Further enhance your role as a trusted advisor

In the UK, collecting money takes an average of 71 days when invoicing terms are 30 days. That equates to 54.6 million hours per year of businesses chasing late payments.

BankiFi enables banks to automate collections for your customers within your digital channel, reducing late payment days and hours spent on admin. Data from our solutions show small businesses are getting paid in just two days.

Automation is the answer, removing hours of admin time and the risk of human error.

BankiFi links bank accounts and accounting packages to automate matching and reconciliation, saving your customers time and money.

It’s a common pain point for SMEs. Banks should be well placed to help, but don’t have the access to the technology or data to do so.

BankiFi holds the keys. Using data from bank accounts and accounting packages, BankiFi builds a live profile of your customers’ cash positions, allowing greater visibility to make better business decisions. All the while, banks have access to invaluable data to shape future business decisions.

54% of SME lending in the UK comes through brokers, and banks aren’t funding the £22 billion gap.

With 71% of SMEs not meeting eligibility criteria and 56% deemed too risky, our lending-as-a-service solution removes that risk and enables quick and easy lending within a bank-branded channel.

Often, processes happen across multiple applications, which can be a headache.

Instead, we make the workflow seamless. BankiFi enables the entire process from within a bank's digital channel, embedding you in their day-to-day activities.

This includes things like bookkeeping, linking accounting packages or, if they don’t have one, using bank-branded native invoicing services within the solution.

This creates relationship primacy between you and the SME and builds a customer profile that can support proactive lending and more.

Customers are often forced to use channels that don’t fit their needs, with no consistent experience across those channels.

We replace the siloed approach with an API-first solution. Our ‘gig to big’ model helps you to acquire customers at the earliest and cheapest point in their journey, so they never need to look elsewhere.