Open Banking is a secure, regulated way for you to safely share financial data with providers. You are always in control of what you share and who you give access to.
How does it work?
Open Banking lets you share a one-time snapshot of your bank account transactions quickly and securely.
We use this information only to verify your details and check that the loan or credit is affordable for you.
This process saves you from uploading documents and speeds up your application.
Important:
We can’t take payments or do anything else with your bank account; your explicit permission is always needed for any action beyond viewing the shared information.
We use Truelayer, a secure, FCA-regulated provider, to connect to your bank. You can find more information on Truelayer and Open Banking here.