Case Study: Swoop (business funding & savings platform) achieves faster, fairer access to finance with Codat's single accounting API

Codat help Swoop to provide their customers with a faster and fairer way to access finance

Swoop is a business funding and savings platform that helps small businesses find loans, equity and grants and identify savings. Facing limited coverage of accounting integrations, out-of-date contributed data and time-consuming manual data collection that slowed funding decisions, Swoop partnered with Codat to integrate accounting systems more broadly and reliably using Codat’s single API.

Codat’s API, built, maintained and managed by Codat, lets Swoop connect to many accounting platforms and pull up-to-date financial data at the click of a button. The integration gave Swoop better insight into customers’ financial health, reduced manual processes, and accelerated access to credit—making onboarding and credit decisioning faster and enabling more tailored funding offers.

Swoop

Ciaran Burke

Chief Operating Officer & Co-Founder