Case Study: ThinCats achieves faster, data-driven SME lending and monitoring with Salt Edge Open Banking

ThinCats partners with Salt Edge to bring Open Banking benefits to SME lending

ThinCats, a UK-based alternative lender to mid-sized SMEs, needed to improve the efficiency and accuracy of upfront credit assessments and ongoing loan monitoring amid volatile cashflows. To tackle this, ThinCats partnered with Salt Edge and adopted Salt Edge’s Open Banking and Data Enrichment solutions to build an aggregated, real-time dataset to better assess cashflow-backed lending and identify changing borrower circumstances earlier.

Salt Edge delivered a portal-based trial within days and moved ThinCats to a live API, upgrading ThinCats’ data models with enriched transaction insights and real-time feeds. As a result, ThinCats achieved faster, more accurate credit decisioning and portfolio monitoring, earlier identification of additional funding needs, and a streamlined/shortened funding process—benefits supported by Salt Edge’s broad connectivity to 5,000+ financial institutions.

ThinCats

Gareth Rumsey

Head of Analytics