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.