Credit & Lending

Leverage real-time financial data to make faster, more informed credit assessments. Reduce risks with seamless compliant checks that protect both your business and your reputation.

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Challenges

Traditional credit checks are slow due to manual verification, causing delays in loan approval.
Conventional credit scoring methods may not accurately reflect a borrower's current financial status.
Loan disbursement and repayment processes are slow and expensive due to manual handling.
There is a high risk of fraud and identity theft in traditional lending practices.

Solutions

Instant access to enhanced transactional data, speeding up the credit assessment process.
Open Banking provides a comprehensive view of financial behaviour, allowing for more accurate and dynamic creditworthiness evaluations.
You can instantly send loan funds directly to borrowers, making the disbursement process fast, secure, and seamless.
Mitigate fraud and credit risk by instantly verifying identities and incomes. Quickly validate sources and replace manual checks with real-time, verified data.

Finexer’s Products for Credit and Lending

Affordability & Income Check

Leverage real-time financial data for precise loan evaluations, fraud prevention, and faster approval timelines.

Instant Payout

Provides borrowers with immediate access to their funds, enhancing financial flexibility. Simplifies the withdrawal process, increasing borrower satisfaction.

Authenticate

Verifies borrowers' identities and financial data, reducing fraud and ensuring compliance. Builds trust and security in the loan approval process.

Instant Payment

Ensures fast disbursement and repayment of loans, leading to improved cash flow and streamlining financial transactions to reduce delays.

Verification

Enhance loan approval speed and accuracy with secure, automated verification of identity and financial data, reducing fraud and ensuring compliance.

Benefits for Credit & Lending

Onboarding

Deliver a frictionless customer experience with an instant onboarding process. Automatically retrieve bank account information and verify ownership in just a few clicks.

Enhance Credit Risk Assessment

Revolutionise your credit scoring approach. Open Banking provides access to real-time transaction insights, enabling you to make more precise and informed credit decisions.

Income Verification

Securely validate a customer’s financial status during onboarding. Eliminate manual paperwork and lengthy bank procedures by swiftly pulling the necessary data via our API.

Payouts

Send funds to the correct account—whether single or multiple—in an efficient manner. Every disbursement is verified and processed instantly through our API to ensure accuracy.

Payment Plans

Easily set up recurring payment plans for your customers. Establish new payment schedules on demand and improve your collection rates.

Account Verification

Streamline your KYC and AML compliance by verifying any bank account in one seamless process. This ensures accuracy and speeds up account validation for both you and your customers.

Compliance with PSD2 enhancing payment security 99% of UK bank’s coverage.

Rapid Deployment & Embaded solution.

Comprehensive white labelled solution.

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