Case Study: Capitalise boosts SME loan application completion and pre-approvals with Plaid

How Capitalise & Plaid are Reshaping SME Funding

Capitalise, a financial platform for UK SMEs, was facing a challenge where traditional loan application processes were too slow and manual, causing low completion rates and frustrating both businesses and lenders. Their goal was to offer SMEs more efficient access to funding. To solve this, they integrated Plaid's open banking technology to streamline data sharing and eliminate these manual bottlenecks.

By implementing Plaid's secure bank connectivity, Capitalise automated the flow of real-time financial data to lenders, which accelerated underwriting and credit decisions. This solution led to a significant measurable impact, including a 48% increase in application completion rates and a 180% increase in pre-approval offers for SMEs using the platform.

Capitalise

Ollie Maitland

Co-Founder & CPO