Alchemy (Lenders verify financial accounts & transaction history with Open Banking)

Alchemy (Lenders verify financial accounts & transaction history with Open Banking)
Description

Alchemy's software enables banks, and Fintechs to onboard customers, underwrite and manage loans.

With new Open Banking capabilities (Account Information Services) streaming in customers' bank account data, Alchemy can now enable lenders to verify lendees' financial accounts and transaction history, without the need for manual uploads.

Phase
Live
Industry
FinTech infrastructure
Niche
Embedded lending software