Case Study: Mostra Coffee secures rapid access to capital and opens a second San Diego shop with Finicity

How open banking is giving a San Diego coffee roastery the jolt of capital to thrive

Mostra Coffee, a San Diego micro‑roastery and café founded by Beverly and Sam Magtanong, faced a sudden collapse in business when COVID‑19 cut sales in half and forced layoffs just as they were preparing to expand. To secure urgently needed capital and prove creditworthiness without a long credit history, Mostra turned to open banking — linking its bank accounts via Finicity’s open banking platform so lenders could quickly verify its financial history.

Using Finicity’s platform (which connects to more than 10,000 financial institutions and can authenticate bank statements), lenders such as Lendio accessed Mostra’s records after a 15‑minute application and approved the financing the roastery needed — including an $80,000 PPP loan that let them finish and open their second location on June 30, 2020 and rehire staff. Finicity’s solution helped speed approvals and reduce fraud risk, supporting broader impact efforts that enabled thousands of small businesses (Lendio helped 100,000 businesses connect to $8 billion in PPP funding) get timely access to capital.

Mostra Coffee

Sam Magtanong

Mostra Coffee