Capital on Tap (Funding businesses through credit cards+Open Banking)

Capital on Tap  (Funding businesses through credit cards+Open Banking)
Description

Capital on Tap funds businesses through business credit cards. It uses Open Banking (OB) to analyse business transactions and determine affordability and interest rates. It also runs a reward programme on credit card purchases. Though they've not admitted to using Open Banking for this part, we've seen use cases that automate it.

Phase
Live
Industry
Business financing
Niche
Business credit cards