Butter use case

Using Open Banking for income verification

About Butter

Butter’s goal has long been to be a responsible alternative to credit cards and loans but the pandemic, and subsequent crash in foreign travel, prompted the firm to pivot to a broader remit. It launching the UK’s first BNPL shopping app alongside the travel offering, enabling customers to spread the cost of any purchase from any online store.

They’ve set out to achieve this by building a platform focussed around transparency, responsible lending and the ability to transact on bigger ticket items compared to other providers, whilst also offering more choice to customers through our unique over-the-top solution, which enables consumers to shop any online store in existence with Butter.

What's the Open Banking use case?

Butter uses Open Banking for income verification before extending credit to their users.

Butter is powered by Credit Kudos

Butter app screenshots

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