Canopy use case
Using Open Banking for credit building and scoring
With Canopy RentTracking™️, you can report rent payments to both Experian and Equifax to improve your credit history and your credit score. It’s free to use, and one of the best ways to build your credit without taking out a credit card or loan.
What's the Open Banking use case?
Canopy uses Open Banking to help renters boost their credit history by making it easy for rent payments to be factored into credit scores. This improves access to more affordable financial products such as mortgages.
Canopy is powered by TrueLayer