Yolt partnered with Keebo for credit card services

The integration of open banking via API from Yolt into Keebo’s underwriting process aggregates normalised and categorised transaction and balance data from customers’ bank accounts, which helps underwriters assess customers’ credit history and financial behaviour. With consent, credit applicants can link their financial history through the Keebo app, which allows the underwriter to obtain a snapshot into a borrower’s financial health, and analyse spending habits, savings, and investments.

Open Banking technology also plays a role in providing customers with access to credit and financial inclusion. Through customer consent via Yolt’s API, Keebo can access their customers’ financial data to ensure credit provided is affordable according to their circumstances.