Investor overview

A structural gap in the mortgage market.

Every year, hundreds of thousands of creditworthy borrowers are declined by digital lenders, mutual banks and fintechs — not because they can't get a loan, but because they don't fit a narrow product. Looksi is the infrastructure layer that keeps those customers in the funnel and turns declined demand into funded outcomes.

~$380BAnnual mortgage settlements (Australia)
Up to 75%Applicant fall-out rate
$0Current value of a decline
~$1.6kLender share per loan at year 3~$988 at year 1 · ~$10.4k over 30 years
The opportunity

A large, predictable loss hiding in plain sight.

The decline
The customer leaves. The economics go with them.

Our lenders serve a narrower borrower profile than the market demands. Customers with complex income, edge-case policy issues, or non-standard scenarios fall out — even when they are strong borrowers for another lender. Today, those customers walk into the broker channel and the originating bank loses the loan, the revenue, and the relationship.

The fix
Keep the customer. Recover the value.

Looksi sits between the moment of decline and the customer walking out the door. With consent, we connect them with a qualified broker who can either restructure the loan back to the originating lender's policy, or place it on a broader panel — with economics flowing back to the bank that originated the relationship.

Business model

Revenue tied directly to funded outcomes.

01
Partner integration

Looksi integrates into the digital application flow of a financial institution partner. When a customer falls outside policy, Looksi is triggered — with the customer's consent.

02
Broker-led fulfilment

A qualified broker reviews the case and either restructures it to fit the partner's policy, or places it on a broader lender panel to fund the outcome.

03
Revenue share

Looksi earns a fee on each funded outcome. A portion flows back to the originating partner, creating aligned incentives across the entire funnel.

Stage

Early stage. Narrow wedge. Strong unit economics.

Looksi is in active partner development with lenders in Australia. The product thesis has been validated through deep operating experience across consumer banking, home-loan distribution, and regulated financial workflows at institutions including Up, ANZ Plus, the Future Fund, and Envato.

The immediate focus is the Australian home-loan market — a narrow integration and operating layer that helps a partner recover value from applications its native product cannot serve. The ambition is global.

We are raising a pre-seed round to fund partner onboarding, regulatory infrastructure, and the first funded outcomes.

Product thesis shaped by operators with direct experience in the problem
Active partner conversations with lenders in Australia
Credit representative authorisation in place (CR 573517, ACL 486112)
Lightweight integration model — no core system changes required for partners
Revenue model tied to funded outcomes — no revenue without delivery
Pre-seed raise open to aligned investors
Team

Built by people who have lived the problem.

CEO & Co-Founder
Ruki De Silva

Twenty years scaling financial services products across banking, investment management, and early-stage ventures. Ruki has held roles at Up and the Future Fund, with a track record of taking products from zero to market inside highly regulated environments.

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CTO & Co-Founder
Andrei Gridnev

Twenty years in software engineering and engineering leadership across banking, fintech, and marketplaces. Andrei has led engineering teams at ANZ Plus, Up, and Envato — building platforms from the ground up and scaling them to millions of users within complex, compliance-heavy environments.

LinkedIn
Get in touch

Interested in learning more?

We are in early conversations with aligned investors. If the thesis resonates, we would love to share the deck and talk through the opportunity.

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