Skip to main content

Curve chooses Credit Kudos as Open Banking partner for Curve Credit

Curve has partnered with challenger credit reference agency, Credit Kudos, to strengthen its affordability and risk assessments for customers of its new Curve Credit product.

by Credit Kudos20th April 2021

Credit Kudos, the challenger credit reference agency and Open Banking provider, today announced they have been selected as the Open Banking provider for Curve, the fintech that brings your cards into one smart card and app, for its forthcoming Curve Credit product.

Powered by Open Banking, Curve Credit allows customers of Curve to pay for purchases in instalments, spreading payments over three to twelve months - in-app. Offering transparent and fair terms, Curve's customers will be able to split the instalments at the point of purchase, or after they’ve paid for an item: they can "go back in time and pay later."

Leveraging Credit Kudos’ award-winning insights, built from Open Banking data, Curve will be able to better assess an applicant’s affordability and creditworthiness. Credit Kudos’ Affordability Insights solution provides insights into an applicant's affordability at speed through their intuitive dashboard, Atlas, or quick API, for a robust and seamless assessment process.

Curve Credit is currently in beta testing and is expected to launch widely in the coming months.

With the right approach, credit can enable financial freedom; allowing people to access the finance they need to meet unexpected needs and take advantage of new opportunities. The forthcoming launch of Curve Credit and our partnership with Credit Kudos, another disruptive fintech, will bring us a giant step closer towards truly simplifying our customers’ finances, putting them in control and allowing them to more easily manage their monthly outgoings.
Paul Herrald, Head of Curve CreditCurve
Our technology is transforming and modernising the lending sector to benefit both lenders and borrowers and we’re excited to partner with Curve as part of our mission to make credit fair and accessible to all. People increasingly want personalised, flexible financial products and over the past 12 months we have seen a number of innovations developed leveraging Open Banking insights, such as the soon-to-launch Curve Credit. We’re excited to be working with Curve to power faster and more accurate affordability assessments for this new product - so it can bring further innovation and financial flexibility to UK borrowers.
Freddy Kelly, Co-Founder and CEOCredit Kudos