--- title: About description: "#Econofi" --- [![Logo-alt-color](https://www.econofi.app/hs-fs/hubfs/Logo-alt-color.png?width=591&height=145&name=Logo-alt-color.png "Logo-alt-color")](https://www.econofi.app/home) - [Home](https://www.econofi.app/home) - [BSA-AML](https://www.econofi.app/bsa-aml) - [Assessment](https://www.econofi.app/assessment) - [SAR Templates](https://sar.econofi.app) - [Insights](https://www.econofi.app/econofi-insights) - [About](https://www.econofi.app/team) - [Contact](https://www.econofi.app/contact) Search - There are no suggestions because the search field is empty. About  •  Econofi The same federal obligations. A fraction of the resources. COMPANY STATEMENT The compliance obligations that govern every federally insured bank in the United States were not written with MDIs and CDFIs in mind. The Community Reinvestment Act, the Bank Secrecy Act, and Fair Lending statutes apply with equal force to a $400 million community bank in the South Side of Chicago as they do to a $400 billion institution in midtown Manhattan. The examination standards are the same. The documentation requirements are the same. The penalties for deficient compliance are the same. *The infrastructure available to meet those obligations has never been.*   ###### Institutional Coverage Gap *The technology to automate what MDI compliance teams do manually has existed for years. It has never been built for the institutions that need it most.* 150 + 250 MDI & CDFI BANKS IN THE  U.S. Econofi is the compliance infrastructure that has not existed for these institutions. Continuous CRA documentation that builds from deployment forward. BSA/AML transaction monitoring with an immutable audit trail that does not depend on a single officer's institutional memory. A white-label financial wellness platform that puts your institution in your community's pocket — generating CRA community development service credit from every interaction, automatically. The founders built this from the inside. Demetra Crowder Allen spent fifteen years managing compliance infrastructure and intellectual property portfolios at Northwestern University. Bill Allen spent four decades building software at banks and trading exchanges. They saw the same gap from two directions: the technology to automate what MDI compliance teams do manually has existed for years. It has never been built specifically for institutions their size, at a price point their budgets can support, with the cultural understanding their communities require. *Econofi is that platform. Not a bank. Compliance infrastructure.* THE FOUNDERS & ADVISORS Built by people who saw the gap *from both sides.*   Demetra Crowder Allen, Co-Founder & CEO Demetra spent 15 years as Technology Transfer Manager, Northwestern University. Managing IP portfolios, license agreements, and revenue distribution across one of the country's leading research universities and hospital systems before co-founding Econofi. She brings a practitioner's understanding of the documentation burden that compliance programs place on institutions, and what it takes to build systems that reduce that burden without transferring it to the institution's compliance staff. Bill Allen, Co-Founder & CTO Bill spent four decades developing software for financial institutions — banks and trading exchanges processing trillions of dollars across LaSalle Street, Wall Street, and London. At Econofi, he is applying that same engineering discipline to the institutions that need it, without the enterprise price tag. Muziwami Mtetwa, Economic Advisor  Muziwami brings software engineering expertise combined with doctoral research in economics, with a focus on financial system design and the structural points where those systems fail communities. He ensures Econofi's platform meets enterprise-level security and compliance standards while remaining grounded in the economic realities of the communities and institutions it serves. [Find Out More](https://www.hubspot.com/) [Contact Us](https://www.hubspot.com/) ![Round_Team_Demetra_2xv2-2](https://www.econofi.app/hubfs/Round_Team_Demetra_2xv2-2.jpg) #### Demetra Crowder Allen Co-Founder, CEO ![Round_Team_Bill_current](https://www.econofi.app/hubfs/Round_Team_Bill_current.jpg) #### Bill Allen Co-Founder, CTO ![Round_Team_Muzi_2x-v2](https://www.econofi.app/hubfs/Round_Team_Muzi_2x-v2.jpg) #### Muziwami Mtetwa Economic Advisor Econofi™ · a division of [agile Innovation Labs LLC.](https://agileinnov.com/)    Not a bank.    Compliance Infrastructure.    © 2024–2026