Case Study: Financeit achieves frictionless, insights-driven big-ticket financing with Flinks

How Financeit Uses Flinks to Power Frictionless, Insights-Driven Big-Ticket Financing

Financeit, Canada’s leading POS financing provider in the home improvement space, needed a faster, more reliable way to support large-ticket financing while reducing friction for borrowers and managing identity, income, default, and fraud risks. Using Flinks’ financial data connectivity and enrichment tools, Financeit could replace manual document collection like void cheques and pay stubs with a smoother digital application experience.

With Flinks, Financeit embedded account linking into its loan journey to access identity, transaction, and recurring payment data, while Attributes helped automate income verification and support manual reviews. The result was a more frictionless lending experience and stronger decisioning: 70% of borrowers on a white-label retail financing product used bank account linking instead of uploading a void cheque, digital application adoption rose 30% in 2020, and digital journeys reduced average completion time by 23%.

Financeit

Lee Zwaigen

Vice President of Product