FintecSystems Realtime Online Credit Approval / Lending (English)

The FinTecSystems GmbH, is a leading provider of online banking based information and payment services. Our recently released new product called FintecSystems RISK enables lenders to obtain real time financial information about their customers using just their online banking account. This results in a more accurate and seamless loan application processes by enriching existing application processes or existing data.

With FinTecSystems RISK lenders can access up to 90 days of customer account activity. For lenders it is possible to derive certain information of interest from the account activity, e.g. using salary to carry out risk assessments. Also validating or completing financial information of the borrower to have a consistent data basis, while reducing the need for manual interaction efforts and costs for both parties.

“With FinTecSystems RISK, we build a bridge between BigData and SmartData. Accurate information about a borrower enables the lender to be more effective with loan terms. Precise and quality data is more important than data quantity. Data quality is the crucial factor to establish an online financing process in Germany and Austria. Eliminating a manual finishing processing step for the lender.”, said the CEO of FinTecSystems Stefan Krautkrämer.

About FinTecSystems:
FinTecSystems is a provider of online banking-based information and payment services. We develop solutions for banks, payment providers and online stores to help reduce credit and fraud risks, provide identity services and realtime payment solutions. Our platform is available as a PaaS and SaaS. For more information visit