Business Solutions for Financial Inclusion, Lending and Vulnerability
Fair & Affordable Credit
Working with financial services businesses to provide fair and affordable credit to the 17.5m of the UK population in financially vulnerable circumstances.
Vulnerable Consumers
Enabling consumer facing organisations to improve the experience of vulnerable customers.
Award Winning Technology
Using our award winning AI-enabled open banking technology, credit risk platform, and specialist services we deliver results that make a real difference.
Award Winning APIs & Outstanding Platforms
Affordwise credit scores offer an effective way to assess credit risk in the rapidly growing subprime sector, now covering around 30% of consumers. These scores are based on the most recent financial activity, providing a clear and accurate picture of a consumer’s credit status.
Affordwise delivers a fair, consistent, and predictive score that helps consumers understand their credit potential and how they can improve their financial standing, while also enabling businesses to make more informed, optimal decisions.
Credit Scoring
FCA Regulated
Vulnerability
Data Driven
More about Affordwise
We are a regulated consumer credit reference agency. This means that we are permitted by the FCA to provide you an assessment about your consumer’s credit worthiness.
Unlike many credit reference agencies, we do not retain your consumer’s information on file. This reduces the possibility of data theft and mis-selling. To create a credit score, we instead use technology to access your consumer’s latest financial banking information and use advanced analytics and a training dataset, with over one billion records provided by subprime lenders and debt management firms, to determine creditworthiness.
Our credit scores are very important because they are the only ones focused exclusively on the subprime sector. They help your consumers because the scores are a fair and current assessment of their credit situation and what their potential is for credit default.
Compared to the big three, our scores are far more focused. Because we do not create vaults of consumer data like the other credit reference agencies, we can keep our pricing low and quality high. Meaning that you can credit score every consumer without breaking your budgets.
Some lenders require loan information is shared with other CRA’s. As a fully regulated credit reference agency, we can share your consumer credit information with others if you want us to.
DataFlex is an advanced Open Banking API that goes beyond simple banking transactions by offering in-line analytics, statistics, and automatic categorization. This single API allows businesses to get a comprehensive view of a consumer’s finances in seconds.
By providing sub-second categorization of transactions, DataFlex offers valuable insights into income and expenses, supporting debt advice and lending decisions. It can also identify social benefit income and automatically assess eligibility for benefits.
Categorisation
Income & Expenditure Insights
Benefit Detection
Open Banking Transactions
More about DataFlex
DataFlex enables access to Account Information Services (AIS) for banks across Great Britain and Northern Ireland. AIS enables secure access to consumers’ financial information from multiple accounts in real-time. DataFlex provides access to financial data including account balances, transaction amount and date. We can provide you a list of the bank and accounts we support on request. You can decide if you want the full open banking data that a particular bank wants, or just a sub-set. The API enables you to set retention periods to suit your particular use case.
DataFlex is very easy to implement. We provide an integration layer to enable developers to rapidly integrate the API into existing operational systems. Developers can use any language to call the API, including Python, C++, and Java.
Slick is a pioneering loan platform that transforms how lenders operate, driving profitability with tailored software solutions designed for maximum efficiency. By customizing every aspect of our platform to fit the unique needs of each partner, we streamline operations from loan origination to repayments and beyond.
With an intuitive interface, our platform simplifies complex tasks, making it easier to manage every part of the lending process. Powered by smart technology, it enables lenders to work more efficiently and confidently, unlocking new opportunities for growth.
Customer Portal
Loan Origination
Creditworthiness
Affordability
Our new consumer credit dashboard provides lenders with a clear, real-time view of a borrower’s credit risk using their open banking profile. By aggregating key financial metrics, it gives you an accurate snapshot of credit usage, outstanding balances, and overall financial health, helping you make more informed lending decisions.
With an intuitive interface, the dashboard organizes data for easy analysis, ensuring you can quickly assess risk and creditworthiness. Powered by open banking, it delivers reliable, up-to-date information, allowing you to streamline your lending process with greater confidence and efficiency.
Configurable
Financial Metrics
Real-time
Open Banking
White Labelling
Our Family Connect service is available to be integrated into your current business with customised branding and features.
FCA Regulated
Vulnerability
Consumer Focussed
Open Banking
Focus
We specialise in the subprime, responsible finance, consumer lending, and debt management markets in the UK.
Innovation
We identify credit risks and vulnerability using open banking, modern technology and relevant and recent data.
Speed
We help you get to market with real-time access to data and credit scoring solutions.
Build
We build information platforms and incorporate our unique APIs to provide valuable customer insight and integration into operational platforms.
Regulated
We are authorised by the FCA to provide account information, payments, and credit risk assessments.
Who we are
With our unique combination of data, advanced analytics, technology and regulated permissions, we are the financial technology partner that really understands your business, and your consumers. We create value and new opportunities for consumers and businesses by providing reliable information and solutions, allowing more powerful decisions and accelerating financial inclusion. We deliver specialist advisory services for lenders and debt management firms looking to implement and expand their platforms.
Explore Our Solutions
Affordability
Our DataFlex service categorises transaction data into actionable insights, such as affordability assessments and I&E profiles.
Using machine learning we have categorised millions of payment transactions and built a large generative AI model to provide real time insights into a consumer’s behaviour.
Credit Checking
Our Affordwise credit scoring solution is unique as it is entirely focused on subprime. Affordwise calculates scores based on the consumers actual and more recent financial activity.
This means the consumer gets a fair chance to obtain credit and an improved assessment to repay a debt.
Income Maximisation
Our DataFlex solution can identify in seconds how your consumer can increase their income by conducting an automated analysis of benefits paid.
We can scan a consumer’s bank transactions and recommend to you the benefits that could be claimed based on the consumer’s income and expenditure profiles.
Loan Origination
By automating key steps and providing real-time analytics, we help lenders make faster, more informed decisions while offering borrowers a smoother, more transparent experience.
Our Slick platform enhances efficiency, ensures compliance, and reduces risk. From application to funding, we empower lenders to deliver quick, accurate, and reliable service.
Vulnerability
By leveraging data analytics, artificial intelligence, and advanced financial modelling, we identify risks and provide actionable insights to help individuals and organizations make informed decisions.
Our innovative tools enable a deeper understanding of financial challenges, empowering our clients to build stronger financial resilience.
AI and ML
Our affordability and credit scoring services use machine learning and generative artificial intelligence to get better decisions quicker.
Our scoring outcomes are explainable to you, the consumer, and the regulator to meet consumer duty obligations.
Consulting Services
Data Science
We leverage real value from your data assets and use our assets to provide an understanding of your credit risks, build a data strategy, and learn how to share data with other lenders and credit reference agencies for mutual benefit.
With our combined data assets and data science skills, we build affordability and credit risk models for deployment on your systems.
Design & Build
We bring together all our services and technology to create complete solutions for our customers, from lending platforms to credit risk solutions. We can bring in our extensive data sources to optimise the solutions.
We work with a number of partners such as AWS, IBM, and Salesforce to implement sector leading business systems.
Business Advisory
The provision of open banking and credit referencing is a regulated service. We have in depth skills and knowledge of the consumer credit act as well as the payment service regulations.
All our solutions and services comply to regulations and we provide advice and guidance on how to build compliant consumer journeys.
We are here to help
We are always pleased to talk to existing and new customers.