Published On: February 22, 2023|By |Categories: Blog, News|

Libro Credit Union Deploys JUDI.AI to Power Small Business Lending Program

VANCOUVER, BC, CANADA, Wednesday, February 22, 2023 — JUDI.AI, a leading SaaS small business lending provider for community lenders, announced today that Libro Credit Union, the largest credit union in southwestern Ontario, has successfully gone live with its AI-enabled small business lending platform. 

With $6.8 billion in assets and more than 110,000 member Owners, Libro is near the top 10 largest credit unions in Canada. Their membership base includes over 10,200 business Owners, ranging from small ventures to large, multi-generational farms. During the pandemic, Libro was very active in supporting local small businesses, issuing nearly 3,000 CEBA loans worth over $163 million. 

“Improving the financial capacity and resilience of our members, including small businesses, is one of Libro’s key pillars,” said Martin Kihle, Vice President, Business Banking at Libro Credit Union. “Working with JUDI.AI to support our small business lending program is an example of the technology investments we’re making across the organization, which will help us make better, faster decisions for our Owners.” 

“At JUDI.AI, we believe small businesses are critical to shaping strong economies and vibrant local communities,” said Gord Baizley, CEO at JUDI.AI. “Libro’s community focus aligns perfectly with our vision, so we’re beyond excited to have them join us on this journey to improve the lending experience for both small businesses and local lenders.” 

About Libro Credit Union 

Libro Credit Union is a full-service financial institution serving more than 110,000 member-Owners through a network of digital service and 36 physical locations. As a trusted financial partner for more than 75 years, our passionate staff and commitment to our communities sets Libro apart. 

Libro invests 100% of profits back into the people, businesses and communities we serve. One of the ways we do this is by supporting organizations that are making a positive local impact helping to address some of the most challenging issues in southwestern Ontario in Employment, Financial Resilience, Local Food Accessibility and Housing. Libro is also proudly committed to making positive social and environmental impact as a certified B Corporation®, as an associate member of the Responsible Investment Association, and as Living Wage employer. To learn more about becoming an Owner and what it means to bank with purpose, visit 

About JUDI.AI 

Small businesses are the backbone of our local communities, but 40-50% of small businesses rank access to capital as their top challenge. Although the economics of small business lending have historically been untenable, mission and profit are no longer mutually exclusive in the digital world. Born and incubated inside a fintech lender, JUDI.AI enables community-based financial institutions to provide a fintech-like experience for small business loans. Combining the speed of consumer lending with the right amount of rigor from commercial lending, our AI-enabled platform uses a unique cash flow-based underwriting approach to eliminate the friction typically associated with small business lending. JUDI.AI pledges 1% of our equity, revenue, time and product to charities of our customers’ choice. To learn more, visit 

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