Shastic
Financial ServicesCalifornia, United States11-50 Employees
Shastic operates in the financial services field, delivering automation that targets the lending workflow for community-based institutions. Its platform, Mago, hosts an ecosystem of autonomous AI agents designed for banking tasks to support lending teams in expanding originations, safeguarding the loan book, and scaling operations while enhancing member experience. By automating routine processes, the platform aims to improve efficiency and accuracy and accelerate funding across credit unions and community banks nationwide. Based in Berkeley, California, the company serves credit unions and community banks with automated workflow solutions that reduce IT burdens. A recent development, announced in February 2025, is the launch of Mago, an AI-driven workflow automation platform for community-based financial institutions.