Bridge by Bankin', Algoan to simplify access to credit in France

Monday 28 June 2021 13:02 CET | News

France-based Open Banking platform Bridge by Bankin' and Open Banking credit decisioning provider Algoan have partnered to simplify access to credit.

Algoan is a fintech that wants to revolutionise the credit industry by exploiting Open Banking. Their technology analyses and uses bank data in order to simplify the conditions of access to credit and relies on the Bridge Aggregation solution for the collection and categorisation of its data. Bridge by Bankin’ is a solution for connecting to all types of bank accounts accompanied by an optimised and efficient synchronisation path for increasing conversions, thanks to a PSD2-certified funnel, which allows Algoan to synchronise with bank accounts in order to facilitate the collection and categorisation of financial data. 

The use of Bridge's Open Banking technologies supports Algoan to: 

  • Create an innovative borrowing experience, with only 4 or 5 pieces of information to give as a borrower;
  • Favour the granting of credit thanks to the precision of the categorisation of bank data and its scoring model; 

More: Link

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Keywords: Open Banking, credit scoring, online banking, partnership
Categories: Banking & Fintech | Online & Mobile Banking
Countries: France
This article is part of category

Banking & Fintech