Case Study: RiverBank accelerates instant SMB lending with Powens Open Banking

With Open Banking, RiverBank allocates instant loans to small and medium-sized businesses

RiverBank, a French SMB lender, needed a faster way to assess short-term loan requests from small and medium-sized businesses that often faced urgent cash-flow needs and limited access to traditional credit. To support this challenge, RiverBank worked with Powens and its Bank banking aggregation product to build a fully online lending journey with instant bank account linking and real-time financial data access.

With Powens’ API, RiverBank automated bank account analysis, detected key transaction semantics, and generated credit decisions in about 10 seconds, with eligible applicants receiving responses in minutes and funds released within 48 hours. The approach helped RiverBank become a leader in instant SMB lending in France, with more than €160 million in loans granted since 2017 and €42 million in Q3 2021 alone.

RiverBank

Tristan Grué

Head of the French Branch