ABOUT US
Pioneering Innovation
in Open Finance
Founded in 2021, Creditec’s origins trace back to the early 2000s, when our team played a key role in transforming financial services price comparison. Drawing on our extensive experience with some of the UK’s largest comparison platforms, we’ve used this expertise to set a new standard in aggregation technology—building a platform from the ground up to challenge the status quo.
In today’s fast-evolving Open Finance landscape, businesses face constant change, from regulatory shifts to evolving consumer behaviour.
At Creditec, our platform empowers our partners to stay ahead of these changes. With axt foundation designed for agility and future growth, we enable innovation and position our partners to harness new opportunities as they arise.
A Journey of Innovation – From Concept to Market
After four years of development under the project codename ‘CMP,’ Creditec launched publicly in October 2021 with our first key partners.
Milestones
Launched as an Appointed Representative for credit broking with access to a loans marketplace
Introduced credit cards marketplace
Rolled out advanced Vulnerability Detection capabilities
Achieved full FCA authorisation for credit broking
Processed a total of 3.2 million eligibility checks
Processed a total of 8.1 million eligibility checks
Added current accounts marketplace
10+ million eligibility checks
VISION
Open Finance
What is it?
Open Finance is a framework that enables secure sharing of financial data between consumers, businesses, and third-party providers. By leveraging APIs, it allows individuals and organisations to access and share financial information from various accounts and services. This structure empowers users to better manage their financial lives and access a broader range of tailored financial products.
Why is it important?
What is Creditec’s role in it?
Our Vision
