Help people borrow money
We help lenders make the right decisions for their customers by seamlessly integrating Open Banking powered Income and Expenditure into their business.
By unlocking the power of accurate, real-time and automated affordability assessments we help lenders create personalised experiences, with quicker, more sustainable decisions that result in happier customers.
MyBudget for lending
Sustainable, affordable rates every time
Ensure you're treating customers fairly and providing rates which are affordable by seamlessly introducing MyBudget into your lending process. Empowering your customers to complete an Income and Expenditure budget to help them understand their current finanical circumstances, while providing your business with an accurate view of affordability.
Powered by Open Banking, CRA data and Conversational AI.
We understand the challenges that lenders face
Lag between application and agreement
Save your customers time and effort by allowing them to provide income and expense information in an intuitive and frictionless way. Avoid duplicated effort or manual data input, reduce the number of customers in your documents pending queue and get to the right customer decision faster.
Out of date income and expense data
Bank statements and self-declared spending information only provides a snap-shot in time and no single month can be classed as typical. OpenWrks MyBudget solves for this by providing a holistic approach to affordability by combining Open Banking, CRA data and Conversational AI to gather contextual information.
Technical Complexity
Lenders are best at helping their customers get the finance they need. We’ve created applications that allows you to use Open Banking data to help more customers with faster, more accurate and sustainable outcomes. We eliminate needless technical complexity and shield you from the noise of any bank side updates, so you can focus on making the right customer decisions not technical support.
Ready to make Open Banking work?
Fill in the form to see how OpenWrks could help you turn Open Banking into better products, services and a more personalised experience for your customers.
We help businesses that help people
Repay money
Remove the stress of debt with sustainable and affordable repayment strategies for every customer based on detailed, real-time and bank verified information.
Manage money
Help your customers take control of their financial future by powering your apps with real time spending, forecasting budgeting and money coaching tools.