Latest round: Seed (Oct 31, 2023)
- Investors on record: 1

## About

Based in North Carolina, US, and founded in 2020 by co-founders James Chemplavil (CEO) and Ryan Barrett (CTO), Salus Financial Technology Inc., doing business as Salus Fintech, operates as a provider of a digital underwriting platform that facilitates automated microlending by credit unions to individuals, focusing on improving financial inclusion and stability. In October 2023, Salus Fintech raised an undisclosed amount of seed funding from Alumni Ventures Group.

The company provides a digital underwriting platform that offers automated microlending solutions to credit unions. The platform services include integration with core processors, real-time underwriting, and no credit checks. Moreover, the firm offers solutions such as customized microloan programs, risk management, and member acquisition strategies. Additionally, Salus Fintech also provides services such as data analysis, financial inclusion tools, and real-time loan approval processes.

## Funding rounds

- Seed, Oct 31, 2023 — Alumni Ventures Group

## Investors

- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed