New Spotlight: Kreditz
In our Partner Spotlight with Kreditz, we explore the transformative power of open banking and the PSD2 mandate. Kreditz, founded in 2018, empowers consumers and business owners, emphasizing that individuals own their bank transaction data. This shift has profound implications for lending processes, enabling fairer assessments and faster outcomes.
However, challenges persist. Traditional lending often relies on outdated data. While PSD2 offers a solution, raw bank transaction data can be intricate. Kreditz, in partnership with Enable Banking, is navigating these challenges to harness the full potential of open banking.
Watch now to learn more about the exciting work that Kreditz and Enable Banking are doing.
CapitalBox is on a mission to make SME financing faster, smarter, and more human. Open Banking is a key part of the story. In this partner spotlight, Julija Varneckienė (COO) shares how real-time access to business account data has helped them cut onboarding times from days to minutes, reduce fraud, and deliver a more respectful, modern customer experience. She also talks about the value of working with Enable Banking, and what the future of SME lending looks like.