CreDec provides payroll and supplier accounts payable and accounts receivable payments for business in a seamless, integrated process using the customer’s main bank account only. Payment instructions acquired from third party applications are verified in flexible workflows that allow secure, collaborative working with multiple users to streamline payment processes before authorisation. CreDec account information, identity and payment validation capabilities allow employers, consumers and accounting providers to demonstrate data compliance with Making Tax Digital by default. credec.com View FCA registration
Our mission is to make sure customers only share the information that they want to, when they want to. And to make sure they know exactly who is looking at their information. consents.online is provided completely free of charge to customers. For the richest experience, we recommend that customers with an account to download our Android/iOS apps so that we can more easily provide them with notifications and other useful information. If you are a business who wants to access bank transaction data as part of the UK’s Open Banking initiative we can help. consents.online View FCA registration
TrueLayer is an open banking payments network, providing real-time bank payments, data and identity APIs across the UK and Europe. Businesses of all sizes use TrueLayer to accept and send instant payments via open banking rails. By combining real-time bank data and identity, they create solutions for streamlining onboarding, reducing fraud and increasing payment success. A founding member of the Open Finance Association, it was one of the first TPPs to go live with variable recurring payments (VRPs), and it is leading the development of commercial VRP for both sweeping and non-sweeping use cases. TrueLayer’s platform provides developers with a simple and secure portal to access open banking APIs and integrate bank payments into their apps, websites and in-store experiences. www.truelayer.com View FCA registration
Moneybox’s goal is to provide millions of people with the tools they need to save and invest for their future. Launched in August 2016, our mobile app helps people round up their everyday purchases to the nearest pound and invest the spare change into simple tracker funds. Open banking allows a direct integration for round-ups making it a much better experience for our customers. moneyboxapp.com View FCA registration
iwoca is breaking down the barriers that small businesses face in getting finance. Rather than waiting for an appointment at a bank, you can apply online in minutes, securely linking your bank account through open banking. Your bank account data allows us to make decisions based on your full trading history, not just a credit score. Once approved, draw down as much funding as you need – the money will be sent to your bank account in minutes. An expert account manager is only ever a phone call away. iwoca.co.uk View FCA registration
Bud’s AI-powered B2B data intelligence platform analyses transaction data to uncover customer behaviours, preferences and trends with a number of applications for banks and fintechs. Bud can work with first-party customer data or open banking-provisioned transactional data. Money management and personalisation Leverage customer transaction data to deliver personal financial management (PFM) features that improve conversions and retention. Customer segmentation and targeting Identify high-impact segments and establish the next-best-action using an advanced GenAI assistant to accelerate growth across the business. Lending and affordability Understand applicants’ financial position and creditworthiness in greater detail for fast, accurate lending decisions and tailored product offers. thisisbud.com View FCA registration
ClearScore offers users access to their credit score and report for free, forever. Our mission is to empower our users to make better financial decisions and improve their financial wellbeing. Thanks to open banking, we’ll be able to provide our users with greater visibility of their finances, by blending their credit history with their current spending habits. As a result, we’ll be able to better suggest the right credit products, for the right person, at the right time. clearscore.com View FCA registration
Fractal works with global banks to unlock entirely new funding opportunities for their SME clients with the end goal of empowering small businesses. With your client’s permission, open banking allows Fractal access to a read-only view of their banking data, so that you can radically transform the customer-banking experience you give to your SME clients. Fractal keeps all sensitive financial information safe and secure. askfractal.com View FCA registration
FXE provides direct ‘one-click’ access to small businesses, with 80+ funding products available. FXE’s technology enables lenders to digitalise and automate their own underwriting and score cards. Combining new data sources with FXE’s unique cloud-based underwriting platform enables banks and lenders to automate credit decisions for lending solutions below £100,000 and semi-automate the process for larger (often secured) requests. FXE is building data analytics capabilities that are leveraging access to Open Banking data. FXE is incorporating OB-enabled data analytics to further enhance the efficiency of lending and validate product-specific affordability models. fundingxchange.co.uk View FCA registration
We offer payment processing services with a strict focus on conversion improvements and high-end risk management procedures. We intend to integrate open banking into payments flow, as well as propose a PFM application in order to ease the end-customer payment journey. naudapay.com View FCA registration
Built to harness the power of Open Banking, Yolt enables users to view their accounts in one place, spend smart with easy budgeting and bill tracking, then save smart by finding deals for energy comparison and more. Through Open Banking, Yolt aims to empower its users to be smarter with their money, and is looking forward to further opportunities and integrations, including payments. Yolt now supports the Open Banking needs of other businesses, allowing other parties to leverage their Open Banking expertise and capabilities, through the Yolt for Business API. yolt.com View FCA registration