Kintai is dedicated to making entrepreneurs’ goals a reality by helping finance business ideas for freelancers and small to medium-sized enterprises. The service is incredibly convenient, as the process is fully online and credit checks are performed in real-time thanks to open banking technology provided by Nordigen. Due to this, loans can be secured almost instantly. The repayment process is flexible and frictionless, with different terms and payment methods available to clients.
“The idea behind Kintai was to create a solution for risk-free loans to merchants and SME’s who are not in the position to access traditional financing for their projects. We prioritise high quality customer service and value each one of our clients and would like to see them succeed. This is what led to us choosing a quicker and more streamlined credit assessment process, which was then brought to life by Nordigen’s open banking solution,” says Ignasi de Llorens, CEO of Kintai.
The Kintai x Nordigen collaboration enables Kintai to use Nordigen’s open banking connections to securely and quickly connect to client bank accounts. Their system is then able to analyse customer transactions and payments to establish creditworthiness.
“Often freelancers and SME owners have amazing ideas that they would like to bring to life, but financial aspects put limits on their growth. Quick and easy financing solutions like Kintai allow entrepreneurs to enter the market more successfully and with more stable financial foundations. We are elated to play our part in helping Kintai’s clients become the next big thing in their respective industries,” says Rolands Mesters, co-founder and CEO of Nordigen.
Nordigen is a freemium open banking platform that provides free access to open banking data and premium data insights. Nordigen’s free API connects to more than 2,100 banks in Europe and serves fintech companies and developers in 31 European countries, including the UK. Nordigen is a licensed Account Information Service Provider (AISP), regulated by the Financial and Capital Market Commission of Latvia and authorised in 31 European countries.
Kintai is a Spanish lending solution for freelancers and small and medium-sized businesses. The system enables users to secure quick and easy loans up to 50,000 euros, and pay them back through flexible and frictionless plans.