Start processing more loans. With accurate realtime creditworthiness data, you can accept more applications, reduce the risk of fraud and default, and grant more suitable loans. All at a fraction of the time and effort it took previously.
Use Monthio to cut manual processes and experience speedier and more accurate credit decisioning. Now advisors can prioritise other areas of customer success.
Improved customer experience
Create a seamless and convenient loan applicant experience. At Monthio we put UX at the forefront of our solution, resulting in 91% application completion.
Decreased defaults
With increased explicit insights, you can better identify financial distress indicators, reducing the risk of defaults and enabling more informed lending decisions.
Grant more suitable loans
Increase loan approval for good applicants, protect those who may default. Instead of relying on guidelines and outdated public data, use accurate personal bank data.
Accurate credit decisioning
Access real-time financial data, cleaned and categorised giving you full insight into transaction history, income and debt obligations.
Regulation compliance
Effortlessly meet increasing lending regulations and stay ahead of the curve. Our solution helps lenders make the best credit decisions today and tomorrow.
Monthio revolutionizes the loan approval process for credit cards, consumer loans, and BNPL services by combining deep expertise of the credit process with superior open banking solutions.
By harnessing real-time financial data, lenders can significantly increase the loan approval rate, making more accurate assessments and informed decisions.
Dedicated product advisor
Expertise in credit processes & technology
Innovation
Seamless upgrades & extensions
Implementation
A tailored integration process
MONTHIO BENCHMARKING
Compare us to other providers
Gain insights into the tangible benefits of Monthio and witness how our creditworthiness solution gives you more than others’. Try out our benchmarking service today.
Streamlined process
Quick and easy process with minimum handling
Detailed comparison report
Allows you to translate insights into key business metrics
Compliant and safe
Our data transfer service is governed by a data processing agreement
Monthio delivers the best possible loan application experience through a user-friendly interface, advanced automation, and personalized assistance. Borrowers can expect a smooth and efficient process that meets their unique needs, providing convenience, transparency, and overall satisfaction.
4 quick steps
A seamless digital experience
Intuitive User Experience (UX)
91% flow completion rate
Reduce errors
No more manual uploads and entries
“Monthio’s solution enables us to process the same amount of loan applications, despite the increased requirements in Denmark. It also gives us deeper applicant insight ensuring more accurate decision making and easier documentation. We see Monthio as an invaluable business resource.”
Head of Credit at AL Finans - Jesper Jensen
“We are always looking for ways to optimise the customer experience & I was immediately impressed by how much quicker the financing process was from using Monthio. Instead of manually having to provide paperwork and wait hours, if not days for approval, the data we need comes within seconds.”
CEO of Varmeo - Peter Veie Gudmand
“Monthio allows us to process a case in 5 minutes, down from 30. It is a crucial element of our credit assessment. Monthio is the key to our entire credit rating process.”
Head of credit - Corporate & Consumer Loan Provider
What we offer
Income verification
Get instant verification of applicant income with the latest & most accurate data.