Stilt is a fast-growing neobank for immigrants, that spun off Onbo as a banking partner to other fintechs. Around their Series A, they were growing their personal loans business 20% month over month. This created significant pressure on key team members to distribute operational load.
Stilt’s Head of Credit, Risk and Analytics, Ankit Tanwar, seeded the team responsible for compliance, fraud and loan operations. Engineering didn’t have bandwidth to automate, so as an automation-focused person, he started hacking together small Python cron jobs. Eventually the team grew, as did his team’s dependence on him. These cron jobs were brittle and time-consuming to build integrations and logic for.
When Ankit tried out LogicLoop, he immediately wanted to port his hacky scripts over. The team started writing rules in LogicLoop for:
Over the last few months, these rules have brought immense value to Stilt: